Electricity consumption has gone up in Iraq since the 2003 US-led invasion that toppled Saddam.
Read More »Putin Invites Trump to Moscow for “Important“ Talk
Putin praised Trump for what he called ".his eagerness to meet all his promises he made to voters during his election campaign.".
Read More »Gazprom Borrows Pension Money to Pay Off Debt
Gazprom planned to borrow 417 billion rubles. one third of the amount needed for the construction (1.2 trillion rubles).
Read More »US and Europe Reach Trade Cease Fire
Juncker was dispatched to Washington this week along with other European officials as part of a last-ditch effort to halt those tariffs.
Read More »Dark Storm Hanging over the Oil Industry
Shell and BP predict oil consumption may flat line in the mid-2030s.
Read More »BP. Eni and Shell are Best-In-Class amongst the Majors
Looking to build on recent success. BP. Eni and Shell have all been aggressively approving greenfield projects during the downturn.
Read More »An OPEC-Free World
As Saudi Arabia raised its production. the number of rigs drilling for oil in the US fell by 80%.
Read More »US Oil Companies Ask Congress Not to Ramp Up Russia Sanctions
Opponents claim sanctions unfairly penalize US firms while allowing their foreign rivals such as Royal Dutch Shell and BP to operate in Russia.
Read More »Egypt Rise Natural Gas Prices in IMF-Backed Austerity Plan
In recent months. Egypt introduced its latest wave of price hikes for fuel. drinking water and electricity.
Read More »President: US Should Know War with Iran Is Mother of All Wars
The Iranian president has warned the United States. stating that peace with Iran would be crucial for Washington'.s policies.
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