A number of the world’s biggest environment-centered funds have shares in conventional gas and oil companies mixed with their renewable tech holdings such as solar,
Category: Energy
Saudi Arabia Seeks Non-OPEC Partners to Help Cut Oil Supply
Representatives of Saudi Arabia said on Monday (23 November) that the kingdom was ready to collaborate with OPEC and non-OPEC countries to attain market stability.
US Airstrikes Destroy ISIS’ Oil Infrastructure for the First Time
Yesterday (16 November), the United States A-10 warplanes and two AC-130 gunships for the first time hit trucks used by the Islamic State to smuggle
US Admits Oil Output Will Go Down Next Year
The US government’s energy unit confirmed that the country’s oil production will plummet more than expected in 2016 after an unexpectedly strong performance this year.
Morocco on the Path to Become a Solar Superpower
Morocco’s giant solar project in the Sahara desert is taking the country on the path of the future superpower in renewable energy. The country’s city
The EU-Russia Gas Relationship: New Projects, New Disputes?
Marco Siddi (The Finnish Institute of International Affairs) Russia is a major gas supplier to a number of EU Member States and it wants to
Gulf Refiners Put Off Maintenance in Anticipation of Weak Crude Prices in 2016
Gulf oil refiners are postponing some field maintenance until 2016 to keep output high and to decrease costs as analysts predict that the prices will
Saudis Unsuccessful at Making Asia Want More Oil
Saudi Arabia did not manage to attract extra offers for oil shipments in October, a sign suggesting that the market is still oversupplied. The offers
Hungary Increases Kurdish Oil Imports at the Expense of Russia
In a struggle to diversify its energy portfolio, Hungary has increased its oil imports from the Kurdistan region in Iraq at the expense of Russian
US Oil Output Dramatically Decreasing
Experts in the oil industry warned yesterday of a dramatic fall in the US crude output that could make prices soar if demand goes up.