The Organization of the Petroleum Exporting Countries (OPEC) agreed yesterday (30 November) on its first oil production cut since 2008 after Riyadh had reached a
Category: Energy
Canada Seeks to Export Oil Sand Directly to Asia in Search of New Markets
Canada’s major energy companies such as Suncor Energy Inc. or Cenovus Energy Inc. call for Prime Minister Justin Trudeau to approve a major pipeline expansion
Market Update: OPEC Readying to Launch an Oil Freeze Deal
Venezuelan President Nicolas Maduro yesterday (16 November) attended an agreement signing ceremony with representatives of two oil companies – Venezuelan Delta Petroleum and India’s ONGC
#EarthToMarrakech: 16 November, A Day of Digital Messaging on Climate
Today, 16 November, is a day of digital messaging that demands global action on climate change and the environment. Ordinary citizens, along with more than
COP22 Conference Update: Trump’s Win Threatens Paris Agreement on Climate Change
Trump’s pre-election statements on climate change have left many worried about the future of the Paris Agreement, a global deal seeking to phase out greenhouse
Total First Western Energy Company to Strike a Deal with Iran
Total, French oil and gas giant, will be the first Western energy company to strike a deal with Iran. The company’s CEO, Patrick Pouyanné, made
4/11 Landmark Day: Paris Agreement Enters into Force Today
The Paris Agreement – a landmark global deal to fight climate change adopted on 12 December last year in Paris – is entering into force
Non-OPEC Countries Still Unwilling to Curb Oil Production
Non-OPEC producers yesterday (30 October) refused to commit themselves – in the face of pressure from the members of the Organization of the Petroleum Exporting
Asian Oil Markets Rebalancing
Asian oil markets are believed to be slowly returning to balance after China’s oil production was cut and its inventories of refined products decreased. Global
Saudi Arabia Invites Russia for Talks to Intensify non-OPEC Cooperation
Saudi Arabia’s Energy Minister Khalid al-Falih said yesterday (23 October) that he had invited Russian Energy Minister Alexander Novak to meet their Gulf Arab counterparts