The higher the price goes in the short run the more difficult it will be to return the oil taken off the market.
Read More »Oil Tycoons Make Billions in Saudi Purge
Other analysts say the actions by MBS could undercut one of his own top priorities.
Read More »Natural Gas Emissions Threaten EU Carbon Budget
Natural gas supply chains result in methane emissions. which have approximately 34 times more global warming potential of CO2 over a 100-year period.
Read More »Iran Seeking to Help Syria`s Power Grid Reconstruction
The deal provides for exchanging expertise and organizing workshops that serve the upcoming reconstruction and production projects of Syria.
Read More »China Energy Investment signs MOU for $83.7 bln in West Virginia projects
The agreement also underscores China Energy’s ambition to diversify its business into natural gas and the refining sector.
Read More »Russia. Iran Agree to Begin Work Next Year on Controversial 1.200km Pipeline to India
The US had sought to persuade India to secure its future energy supply using an alternative TAPI pipeline.
Read More »Venezuela’s Rig Count Is at a 14-Year Low
Venezuela lost the top spot to Brazil amid triple-digit inflation. unpaid debts to oil-service companies and lack of investment.
Read More »IEA Ministers Invite Mexico to Become Agency’s 30th Member
Mexico is the world’s 12th-largest oil producer. and has some of the world’s best renewable energy resources.
Read More »Brazil Rejects Saudi Arabia`s Overtures on Oil Output Cuts
OPEC meets at the end of this month and has been widely expected to extend the deal.
Read More »Iran to Pump Gas to Basra by Yearend
Iraq is Iran'.s southwestern neighbor. and its port city of Basra is located in southeast of the country at northern edge of the Persian Gulf.
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