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Fast-rising production from non-OPEC counties. led by the US. is likely to outweigh demand according to the IEA document.
Read More »IEA: The United States could Become the World’s Largest Oil Producer
Putin: West Will `Tire` Of Sanctions Soon
The United States. the European Union. and others have imposed sanctions on Russia.
Read More »Pouyanne Urged Trump to Stick with Iran Nuclear Deal
Total reported higher profits last week. and announced plans for a $5 billion share buyback and a dividend increase.
Read More »US Largest LNG Exporter will Supply CNPC
CNPC has agreed to purchase about 1.2 million tonnes of US LNG per year.
Read More »Weaker Dollar Hurts OPEC Countries. Helps Shale
The weaker dollar boosts U.S. exports. supporting shale producers.
Read More »USA. Argentina may Impose Venezuela Sanctions
The governments were analysing the possible effects that these measures would have on Venezuelan citizens.
Read More »US-Mideast Oil Battle Heating Up
The fight between the US and the Middle East for a slice of the Asian oil market is heating up. with their rivalry now spilling over into refined fuels.
Read More »Chevron`s Big Profit
Chevron'.s downstream segment earned $1.3 billion for the quarter. up from $357 million in the year-ago quarter.
Read More »U.S. Considers Raising Sanctions on Venezuelan Oil to Pressure Maduro
Venezuela’s crude oil sales to the United States in 2017 were the lowest since 1991.
Read More »Exxon Believes Climate Change Poses Little Risk to Its Business
The industries that can deploy this technology at the lowest cost are oil and gas companies.
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