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The IEA reduced its forecast for growth in emerging-market demand next year.
Read More »IEA Welcomes Return of Oil Surplus after OPEC Output Surge
Oil Rises amid Expectations of OPEC Supply Cut
While OPEC considers withholding supply. U.S. crude oil production reached another record last week.
Read More »Russian LNG Cargoes From Yamal Arrive In U.S.
These cargoes are not the first Yamal-originated LNG supply to have reached U.S. coasts.
Read More »US Shale Surge Boosts Industry Finances. Puts Deals in Spotlight
OPEC last sought to drive out shale producers by flooding the market with oil in 2014.
Read More »Sechin: We`re Fine with any Oil Price
It would be silly to make any price forecasts at the moment.
Read More »Iraq Restarts Kirkuk Oil Exports after a Year of Suspension
The flows resumed on Friday at a modest level of around 50.000-60.000 barrels per day.
Read More »Total. Exxon Sign MOU with the State of Papua New Guinea
The MoU was signed during the Asia Pacific Economic Conference (APEC) in Port Moresby.
Read More »European Companies have Outspent U.S. Rivals on Clean Energy Investments
ExxonMobil was heavily criticized over its slower move to embrace the concerns of climate change.
Read More »Russian Shipyard Starts Serial Production of Aframax Oil Tankers
The shipyard will build 25 tankers for Rosneft.
Read More »China Pledges Huge Natural Gas Supply Boost
Other Chinese oil companies are also gearing up for the winter season.
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