The pain for OPEC will increase to such a point that 100% compliance is unrealistic.
Read More »Noor Abu Dhabi. World`s Largest Solar Power Plant
The project will have double the capacity of Desert Sunlight Solar Farm in California.
Read More »Oil Price Rises but Ends Week Lower
Trading was light after Thursday'.s heavy sell-off and ahead of the long weekend break in the United States and Britain.
Read More »Turkmenistan Might Join OPEC Oil Output Cuts
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.
Read More »Saudi Oil Minister Visits Iraq to Discuss Extension to Output Cuts
Saudi Arabia is pushing to extend the cuts by a further nine months until next March.
Read More »China Successfully Tests Marine Natural Gas Hydrates
The pilot production was carried out in the Shenhu Area of Northern South China Sea.
Read More »Extending Oil Cuts. Adding Small Producers Enough to Drain Stocks
OPEC has been urging other producers to join the supply pact.
Read More »Iraq in favor of Extending any OPEC-Led Oil Output Cut
Iraq is with the continuation of a reduction of oil production of OPEC nations and we will push in that direction.
Read More »IEA: Global Oil Market Rebalancing Speeds Up
Global oil supply fell by 140.000 bpd in April to 96.17 million bpd.
Read More »Solar Mini-Grids Could Protect the U.S. From Terrorist Strikes
This process would protect against cyberattacks such as the those levied against Ukraine in December 2016.
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