Global leaders say they want decisive action on tackling climate change at a crunch UN summit this year. The behind-the-scenes arguing among Group of Seven delegates — when progress was Continue Reading
Despite $70 oil, U.S. shale producers are not expected to significantly raise crude production this year as they continue to be focused on disciplined capital expenditures and returning more cash Continue Reading
Shale outlook discussed at Tuesday OPEC technical meeting U.S. output growth seen at about 200,000 bpd in 2021 Capital discipline remains focus for shale companies, OPEC told OPEC meets to Continue Reading
Hardline judge Ebrahim Raisi leads Iran’s presidential election, an interior ministry official said on Saturday, a day after millions of Iranians voted in a contest that critics boycotted over economic Continue Reading
Ultraconservative cleric Ebrahim Raisi swept to a landslide win in Iran’s presidential election, potentially setting the oil-rich country on a more hostile course toward the West as world powers attempt Continue Reading
Ebrahim Raisi, a conservative cleric and judiciary chief, has won Iran’s presidential election, in a landslide victory that will give regime hardliners full control over all branches of the state Continue Reading
U.S.-based EIG Global Energy Partners said on Friday a consortium it led has closed a deal to buy 49% of Saudi oil producer Aramco’s pipelines business for $12.4 billion. EIG Continue Reading
Nigeria’s Egbin Power Plc, the biggest in Africa’s most populous nation, plans to raise $1.8 billion to more than double generation capacity as it seeks to boost output and export Continue Reading
Employees monitor the production of line for vials of Covishield at the Serum Institute’s Hadaspar plant in Pune, Maharashtra in January. India will hold off on exports of coronavirus vaccines Continue Reading
Venezuela’s Nicolas Maduro has been waiting for the Biden Administration to negotiate a deal that would bring relief to the U.S. sanctions on the country holding the world’s largest oil Continue Reading
