Forecasters at these major oil organizations simply do not understand that we are in a new age of rapid technological advancement and innovation.
Read More »Iran`s Oil Clients still Bargaining for Oil Waivers
The demand for oil is much higher than its current level of production.
Read More »World’s Largest Oil Exporter Investment in US Shale Gas
This is a signal of Aramco’s intent to become a global gas player and develop a broad LNG portfolio.
Read More »India Likely to Resume Importing of Iranian Crude Products
It is easier to trade in domestic currency as India has the option to route payment through one of India'.s state-owned banks.
Read More »Global EV Outlook 2019 Launched at Clean Energy Ministerial
The report provides key insights on EV and charging infrastructure deployment. ownership cost. energy use. CO2 emissions and battery material demand.
Read More »Steep Decline in Nuclear Power Would Threaten Energy Security and Climate Goals
A new IEA report finds nuclear power capacity in advanced economies could fall sharply. making the global energy transition harder and more costly.
Read More »Iran. Uzbekistan Ready to Start Direct Flights Soon
A senior Iranian economic official announced negotiations with the Uzbek officials to launch direct flights between the two countries.
Read More »The Oil Market Is Expected to be in Balance towards the End of 2019
There is great anxiety in the market today mainly related to supply concerns.
Read More »Fiat Chrysler puts Merger Offer to Renault Board
Fiat Chrysler has made a transformative merger proposal to Renault. the Italian-American carmaker said. in a deal that would create a new third-ranked global manufacturer.
Read More »BC Has No Power To Regulate Crude Flowing Through Trans Mountain
The project has languished in pipeline purgatory as Canada’s federal government. BC. Alberta. indigenous groups. and environmentalists continue to wage war over the controversial project.
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