Iran had demanded OPEC reject calls from U.S. President Donald Trump for an increase in oil supply.
Read More »Siemens to Supply Three Large Gas Turbines to Dubai
The commercial commissioning of the three gas turbine trains is scheduled for spring 2020.
Read More »US could ask Russia to Boost Production as Washington Prepares to Sanction Iran
Russian Energy Minister Novak is on his way to Washington to attend the World Gas Conference.
Read More »Amin Naser Promise to Meet Oil Demand after OPEC Strikes a Deal
Nasser said oil demand is rising by 1.5 million to 1.7 million barrels a day and will be ``healthy`` next year.
Read More »Oil Falls despite OPEC`s Output Rise. Markets Remain Tight
In the United States. U.S. energy companies last week cut one oil rig. the first reduction in 12 weeks.
Read More »America First vs. Energy Dominance
A trade war is not good for the U.S. oil and gas sector.
Read More »Novak Says a Crude Output Deal for 2019 is already Being Planned
Russia plans to increase its output by 200.000 barrels per day as part of Saturday’s deal.
Read More »World Sees Little Extra Oil if OPEC. Partners Stick to Deal
Iran had demanded OPEC reject calls from U.S. President Donald Trump for an increase in oil supply.
Read More »India and China Set To Form ‘Oil Buyers Club’
India is concerned that the rallying oil prices are hurting its economy.
Read More »Saudi Arabia Invites Russia to Join OPEC as Observer
The idea to bump output has been advocated by Saudi Arabia and Russia.
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