Solar power is the fastest growing source of new energy.
Read More »Schlumberger to Build Land Rigs at King Salman Energy Park
The new center will manufacture products for drilling. exploration and production. as well as midstream.
Read More »Russia’s Oil Production in Highest Level since 1999
Russia implemented its pledged 300.000 barrel-a-day supply cut gradually.
Read More »With China`s Second Pipeline. Russia Tightens Oil Grip
Russia pipped Saudi Arabia most of last year as the top crude supplier to China. the world’s biggest buyer.
Read More »U.S. Shale Can’t Offset Decreased Oil Discoveries
WoodMac expects 2018 to be a third consecutive year of increase in the number of project sanctions from the 2015 low.
Read More »New Line of China-Russian Oil Pipeline Begins Operation
The second line was built in parallel to the first line between Mohe and Daqing.
Read More »Iran Unrest Pushes Up Crude
The higher prices are expected to stoke U.S. shale output.
Read More »OPEC`s Biggest Challenge in 2018: An oil Deal Exit
The exporters group will look to keep prices within the so-called ‘shale band’.
Read More »China`s war on smog lifts LNG Price
China is making huge investments into renewable power generation.
Read More »Libya Oil Production Is Back to Normal
The damaged parts had been replaced and flows would start returning to previous levels.
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