Tag Archives: North America

ExxonMobil just lost a critical climate change battle even as the fate of the Paris accord remains in serious doubt.

For all OPEC members. $55 [per barrel] and a maximum of $60 is the goal at this stage.

The pain for OPEC will increase to such a point that 100% compliance is unrealistic.

The project will have double the capacity of Desert Sunlight Solar Farm in California.

Trading was light after Thursday'.s heavy sell-off and ahead of the long weekend break in the United States and Britain.

The SPR sales would not start until October 2018 and would amount to just 95.000 bpd. or 1 percent of current U.S. output.

Saudi Arabia is pushing to extend the cuts by a further nine months until next March.

The pilot production was carried out in the Shenhu Area of Northern South China Sea.

OPEC has been urging other producers to join the supply pact.

Iraq is with the continuation of a reduction of oil production of OPEC nations and we will push in that direction.