Strong economic growth is what’s really driving demand at levels much higher than recent history.
Read More »Exxon is Dropping its Arctic Joint Venture with Rosneft
Rosneft is active in eastern Siberia while Exxon has been announcing discovery after discovery from its offshore licenses in Guyana.
Read More »Total boss Ready to Take Risks
Part of Pouyanne’s justification for expanding in politically risky countries could be the way Total sees future oil consumption playing out.
Read More »OPEC Sacrificed Venezuela and Angola for the Greater Good
The fall in oil prices had an immediate and dramatic impact on drilling activity.
Read More »Saudi IPO May Be Delayed Until 2019
Officials and advisers involved in the process have also explored the possibility of not taking Aramco public at all.
Read More »OPEC Divided on the Right Price for Oil
Iran wants to see $60 a barrel to rein in shale producers. while Saudi Arabia’s budget needs $70.
Read More »Why Germany Is a Clean Energy Superpower
A 2017 survey found that a whopping 95 percent of surveyed citizens rate the expansion of renewable energy as important or extremely important.
Read More »Oil Industry Relationship with Trump Cooling Off
Steel tariffs. jousting over NAFTA and wariness about regulation rollbacks are making oil and gas executives nervous.
Read More »India will Pay Iran’s Oil Sales Debt in Euro
Indian government has focused on developing phase one of Chabahar Port.
Read More »Japan will Offer over 300mn Yen for North Korea Nuclear Inspections
Japan is expected to work with the United States and South Korea to work out a roadmap for North Korea'.s denuclearization.
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