Energy News Beat Publishers Note (ENB): There is mounting evidence that the rush to green is not going to be as pretty as people are saying. With the big oil companies leaving the oil production […]
Russia was close to complying 100 percent with its oil production quota under the OPEC+ deal in May, Russian Deputy Prime Minister Alexander Novak said on Friday. “It will be better than in April. Close to 100%,” […]
MOSCOW (Bloomberg) –The world’s largest petrostates rejected calls for a rapid shift away from oil and gas, warning that starving the industry of investment would harm the global economy. His warnings were echoed by the […]
A major oil refinery in Tehran is now engulfed in a huge blaze just hours after on Wednesday morning the Islamic Republic’s largest warship caught fire and sank in the Gulf of Oman under mysterious circumstances. Iranian state Tasnim news in […]
New Delhi: Saudi Arabia, the world’s largest oil exporter, on Sunday said it is committed to meet India’s requirements of petroleum products, an affirmation that came in the wake of the country pitching for easing global […]
Saudi energy minister Prince Abdulaziz bin Salman has read the International Energy Agency’s recent blockbuster report outlining a roadmap for the world to achieve net-zero carbon emissions by 2050 and is not impressed. His review: […]
OPEC+ stuck to its plan to hike oil output in July, but Saudi Arabia’s energy minister kept the market guessing as to whether the group will add more supply later this year to keep pace […]
Asian refineries are grappling with what’s expected to be a brief period of weak profits as a demand-sapping Covid-19 comeback across the region coincides with a likely surge in oil-product exports from Iran. The virus […]
Oil firms expect to spend 4.8 percent more on oil and gas operations offshore Norway in 2021 compared to the previous estimate three months ago, thanks to more fields coming on stream, Statistics Norway said in its […]
Energy News Beat Publishers Note (ENB): The current path is a long-term energy mix that will impact the less fortunate hardest. The current events of western oil companies not able to produce more, and with […]
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