Renewable Energy Jobs Top 10 Million Globally
Oil, natural gas, and coal may still be the dominant fuel sources in the world’s energy mix, but renewable energy is growing and creating more and more jobs worldwide. In Continue Reading
IEA: Return Of Iran Sanctions Could Impact Oil Market Balance
The restoration of sanctions on Iran—the world’s fifth-largest oil exporter—may have implications for the market balance, the International Energy Agency (IEA) said in a statement on Wednesday, adding that it Continue Reading
Who Was Buying Iranian Oil And What Happens Next?
With Trump having started the 6 month process of pulling out from the Iranian nuclear deal (or rather as Steven Mnuchin admitted, Trump’s true intention is merely renegotiating the existing Continue Reading
How The World’s Oil Powers Will Seize The Iran Deal
Despite President Trump’s clear signals over the last month, his decision to leave the JCPOA nuclear deal has still managed to shock the market. It appears that the market, and Continue Reading
Did Trump Just Kill The OPEC Deal?
As has been widely discussed in the aftermath of President Trump’s decision to withdraw from the Iran nuclear deal, the return of sanctions on Iran could disrupt oil shipments, with Continue Reading
Saudi Arabia will not act alone to plug Iran oil gap
Saudi Arabia will not act unilaterally to increase oil supplies following renewed US sanctions on Iran’s energy industry, a Gulf source familiar with Riyadh’s thinking said, with any rise in Continue Reading
U.S. Pullout From Nuclear Deal Energizes Iranian Foes of Foreign Influence
President Donald Trump’s decision to withdraw from the nuclear deal with Iran dealt a political blow to Iranian President Hassan Rouhani, who faces a challenge from hard-line opponents who never Continue Reading
Saudi Arabia will not act alone to fill any Iran oil shortfall: OPEC source
Saudi Arabia is monitoring the impact of the U.S. withdrawal from the Iran nuclear deal on oil supplies and is ready to offset any shortage but it will not act Continue Reading
OPEC to discuss possible shortfall in crude supplies: Iraqi oil minister
Iraqi Oil Minister Jabar al-Luaibi said on Wednesday that OPEC will discuss a possible shortfall in global crude oil supplies following U.S. President Donald Trump’s decision to withdraw from the Continue Reading
Iraq lifts oil output at Eni’s Zubair field: oil official
Iraq has lifted oil production at Eni’s Zubair field in the south by 50,000 barrels per day (bpd) to 475,000 bpd, an Iraqi oil official said on Wednesday. Production rose Continue Reading