Tag Archives: International News Agency

Some oil majors have started to acknowledge a peak in oil demand could come by the 2030s or even earlier.

The United States shale industry is at turning point after a long period of operating on a fragile financial basis.

Analysts Forecast Most Constructive Oil Market in Years.

China has been pushing hard for its companies to be global leaders in new technologies.

Saudi Arabia’s compliance with OPEC’s output-cut deal fell to 26 percent in June.

Sinopec and China National Petroleum Corp (CNPC) among other oil and chemical majors have participated in the trading.

The Trump administration has said there are more than 50 foreign companies that have withdrawn their business from Iran.

The US has repeatedly urged European countries to not participate in Nord Stream 2.

South Korea’s crude imports in the first six months of this year were 74.11 million tonnes.

The United States led the world in oil production for much of the 20th century.