U.S. federal subsidies for renewable energy, which includes biofuels as well as renewable electricity generation, has declined by 56 percent since 2013, dipping to $6.7 billion in 2016. – Renewable Continue Reading
Oil prices slid more than 1 percent on Tuesday as the dollar remained near a four-month high, but worries that U.S. President Donald Trump will pull out of the Iran Continue Reading
With oil prices already down on the day, the American Petroleum Institute (API) reported a large build of 3.427 million barrels of United States crude oil inventories for the week Continue Reading
The first quarter of 2018 was the best one in years for the oil majors. Still, despite huge profits, the largest oil companies are moving forward cautiously, keeping spending in Continue Reading
Sudan’s Prime Minister Bakri Hassan Saleh in Khartoum, Sudan March 2, 2017. (Reuters) In a rare admission, Sudan’s prime minister acknowledged his country’s crisis of foreign exchange shortages and economic Continue Reading
If Iranian oil and gas resources were flowing more extensively through the global market, it wouldn’t be the target of Western ire, an Iranian director said. Iranian Oil Minister Bijan Continue Reading
Iran’s crude oil exports reached a record 2.617 million bpd in April, according to its oil ministry’s news service Shana—the highest level since Iran signed the nuclear deal with global Continue Reading
When Iran’s deputy oil minister toured the hulking steel facility that is the Islamic republic’s largest oil refinery, he was delivering a deliberately defiant message: even if Donald Trump reimposes Continue Reading
An international independent audit of the oil reserves of Saudi Aramco has more than confirmed the official figures released by Riyadh for three decades , putting the number at 270 Continue Reading
When Major General Manuel Quevedo became head of Venezuela’s oil industry last November, the former housing minister and national guard chief promised to boost oil output by a million barrels Continue Reading
