The U.S. is ready to help Europe to diversify its energy supply.
Read More »GE Fights for Survival
GE'.s new management team is following a long tradition of corporations in trouble and short of cash.
Read More »U.S. Considers New Sanctions on Russian Oil
U.S. lawmakers have been discussing extending sanctions on Russia to energy and oil projects.
Read More »China Surpasses Japan as World’s Top Natural Gas Importer
China is raising its domestic natural gas production.
Read More »Goldman Sachs Predicts Oil Supply Crunch Looming
The oil market could tip into a shortage in the 2020s because nobody is allowed to fully invest in future oil production.
Read More »Saudis Study Potential OPEC Collapse
Demand for oil will one day peak and Saudi Arabia needs to prepare for that day.
Read More »OPEC`s Fear of Another Downturn In Oil
EIA predicts that U.S. production will increase to 12 million barrels per day in the second quarter of 2019.
Read More »Weatherford Mulls Manufacturing Expansion in the Middle East
Weatherford posted a net loss of $199 million (Dh730.8m) for the third quarter year-on-year.
Read More »U.S. Oil Production Is Set To Soar Past 12 Million Bpd
U.S. production will be growing despite the current capacity constraints in the Permian.
Read More »OPEC Output Cuts Likely Next Year
Oil prices have come under downward pressure from rising supplies.
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