China is mobilizing its vast state-run energy industry to prepare for an economic tussle with the U.S. that could escalate further and might last for years.
Read More »Russia will Consider Extending Oil Output Cut with OPEC
OPEC. Russia and other producers agreed to cut output by 1.2 million barrels per day (bbl d) from January for six months to boost oil prices by reducing global inventories.
Read More »Norwegian Oil Patch Ramps Up Spending To Counter Decline
Norway’s oil and gas companies plan to spend 17 percent more this year. at about US$21.11 billion as they step up their exploration.
Read More »The Second Machine Age Could Crash Oil Prices
Forecasters at these major oil organizations simply do not understand that we are in a new age of rapid technological advancement and innovation.
Read More »Asian Renewable Investment to Overtake Upstream Oil and Gas Spending in 2020
Renewable energy investment in the Asia-Pacific region will overtake spending on oil and gas exploration by 2020.
Read More »US Blacklist Will Harm Billions of Consumers
A US move to put Huawei on a trade blacklist sets a dangerous precedent that will harm billions of consumers. the firm'.s top legal officer said.
Read More »No Talks or Perspective for Talks with US
The tensions between Iran and the US are rooted in (the US) economic terrorism and sanctions.
Read More »India Likely to Resume Importing of Iranian Crude Products
It is easier to trade in domestic currency as India has the option to route payment through one of India'.s state-owned banks.
Read More »Global EV Outlook 2019 Launched at Clean Energy Ministerial
The report provides key insights on EV and charging infrastructure deployment. ownership cost. energy use. CO2 emissions and battery material demand.
Read More »Steep Decline in Nuclear Power Would Threaten Energy Security and Climate Goals
A new IEA report finds nuclear power capacity in advanced economies could fall sharply. making the global energy transition harder and more costly.
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