Tag Archives: International

The capital plans to boost oil output capacity to 4 million bpd by 2020 and 5 million bpd by 2030.

Clean energy sources could also account for more than 40% of total generation in the global power mix by this date.

Crude production from members of the Organization rose by 127.000 barrels a day in October.

Energy needs in Central and South America will grow less rapidly than other developing economies.

BP concluded its purchase of global miner BHP Billiton for $10.5bn earlier this year.

This is the first U.S. LNG cargo to be shipped to China since Sept. 10.

Saudi Aramco is still in discussions to buy a stake in petrochemicals company Saudi Basic Industries Corp. (Sabic).

OPEC in recent months has been wracked with internal disputes.

The value of exports to African nations stood at about $752 million last year.

The rig count is an indicator that U.S. crude production will increase further.