Tag Archives: International

Saudi Aramco’s much-hyped initial public offering is ``most likely`` to take place in 2019.

Many countries like Denmark are investing in solar and wind energy technologies.

The IEA said 80 percent of the growth in demand expected between now and 2040 should come from emerging markets. China and India chief among them.

The recent US oil rig peak of 1.609 was in October 2014. at a time oil prices had fallen to the mid-$80s b.

Shell expects its global deepwater production from already discovered and established areas to exceed 900.000 boe d by 2020.

Sonatrach will boost discoveries to reach 100 million tonnes of oil equivalent per year.

The EIA estimates that the US pumped the equivalent of 30 million barrels of oil per day in 2017.

India has asked Saudi Arabia for assurances that oil prices will remain stable and moderate.

Concerns raised by the United States that oil prices were too high also made the exporting group start internal discussions.

OPEC and allied oil producers including Russia are discussing new ways of measuring global crude stockpiles.