The Oil Price Rally Shows No Sign Of Stopping
OPEC+ is taking massive amounts of oil off the market, allowing crude prices to post yet another week of gains. Oil is set to close out another week of gains, Continue Reading
New Oil, Gas Project Approvals To Triple This Year: Rystad
The number of greenfield oil and gas projects to get their final investment decision could rise threefold on 2018, Norwegian energy consultancy Rystad Energy has forecast. Most of these will Continue Reading
BP’s ‘Peak Oil’ Demand Prediction Falls Flat
Always mandatory reading, BP just released its Energy Outlook 2019 . It has caused quite a stir again this year. But, this time the commotion that I see surrounds BP’s Continue Reading
Gail Tverberg: Have We Already Passed World Peak Oil and World Peak Coal?
General Ideas Most people expect that our signal of an impending reduction in world oil or coal production will be high prices. Looking at historical data (for example, this post Continue Reading
Saudi Arabia strikes $10 billion China deal, talks de-radicalisation with Xi
Saudi Crown Prince Mohammed bin Salman cemented a $10 billion deal for a refining and petrochemical complex in China on Friday, meeting Chinese President Xi Jinping who urged joint efforts Continue Reading
Kenya Reaffirms Commitment to Peaceful Resolution of Row With Somalia
The Kenyan government has warned that it will not cede an inch of its soil in the disputed maritime border with Somalia even as it affirmed that it is committed Continue Reading
Nigerian presidential candidates try to bolster election turnout
Nigeria’s two main presidential candidates urged the public to vote in a pivotal election on Saturday as they tried to avert a slump in turnout after a week-long delay to Continue Reading
Nigeria election 2019: Atiku Abubakar challenges Muhammadu Buhari
Nigerian president Muhammadu Buhari casts his vote at a polling station in Daura, Katsina State Nigerians are finally going to the polls for the country’s general election following a last-minute Continue Reading
Nigeria: Govt Wins Right to Prosecute JPMorgan Chase Over Oil Fraud
A High Court in London, headed by Justice Andrew Burrows, has granted Nigeria’s plea to allow it proceed with the trial of JPMorgan Chase. The bank is alleged to have Continue Reading
Shots Fired as Venezuela Opposition Faces Off With Maduro Near Border
Opposition figures are vague about their plans for Saturday but they appear to hope for a mass mobilization of Venezuelans on both sides of the border that will descend on Continue Reading