The key uncertainty facing the oil market now is OPEC+ supply from April.
Read More »Reaping Wind at Sea could Become $1 Trillion Industry
Power generated from wind turbines at sea only accounts for 0.3% of global electricity generation today.
Read More »Japan Refiners Tap more Oil from Middle East to Replace Iran Supply
Iranian oil accounted for about five percent of Cosmo'.s total procurement.
Read More »OPEC Output Falls most in 2 Years as Saudi Cuts Begin
The Saudis curtailed production by 420.000 barrels a day to 10.65 million last month.
Read More »Mitsui. Saudi Aramco. RDIF to Buy Stakes in Arctic LNG 2
Japan is the world’s top LNG consumer. with Russia among its key LNG suppliers.
Read More »Tokyo protests Beijing’s New Activities in East China Sea Gas Field
Japan protested through diplomatic channels immediately after confirming China’s latest activities.
Read More »Japan. South Korea to Resume Iran Oil Imports from January
It takes about 25 days for oil shipments from Iran to arrive at South Korea.
Read More »Sechin Rebukes Venezuela Oil Shipments
Venesuela'.s oil production has fallen to just 1.17 million barrels-per-day. a 37 percent drop in the last year.
Read More »U.S. Tries to Oppose China with PNG Electricity Grid
The United States has been increasingly critical of China-backed infrastructure projects.
Read More »Global Oil Supply Growing. Sending Prices Lower
lower prices are clearly a benefit to consumers.
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