This commitment to a balanced market and a sustainable stability remains our key objective.
Read More »Tillerson Supports U.S. Trade Goals. not Tactics
Tillerson supports the president’s trade objectives but may not support the tactical moves.
Read More »Sechin: Oil Contamination had Negative Impact
Pipeline monopoly Transneft had assured Rosneft it would be compensated for all losses from the oil contamination.
Read More »Russia`s 2019 Growth Outlook due to Lower Oil Output
Russia’s average daily oil output has dropped to a three year-low in June.
Read More »Growing Producer Consensus to Stabilize Market
The Kingdom is closely monitoring recent developments in the oil market.
Read More »Oil Prices Fall Amid Economic Slowdown
Other energy prices. like coal and gas. are also being hit hard by the downturn.
Read More »OPEC: Declining US Market Share Trend Continued in 2018
The group'.s total output declined by 1.3% last year.
Read More »South Korea Finalize Plans to Raise Share of Renewable Power
Asia’s fourth-largest economy is shifting toward cleaner energy amid growing criticism over its air quality.
Read More »Regulators Seek Cooperation Over Plane Safety
EU transport officials say they will work with other regulators on approving new software for the Boeing 737 Max.
Read More »Zero Emissions Law Should Be PM`s Legacy. Scientists Say
Leading climate scientists have called for Theresa May to make her legacy a target to cut greenhouse gases to zero by 2050.
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