Algeria had floated an idea of deepening the cut by some 600.000 barrels per day.
Read More »Indian Coal Demand Soared 9.1% Over Last Year
The nation’s Coal Minister. Pralhad Joshi. said national supply hit 991.35 million tonnes in 2018 2019.
Read More »IEA Concerned About Impact of Middle East Tensions
Strong growth in the price of U.S. shale oil has also contained stronger increases.
Read More »Iran Increasing Oil Refining Capacity Amidst US Sanctions
Iran’s oil and gas industries are growing reliance on domestic capacities and indigenous technologies. Iranian Deputy Oil Minister Alireza Sadeqabadi said.
Read More »Foreign Vessels Keep Docking at Iranian Ports Regardless of Drone Incident
No foreign maritime company has announced a change in its port call programs after a US spy drone was shot down by Iranian air defense units.
Read More »US will Lead Oil Output Growth Through 2030
US crude exports will keep rising as domestic production grows.
Read More »US-Iran Tension to Overshadow G20 Summit in Japan
Many G20 members have a stake in the outcome of the meeting because the row has disrupted global supply chains.
Read More »House of Commons Passes Net Zero Carbon Emissions Bill
The draft order would amend the 2050 greenhouse gas emissions reduction target in the Climate Change Act from at least 80% to 100%.
Read More »Huge VAT Increase for Solar and Battery Storage Products
Supplies of coal as a fuel for homes will continue to receive a reduced 5% VAT rate.
Read More »Repsol Announces First Oil from Buckskin Project Ahead of Schedule
Spanish oil firm Repsol has announced it has achieved first oil from its deep-water Buckskin project in the Gulf Of Mexico.
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