President Donald Trump lashed out at OPEC with a warning to stop manipulating oil markets and piled pressure on U.S. ally Saudi Arabia to raise supplies to compensate for lower Continue Reading
The administration of President Donald Trump wants to help allies replicate the U.S. natural gas and oil production boom by exporting American know-how, U.S. Energy Secretary Rick Perry said on Continue Reading
Oil major Royal Dutch Shell has exited the Majnoon oilfield and handed over all its operations to the state-run Basra Oil Co., two Iraqi oil officials close to the deal Continue Reading
TOKYO/SEOUL (Reuters) – Japan and South Korea, two major buyers of Iranian oil, are in talks with the U.S. government in a bid to avoid adverse impacts from Washington’s reimposition Continue Reading
When General Electric Co bought oilfield services giant Baker Hughes last July, it created a global industry colossus with $22 billion in annual revenue. GE promised to digitalize oilfields worldwide, Continue Reading
The International Energy Agency on Tuesday published its latest medium-term gas outlook containing forecasts for gas supply and demand to 2023. Global gas demand to reach 4.1 Tcm by 2023 Continue Reading
Given their significance for the vital functions of industrial societies and their potential for climate change, future developments in fossil fuel production ( petrol, natural gas, coal ), will have Continue Reading
The world’s biggest oil and gas players are gathering for a summit in Washington D.C. this week that will be overshadowed by the specter of shifting trade patterns due to Continue Reading
(Bloomberg) — The shutdown of a key oil-sands facility in Canada is flipping the global oil market on its head and slamming shares of producers that depend on the plant. Continue Reading
The El Gezira and El Managil Agricultural Scheme has warned of the failure of planting sorghum, groundnut and cotton in the current agricultural season because of the increasing prices of Continue Reading
