The energy watchdog revised down its outlook by 11 per cent as financing risks mount in the countries.
Read More »IEA Head Sees Oil Prices Subdued On Non-OPEC Supply Growth
The production growth from non-OPEC countries is still there so I do not expect a price rise in the near future.
Read More »IEA Says China Remains Leader of Renewables
IEA'.s new report on renewable energy showed new solar PV (photovoltaic) system capacity grew by 50 percent last year. with China accounting for almost half of the global expansion.
Read More »Permian Still Holds 60-70 Billion Barrels
The world’s top shale play. the Permian. has shown remarkable resilience amid the lower-for-longer oil prices.
Read More »China Looks to Create National Natural Gas Pipeline Firm
China is expected to account for 40 percent of the global annual growth in natural gas demand over the next five years.
Read More »Iran Named World’s Third Largest Gas Producer
The next top producers were Canada (174 bcm – 4.8 percent) and Qatar (165 bcm – 4.6 percent).
Read More »How Mexico’s Energy Reform Will Impact the U.S.
Unfortunately. Mexico’s domestic production has lagged behind demand.
Read More »Sub-$50 Oil Could Kill Shale
There are a few reasons to be skeptical that the momentum will carry crude prices higher than current levels.
Read More »IEA Expects Non-OPEC Output to Expand
The US output is forecast to rise by 0.6 million b d and 1 million b d in 2017 and 2018. respectively. according to the report.
Read More »OPEC. Non-OPEC Nations to Meet on Compliance with Oil Targets
Iraq. the second-biggest producer in OPEC. will also attend the meeting. the people said.
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