Power Crisis Looms In Tajikistan
When the first snow fell in late November in Tajikistan, it caught many by surprise, including the country’s power providers. The last two years have accustomed Tajiks to unusually short Continue Reading
Iran sees foreign investors flocking to energy sector
Iran is drawing in more foreign investors eager to renew work in the energy sector because of the low cost of doing business, a corporate director said. The National Iranian Continue Reading
Mexico: Gasoline Prices Expected To Rise By As Much As 20 Percent In January
Gasoline prices in Mexico will rise by as much as 20 percent at the start of January, the country’s Finance Ministry said Dec. 27, Reuters reported. The price increase was Continue Reading
Cuba says economy shrank this year in tandem with Venezuela crisis
Containers are seen at the Mariel port in Artemisa province, Cuba January 5, 2016. Cuba’s economy shrank 0.9 percent this year in tandem with the crisis in its key trading Continue Reading
U.S. refiners cash in on Mexico’s record fuel imports
U.S. Gulf Coast refiners are cashing in on rising fuel demand from Mexico, shipping record volumes to a southern neighbor that has failed to expand its refining network to supply Continue Reading
Venezuela says to cut 95,000 bpd crude output in OPEC deal
Venezuela said on Tuesday it will cut 95,000 barrels-per-day of oil production in the New Year in fulfillment of a producers’ deal to reduce global output and strengthen prices. Jan. Continue Reading
China Nov industry profits grow well, but chance to sustain gains clouded
China’s industrial sector showed the strongest profit growth in three months in November, suggesting the world’s second-largest economy was improving, though policymakers noted gains were too dependent on rebounding prices Continue Reading
Mexico Gasoline Prices to Surge by the Most in Two Decades
Mexico will raise gasoline prices by as much as 20 percent in January, stoking inflation that’s already running at the fastest pace in almost two years. A month after the Continue Reading
Shale Specter Haunts OPEC as Oil Seen Rallying Into 2017
After pulling off the biggest oil-market deal in a decade, OPEC faces a new balancing act in 2017: boosting prices without igniting shale. The first shale boom spurred a global Continue Reading
Trudeau’s Energy Boss Turns to Electricity After Oil Decisions
It was a tumultuous autumn for Jim Carr. Canada’s pipeline point man was a key player in decisions by Prime Minister Justin Trudeau’s government to approve a major liquefied natural Continue Reading