Iranian lawmakers on Tuesday were not convinced by most of the answers given by President Hassan Rouhani to their questions about his administration’s performance over current hardship in the country’s Continue Reading
Chins is getting desperate about its demographic slide. One week after we reported that China floated a proposal to tax all working adults aged under 40 with the money going Continue Reading
Industry groups representing the energy sector were upbeat about improved U.S. trade relations with Mexico, but expressed concern about the lack of detail. Calling it the “United States-Mexico Trade Agreement,” Continue Reading
Investing $8 billion in Brazil’s waning offshore Campos Basin could boost its oil production by 230,000 barrels of oil equivalent per day (boepd) by 2025, consultancy Wood Mackenzie said in Continue Reading
Mexico’s incoming government is considering indefinitely suspending auctions for oil and gas projects, and giving state-owned Pemex authority to pick its own joint-venture partners rather than holding competitive tenders, according Continue Reading
The U.S. Commerce Department recently granted a tariff exemption to oil major Chevron for its imports of 4.5-inch Japanese steel tubes for oil exploration. But the department rejected a similar Continue Reading
Oil companies looking for the next big find are wading into the Powder River Basin of Wyoming, where pipelines are not congested and land is cheaper than in Texas’ Permian Continue Reading
A bill that requires a regular review of California’s electric vehicle infrastructure is a step toward a clean-energy economy, a trade group said. By a unanimous vote, California lawmakers approved Continue Reading
The United States is currently waging economic warfare against one tenth of the world’s countries with cumulative population of nearly 2 billion people and combined gross domestic product (GDP) of Continue Reading
The fracking revolution in the U.S. has considerably changed the global oil market and the strategic calculations of market participants. The initial entry of shale oil producers caused a crash Continue Reading
