This represents 7% growth on the 9.58 GW-AC that the EIA estimates will come online by the end of this year.
Read More »ExxonMobil will Support $2bn Permian Highway Pipeline Project in US
The Permian Highway Pipeline will provide additional capacity for reliable transportation of natural gas to the U.S. Gulf Coast.
Read More »IEA: Easing Oil Supply Concerns may Only be Temporary
A rise in crude prices triggered by supply uncertainties could dampen demand for oil.
Read More »IEA Predicts Oil Demand Rebound in 4Q18
The two leading non-OECD oil markets. China and India. both remain on course to grow solidly this year.
Read More »$90 Oil Is a Very Real Possibility
U.S. sanctions on Iran could push oil prices up to $90 per barrel later this year.
Read More »Putin Orders Phasing Out Crude Oil Export Duty By 2024
Currently. oil product exports are taxed on the basis of a percentage of the crude oil export duty. which is tied to the price of oil.
Read More »US Does not Impose Sanctions on Venezuela`s Oil
The word out of Washington is that the United States is no longer looking at sanctioning Venezuela’s oil industry.
Read More »Russia`s Oil Production Growth at Risk by U.S. Sanctions
Russia exports up to 500.000 b d of oil. products to the U.S.
Read More »Oil Price Rises ahead of US Sanctions against Iran
Many countries. including US allies in Europe as well as China and India oppose the introduction of new sanctions.
Read More »Aramco IPO Abandonment Undermine Saudi`s Commitment to Economic Reforms
Cancellation of Aramco IPO may lead to international investors questioning Saudi Arabia'.s commitment to reforms.
Read More »