The world’s most prominent energy forecaster will raise its outlook for wind and solar installations following a decade of underestimating growth in the renewables industry. The International Energy Agency, which Continue Reading
Offshore drilling platform by night In sticking with our recent $42-$50 forecast for WTI we underestimated the ability of OPEC + Russia to talk the market up while behaving bearishly. Continue Reading
Information about Saudi Aramco IPO advisors to be released soon Saudi Aramco plans to sell shares in its entire business, the company’s CEO Amin Nasser said. When the IPO was Continue Reading
The first batch of crude oil from the giant Kashagan oil field off the coast of Kazakhstan has been processed and is destined for exports, an operator said. “North Caspian Continue Reading
The African continent has some of the world’s fastest-growing economies, but some are seeing hard times because they rely on crude oil. Since the crude oil price has now dipped Continue Reading
Inflation rate rose to 17.9% from 17.6% the previous month Interest rates kept at nine-year high of 14% in October Nigerian inflation accelerated for the 11th consecutive month in September Continue Reading
Italian energy company Eni said it was one step closer to its goal of pulling more oil from Angola with the pending launch of an offshore production facility. Eni said Continue Reading
Trade firms that profited from the renaissance in global refining over the past two years are bracing for tougher times as ample stocks, dwindling volatility and newly powerful refineries in Continue Reading
Deal would create China’s third-largest refiner by capacity Plan would be latest attempt to reform state-owned enterprises A merger of Sinochem Group and China National Chemical Corp. would create a Continue Reading
As China wants to reduce the number of its state-held firms, the government plans to merge chemical groups Sinochem and ChemChina to create a global oil and chemicals giant worth Continue Reading
