Libya pumped 1.283 million b/d of crude in March, the North African producer revealed to OPEC in the producer group’s latest monthly oil market report. Crude production in March rose Continue Reading
Iran’s move to enrich uranium up to 60% purity is a response to the sabotage at its key nuclear facility, President Hassan Rouhani said on Wednesday, adding the Islamic Republic Continue Reading
India on Tuesday said it will fast-track emergency approvals for COVID-19 vaccines authorised by Western countries and Japan, paving the way for possible imports of Pfizer, Johnson & Johnson, and Continue Reading
India’s new coronavirus infections reached a record on Wednesday, as crowds of pilgrims gathered for a religious festival despite oxygen shortages at some hospitals and strict coronavirus curbs in other Continue Reading
Conservative candidate Guillermo Lasso, 65, won the presidential election in South American oil producer Ecuador, and said he would propose new oil deals to private oil companies. Lasso won the Continue Reading
Ecuador’s beaten-down petroleum industry has been struggling to recover from a savage 2020 where pipeline failures, the COVID-19 pandemic, corruption scandals , and heightened political uncertainty sharply impacted operations. There Continue Reading
In a bid to reduce refining overcapacity, China is stepping up pressure on independent refiners to uproot illegal tax practices and check if outdated facilities have been closed as required, Continue Reading
The Texas grid operator is warning of tight power supplies as a cold front moving through the state is limiting wind and solar production while generating units are down for Continue Reading
The United States is back in the Paris climate accord, but the depth of its commitment will become clear only in the next two weeks, when President Joe Biden unveils Continue Reading
As many as 375 local and state elected officials are calling on the Biden Administration to institute a ban on new oil and gas drilling permits on federal lands and Continue Reading
