This coal closure deal will. no doubt. lead to much discussion of the practicality and economics of the German vision of its energy future.
Read More »Libya on the Edge of a New Oil War
The Libyan situation is further complicated by recent developments in the East Mediterranean.
Read More »Middle East Share of India’s Oil Imports Falls to 4-Year-Low
India is working to diversify its oil supply sources to cut dependence on the Middle East.
Read More »Iraqi Oil Field Halts as Reform-Driven Protests Escalate
Iraq temporarily stopped work on an oil field on Sunday and supply from a second production site is at risk as widespread unrest escalates in one of OPEC’s biggest producers.
Read More »Libyan Oil Exports Blocked Ahead of Berlin Peace Conference
Libyan commander Khalifa Haftar blocked oil exports at ports under his control. slashing output by more than half and posing a potential setback for an international conference on Sunday that aims to broker an end to a civil war in the OPEC nation.
Read More »SoftBank Offers to Invest $40 Billion in Indonesia’s Capital
SoftBank Group Corp. offered to invest $30 billion to $40 billion toward the development of a new Indonesian capital. a senior member of President Joko Widodo’s cabinet.
Read More »Qatar to Develop 800 MW Solar Power Plant with Total. Marubeni
This plant is the first of its kind in the state of Qatar with a total capacity of 800 MW which equals about 10% of Qatar'.s current peak electricity demand.
Read More »UN Concerned With Closure of Oil Ports in Libya
Libya has been torn apart between the two rival administrations since 2011.
Read More »OPEC. Partners to Extend Production Cut Deal to End of 2020
Crude oil output from OPEC would dip to 29.6 million barrels per day in 2020.
Read More »Top Quality Oil Sold Near $100 a Barrel on New Ship Rules
Just shy of $100 a barrel -- that’s the cost of a type of crude that’s become prized thanks to the scramble for cleaner-burning fuels.
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