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Such a move is part of the company’s strategy to reduce reliance on oil and cut emissions.
Read More »Deal for First EV Pilot Signed in Saudi Arabia
PetroChina’s Biggest Refinery Increase Russian Pipeline Crude Oil
China’s crude oil imports from Russia rose by 11 percent on the year in November.
Read More »Europe Becomes Victim of Russia’s Newest Oil Strategy
This soaring demand has already created shortages in parts of the country.
Read More »Iraq Rectifies Saudi Crude Supply Gap in China
Russia comfortably remained China'.s top crude supplier in November.
Read More »2018 Could See the OPEC Deal Collapse
Russian officials voiced some skepticism in the lead-up to the most recent extension.
Read More »Tesla Largely Responsible for Slide in US Home Solar Sales
After years of double-digit growth. home solar installations in the United States are poised to fall for the first time this year. according to a report released on Thursday by GTM Research.
Read More »Shale Drillers Say Higher Oil Prices won`t Spur Rush
Higher oil prices can bring in more cash to the balance sheet.
Read More »As OPEC Extends Output Cuts. Asia Turns to North America for more Oil
The U.S.-Asia route is at least twice as long as that from the Middle East to the main Asian trading hubs in China. Japan. South Korea. Taiwan and Singapore.
Read More »Vienna Is the Ultimate OPEC Smokescreen
Last week. news emerged about preliminary plans to build a $20 billion complex to convert crude oil to chemicals.
Read More »2 Gulf Oil Ministers Mum on Issue of Oil Production Cuts
Both OPEC and non-OPEC members are expected to continue the cuts into 2018 to help keep prices rallying.
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