Why Natural Gas Prices Will Rise This Summer
The gas market saw a jolt at the end of December and in early January due to extremely cold temperatures across much of the U.S. This winter was about 13 Continue Reading
Can Israel Compete In The Natural Gas Race?
Israel is a nation that has built its economy on downstream industries, being traditionally bare of natural resources and primary materials. Now, thanks to offshore discoveries of massive natural gas Continue Reading
Saudi Crown Prince Looks To Build The Largest Oil Cartel In History
OPEC and Russia are looking to solidify their cooperation on crude oil production for another decade or two, Saudi Crown Prince Mohammed bin Salman told Reuters in an interview while Continue Reading
Softbank to Build World’s Biggest Solar Park in Saudi Arabia
Venture may cost $200 billion, add 100,000 jobs in the kingdom Plan envisions 200GW of solar capacity in Saudi Arabia by 2030 Saudi Arabia and SoftBank Group Corp. signed a Continue Reading
Saudis, SoftBank Group Announce World’s Largest Solar Power Project
Saudi Arabia’s sovereign-wealth fund and Japan’s SoftBank GroupCorp. 9984 -3.75% announced plans to launch the world’s biggest solar-power-generation project, providing another ambitious goal for two of the world’s richest investors. The development would start Continue Reading
Nigeria: Adeosun Calls Crucial Meetings As Low NNPC Revenue Stalls Allocation to States, Others
Representatives of the 36 states and the Federal Capital Territory, Abuja returned home on Tuesday disappointed as the Federation Accounts Allocation Committee (FAAC) meeting ended in confusion in Abuja amid Continue Reading
Nigeria: ‘Independent Oil Producers Record 100% Increase in Crude Output’
Crude oil output from independent and sole risks producers have increased by over 100 per cent from 2.388 million barrels recorded in May 2017 to 7.487 million barrels in June, Continue Reading
India’s Reliance Sells Texas Shale Assets For $100MM
Reliance Industries Ltd said on Tuesday its unit would sell some of its shale assets in the United States to privately held Sundance Energy Inc for $100 million, as the Continue Reading
Exclusive: OPEC, Russia consider 10- to 20-year oil alliance – Saudi Crown Prince
Saudi Arabia and Russia are working on a historic long-term pact that could extend controls over world crude supplies by major exporters for many years. Saudi Arabia’s Crown Prince Mohammed Continue Reading
Thousands of Jobs At Risk As Nigerian Oil Industry Crumbles
Thousands of oil workers in Nigeria may lose their jobs after a wave of picketing against several service companies from the industry from members of the Petroleum and Natural Gas Continue Reading