The U.S. is ready to help Europe to diversify its energy supply.
Read More »GE Fights for Survival
GE'.s new management team is following a long tradition of corporations in trouble and short of cash.
Read More »Goldman Sachs Predicts Oil Supply Crunch Looming
The oil market could tip into a shortage in the 2020s because nobody is allowed to fully invest in future oil production.
Read More »Saudis Study Potential OPEC Collapse
Demand for oil will one day peak and Saudi Arabia needs to prepare for that day.
Read More »OPEC`s Fear of Another Downturn In Oil
EIA predicts that U.S. production will increase to 12 million barrels per day in the second quarter of 2019.
Read More »Weatherford Mulls Manufacturing Expansion in the Middle East
Weatherford posted a net loss of $199 million (Dh730.8m) for the third quarter year-on-year.
Read More »OPEC Output Cuts Likely Next Year
Oil prices have come under downward pressure from rising supplies.
Read More »Oil Decrease as Rising U.S. Production Outweighs Talk of OPEC Output Cuts
OPEC and Russia may use cuts to support $70 per barrel.
Read More »Poland Signs Deal with US to Reduce Dependence on Russia
According to the deal. PGNiG will receive US liquefied natural gas. challenging the Russian supplier Gazprom.
Read More »Exxon Is Big Enough to Take on Any Deal
Exxon still sees a bright future for the oil industry. with 2.5 billion people set to enter the middle class in the next 20 years.
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