The king of Saudi Arabia, the world’s largest oil exporter, met Venezuela’s president on Sunday in Riyadh and discussed ways to stabilize global oil prices, state news SPA reported. King Continue Reading
Iran hopes non-OPEC Russia and OPEC heavyweight Saudi Arabia can agree to coordinate on possible actions on the global oil market, Iranian Oil Minister Bijan Zanganeh said on Sunday. “I Continue Reading
Country says it pumped 4.7 million barrels a day in September OPEC cuts shouldn’t be at Iraq’s expense: Minister Al-Luaibi OPEC’s second-largest producer threw an obstacle in the group’s path Continue Reading
A dispute between Iraq and Turkey has emerged as a dramatic geopolitical sideshow to the complicated military campaign to retake Mosul, Iraq’s second-largest city, from the Islamic State. President Recep Continue Reading
Oil Ministry pursues negotiations with IOCs on new oil projects – a warning shot at OPEC members seeking to impose quotas. An Iraqi worker adjusts a control valve at the Continue Reading
After posting double-digit growth in August, India’s oil products demand in September declined as widespead rains and regional unrest took toll on transport, but analysts expect a rebound in October Continue Reading
In the Tengger Desert, China — This desert, called the Tengger, lies on the southern edge of the massive Gobi Desert, not far from major cities like Beijing. The Tengger Continue Reading
The top shale basins in the U.S. could lose another 30,000 barrels per day in November, as a shortage of drilling fails to offset natural depletion. However, the decline is Continue Reading
A.G. investigating whether Exxon hid risks of climate change Schneiderman focuses on period during global price collapse Exxon Mobil Corp. is headed to a courtroom in New York for the Continue Reading
Their owners may be bankrupt, but the sprawling mines of Wyoming’s Powder River Basin are still churning out coal. It is the same story in oil fields along the Gulf Continue Reading
