Half of all additions to China’s electricity generating capacity since 2013 have been renewables or nuclear.
Read More »Oil Markets ‘Need to Extend Output Cut Deal’
The UAE has not ceased oil investments since the onset of the price fall.
Read More »Wild Swings in Iraq Oil Production Give OPEC another Problem
Fighting over Kirkuk and other regional tensions contributed to the increase in prices.
Read More »Mitsubishi Completes Gas Turbine Testing
Mitsubishi Heavy Industries Group will integrate and expand the product and technology lineup of its energy and oil and gas business to meet market needs.
Read More »Russia Targets Strategic Chinese Energy Market
The two companies plan to cooperate in refining. petrochemicals and crude trading.
Read More »China Is the World’s Biggest Energy Market Mover
Leader in electricity consumption. leader in solar power and in future EV sales according to most observers.
Read More »South Pars Exports over 4m Barrels of Oil in 8 Months
Iran has been ramping up crude oil production to win back its market share since sanctions were lifted in January 2016 under a nuclear accord with P5+1.
Read More »Oil Markets in ‘Wait-and-See’ Mode Ahead of OPEC Meeting
Baker Hughes reported on Friday that the number of U.S. rigs drilling for oil was unchanged at 738. having risen by nine the previous week.
Read More »Russia to Waver on Length of OPEC Output Cuts Extension
OPEC and allied oil producers should extend their production cuts beyond March to help rebalance the market.
Read More »Russia and OPEC on Collision Course over Oil Supply Pact
OPEC and Russia are likely to apply a supply curb deal beyond its March 2018 expiry.
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