EU negotiators informally agreed on a non-binding 32.5% energy efficiency target for 2030, with a 2023 upward review clause late Tuesday, effectively closing debate on a key part of the Continue Reading
Goldman Sachs on Monday forecast a tighter oil market for longer amid strong demand growth and the likelihood that rising supply disruptions could counter any increase in OPEC production. “Our Continue Reading
China’s imports of Venezuelan crude oil could sink to their lowest in nearly eight years in July as the OPEC producer struggles with shrinking output and mounting logistics issues, according Continue Reading
Saying that current oil prices were not supported by market fundamentals, Indian oil minister Dharmendra Pradhan on Thursday called for “responsible pricing, one that balances the interests of both the Continue Reading
Mobile tech supplements – but does not replace – water management processes used in waterflood enhanced oil recovery. Although proportions vary and worldwide data are incomplete, water makes up a Continue Reading
OPEC, Russia and its allies may consider a range of proposals to increase crude oil output which could be by as much as 1.8 million b/d, according to a source Continue Reading
Production growth from the Permian shale in the southern United States will be equivalent to adding another Kuwait to the market. File Photo by Gary C. Caskey/UPI June 13 (UPI) Continue Reading
OPEC said the oil market outlook in the second half of 2018 is highly uncertain even though the producer group’s figures show a global glut has ended, suggesting talks next Continue Reading
Roll up, roll up and invest in Mexico — just not in the oil sector. That is the message from the man picked by Andrés Manuel López Obrador, the frontrunner Continue Reading
PARIS (Reuters) – Oil and gas major Total said on Tuesday that 3.5 percent of its petrol stations in France had run out of fuel on the second day of Continue Reading
