Russia and Saudi Arabia have agreed to extend their oil partnership indefinitely, with the agreement stipulating that they could move to regulate oil production at any moment, TASS reports, quoting Continue Reading
There are indications that international oil market is haunted by low demand as unsold Nigerian stocks have been estimated at between 20 and 34 million barrels. A market survey by Continue Reading
OPEC could add a new member at its meeting on Friday, with the Republic of Congo seeking to join the producer group. Congo, which produces about 250,000-300,000 b/d, would become Continue Reading
U.S. President Donald Trump threatened to impose a 10 percent tariff on $200 billion of Chinese goods and Beijing warned it would retaliate, in a rapid escalation of the trade Continue Reading
President Donald Trump has ordered his administration officials to draft plans for tariffs on a further $200bn in Chinese imports if Beijing does not abandon its intention to retaliate against Continue Reading
ExxonMobil plans to develop a project to import liquefied natural gas (LNG) on Australia’s east coast that has been suffering from gas shortages lately. The U.S. supermajor is planning for Continue Reading
“It appears that the Western public, both relatively ‘educated’ and thoroughly ignorant, could, after some persuasion, agree on certain very basic facts – for instance that Russia has historically been Continue Reading
Without improvements to port facilities, the U.S. crude oil market could find itself increasingly landlocked, a market analyst said. The Organization of Petroleum Exporting Countries in their monthly market report, Continue Reading
Rechargeable lithium-ion batteries have one big problem that researchers are dedicating a lot of time to: their cathodes. Now, a team from the University of Maryland, the Brookhaven National Laboratory, Continue Reading
Major U.S. energy companies including Plains All American Pipeline ( PAA.N ), Hess Corp ( HES.N ) and Kinder Morgan Inc ( KMI.N ) are among many seeking exemptions from Continue Reading
