California just passed a rule that will phase out diesel and gas-powered public transit buses by 2040.
Read More »Saudi Arabia Spares Asia from Crude Cuts in Bid to Keep Market Share
South Korea imported 8.8 million barrels of light sweet WTI Midland and Eagle Ford crude and condensate in October.
Read More »President Rouhani to pay visit to Ankara on Wednesday
Rouhani will travel to Ankara to attend the 5th summit of High Council for Strategic Partnerships of Iran and Turkey.
Read More »Supply Glut and Economic Concerns Affects Oil Price in 2019
The OPEC+ alliance agreed earlier this month to remove 1.2 MMbpd from the market in the first quarter of 2019 to revive prices.
Read More »The Prospect for LNG Market in China
The spike in Chinese gas demand is one of the major factors driving this market tightening.
Read More »Khalid al-Falih Expects Oil Stocks to Fall by End of First Quarter
The U.S.-China trade war would not have an impact on Saudi Arabia’s relationship with China.
Read More »Iran. Iraq in Talks for Trade in Own Currencies
The central banks of Iran and Iraq are finalizing negotiations to begin trade in their own currencies.
Read More »Iran National Oil Company Rejects Rumors of Rosneft Leaving
Iran signed some MOUs with foreign companies after implementation of the Joint Comprehensive Plan of Action.
Read More »Global Coal Demand to Rise until 2023
Just 18 large-scale carbon capture and storage plants are in operation around the world.
Read More »Exxon Mobil. the Most Active Driller in Permian Basin
For Exxon. the Permian is still small when placed in the context of its global reach.
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