Algae are probably one of the most attractive directions of scientific development when it comes to finding new green energy sources.
Read More »IEA: $65-70 Oil Could Cause Surge in U.S. Shale Production
The IEA warned that mostly due to U.S. shale. total supply growth could exceed demand growth.
Read More »Trump Extends Iran Sanctions Relief
IAEA on November 13 in a new report verified for the ninth time that Iran has been in compliance with the deal since it was implemented on January 16. 2016.
Read More »Maduro Urges Latin American states to join cryptocurrency project
Venezuela. home to the largest oil reserves in the world. saw its crude output plummeting throughout the year as its national oil company struggled.
Read More »Russia`s First Commercial Wind Farm Online
Chinese turbine manufacturer Dongfang supplied the turbines for the project.
Read More »Shell`s Strengthen by Expansion in Electricity
Big Oil entering the heavily regulated European power market isn’t a natural fit today.
Read More »Lukoil Calls for Exit from Output Deal if Oil Holds at $70
Lukoil shares rose by 5 percent to 3.880 roubles. giving the company a market capitalization of $55 billion
Read More »Iran Request China. Japan`s Aid in Rescuing Sanchi Crew
The Sanchi was carrying 136.000 tons of condensate. worth some $60 million. and bound for the Republic of Korea.
Read More »Al-Mazrouei: OPEC Deal could Extend Beyond 2018
The OPEC Russia deal for crude oil production cuts could extend beyond 2018.
Read More »Angola to Unpeg its Currency from the U.S. Dollar
Angola showed the biggest year-on-year increase in OPEC deliveries to China in 2017.
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