OPEC+ oil exporters have coordinated output for three years to balance the market and support prices.
Read More »OPEC`s Tough Competition in 2020
OPEC’s own outlook reflected a surplus of around 70.000 barrels per day (bpd) next year.
Read More »OPEC and Russia Likely to Extend Oil Production Cuts at Upcoming Meeting
There has been speculation that Russia may be unhappy with the production agreement. in part because its energy companies oppose it.
Read More »Oil Prices Slip despite Signs of Trade Hope
The Organization of the Petroleum Exporting Countries will meet on Dec. 5 and is expected to extend output cuts to the end of 2020.
Read More »OPEC`s Joint Technical Committee to meet on Dec. 3 in Vienna
The Organization of the Petroleum Exporting Countries meets on Dec. 5 at its headquarters in Vienna.
Read More »China Aims to Boost Revenue for Renewable Power Firms
In the first 10 months of this year. China generated 38.62 billion kilowatt-hours (kWh) electricity from solar and wind resources.
Read More »Gazprom`s Mysterious Buyer
Gazprom is dominating gas supplies to many European markets.
Read More »U.S.-China Trade Deal would Help Lift Dark Cloud over Oil
A deal will almost remove that dark cloud that had engulfed the global economy.
Read More »China`s Energy Sector CO2 Emissions still on Rise
China lowered the share of coal in its energy mix to 59% last year.
Read More »India will Invite Foreign Firms to Invest in State-Owned Oil Companies
International energy firms will be invited to participate in India’s privatization of state-owned oil companies.
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