Analysis: Quit Reforms of China’s Oil Sector
In recent months, China has quietly embarked on reforms to continually change its energy sector, including some steps to …
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EU Parliament Demands a Halt of Nord Stream Project
The European Parliament criticized on Monday (9 May) the planned Nord Stream 2 gas pipeline project, leading from Russia …
Geopolitics of Oil: Saudi Arabia Appoints a New Energy Minister
Saudi Arabia on Saturday (7 May) appointed a new energy minister, replacing Ali al-Naimi, who held the post since …
Iran to Finally Introduce a New Oil Investment Deal
Iran’s Deputy Oil Minister, Rokneddin Javadi, said yesterday (5 May) on the state TV that a new oil investment …
IEA’s Chief Says Oil Prices Depend on Global Growth
The head of the International Energy Agency (IEA), Fatih Birol, said on Sunday (1 May) that crude prices may …
Saudi Aramco Plans Expansion to Become a “Global Industrial Conglomerate”
Saudi Arabia’s energy company, Aramco, the world’s biggest oil company, presented its plans to support its expansions into new …
Oil Prices Slump on Looming Saudi Arabia-Iran Production Race
Oil prices have plunged again following analysts’ warnings of a looming production race between Saudi Arabia and Iran. The …
Norway’s Arctic on Rise despite Challenging Oil Market Conditions
The Norwegian Arctic is making a surprising comeback on the world’s oil market as many energy companies are cutting …
Kuwait to Boost Oil Production Despite Strikes
Kuwait is planning to increase its oil production despite an ongoing strike by Kuwaiti oil workers. The Kuwaiti government …
OPEC Fails to Agree on a Production Freeze
Yesterday’s (17 April) marathon negotiation session in Doha among the world’s biggest oil producers failed to produce an output …