OPEC’s Back to Old Days: Squabbling Over Output Boost
OPEC is back in a row mode after an untypical period of agreement. The new squabble is taking place …
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Market Update: The World’s Oil Output Rises Again
The oil prices have recently dropped after the United States increased its production level to the highest since March …
France’s Total Expands US Petrochemical Business
French energy company Total is going to construct petrochemical plants along the US Gulf Coast. Total said that it …
Canada Accelerates Works on Trans Mountain Expansion Project
Canada is going to proceed with investments in job creation thanks to the Trans Mountain Expansion Project that will …
Market Update: OPEC’s Oil Output Freeze Deal Compliance High
OPEC oil production dropped to 13-month low due to falling Venezuelan output, Nigerian outages and strong compliance with the …
US Venezuela Sanctions to Affect Global Oil Prices More Than Iran Deal Withdrawal
New US sanctions on Venezuela’s crude output are expected to have a more negative impact on the country’s production …
The Energy of Geopolitics: Iran Hopeful About Oil Exports Post US Nuclear Deal Withdrawal
Iran Oil Minister Bijan Zanganeh said that his country did not expect a drop in its oil exports if …
Energy Geopolitics: Poland Launches Legal Battle Against Gazprom
Poland has launched a legal battle against Russian energy giant Gazprom with the possible fines up to 10% of …
QIA and Glencore Abandon Plans to Sell 14% Stake of Rosneft to China’s CEFC
Mining company Glencore and Qatar are abandoning their plans to sell a $9 billion stake in Russian state oil …
Egypt Poised to Become Energy Hub: Billions Pledged for Its Oil & Gas Foreign Sector
Egypt is eyeing foreign investment in its oil and gas industries that could reach about $10 billion in the …