The latest mission by OPEC and its partners to contain a crude oil glut is entering its most critical phase. Saudi Arabia, Russia and other major crude exporters have struggled Continue Reading
A multination project to build a fusion reactor cleared a milestone yesterday and is now 6 ½ years away from “First Plasma,” officials announced. Yesterday, dignitaries attended a components handover Continue Reading
Oil prices edged higher on Thursday amid Middle East tensions and a big fall in weekly U.S. crude stocks, but gains were stemmed by a frail demand outlook amid increasing Continue Reading
New solar photovoltaic (PV) installations are set to reach a record high this year, driven by improving markets in Europe and the United States and fast growth in India and Continue Reading
When Saudi Aramco was on the verge of a deal last year to buy a stake in an Indian oil refinery, its boss quickly boarded a company jet in Paris Continue Reading
Another slice of Venezuela’s oil production is at risk, and it is very much at the mercy of the U.S. government. When the Trump administration announced sanctions on Venezuelan oil Continue Reading
Mexico’s new government came into power with promises to turn around the country’s oil industry and boost production after, it said, the previous government failed. Despite these promises and the Continue Reading
Venezuela’s state-owned oil company PDVSA plans to indefinitely halt the production of upgraded Orinoco Belt synthetic crudes in August, and instead is converting its upgraders to blending facilities for the Continue Reading
US Secretary of the Treasury Steven Mnuchin and Trade Representative Robert Lighthizer will resume trade talks in Shanghai on July 30, with a focus on agriculture, the trade deficit and Continue Reading
Peak oil demand might be delayed as the U.S. and China scale back support for fuel efficiency and electric vehicles. Once thought of as far off into the future, forecasts Continue Reading
