A technology quango is looking to push the boundaries of what kind of Scottish weather that wave energy devices can survive by funding 13 innovative projects.
Read More »IEA Sees Risk of Volatile Oil Prices on Weak Upstream Investment
There are still not enough signs of investment beginning to return. and that raises the risk of tightening of the market in the next five years and a risk to the stability of oil prices.
Read More »Tillerson: Imposing Oil Embargo on North Korea Will Be `Very Difficult`
The United States will continue to urge all countries on the UN Security Council to fully comply with sanctions and resolutions with respect to North Korea.
Read More »Increase in South Korea’s Imports of Iran Oil by 40 Percent in August
South Korea. one of Iran'.s major Asian clients. mainly purchases an ultra-light oil. also known as condensate. from Iran.
Read More »EU Drafts Tough Conditions for Russia Pipeline
The EU imports most of its Russian gas via Ukraine Slovakia. Germany (the Nord Stream 1 pipeline). and Belarus Poland.
Read More »China Cracks Down Oil Smuggling Network
Smuggling is causing major headaches right now with regard to the fresh round of sanctions the UN imposed on North Korea.
Read More »Why Aramco Delayed Its IPO?
Without MBS as captain of the Vision 2030. there will be no Vision 2030.
Read More »Why Aramco Delayed Its IPO?
Without MBS as captain of the Vision 2030. there will be no Vision 2030.
Read More »New LNG Export Projects ‘Could Lead to Supply Overcapacity’
The sustained growth in demand is not expected to result in surging prices as forecast for LNG supply is higher until 2024.
Read More »Shell to Invest $2 Billion Per Year in Brazil Through 2020
On average. the oil company produced 325.000 barrels of oil equivalent per day (boepd) in the first quarter.
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