Investment in renewable power dropped 7% as the growth seen in solar and wind energy was offset by declines in hydropower and nuclear power.
Read More »China Is Set to Become the Top Natural Gas Importer by 2019
China and India have the fastest growth of liquid natural gas consumption.
Read More »IEA Report Warns of Decline in Renewable Investment
Final investment decisions for new coal-fired plants have been declined for the second year in a row.
Read More »IEA Report about Global Energy Investment in 2017
The United States shale industry is at turning point after a long period of operating on a fragile financial basis.
Read More »OPEC Production Hits 4-month High of 31.87 mb d
OPEC is a 14-country oil cartel. which includes Nigeria.
Read More »Venezuela’s Oil Crisis
China has decided to invest &.25 million to help slow the decline underway in Venezuela.
Read More »Oil Market Watching Geopolitical Tension. Inventory Report
According to IEA. Saudi Arabia will use its spare capacity which is predicted by as much as 2 million barrels per day.
Read More »IEA: The Gas Industry’s Bright Future over Next Five Years
LNG is progressively taking a larger share in global gas trade. especially in Asia.
Read More »ADNOC Mulls to Take Stake in Ratnagiri Refinery Project
UAE supplies a small quantity of oil to India.
Read More »OPEC Set to Achieve Stable Oil Market
The UAE minister said stock levels had dropped significantly since the beginning of 2017.
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