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Oil Shale
The U.S. Can’t Afford To Let Shale Fail
They have seen their market shares erode as the shale boom made the U.S. the world’s largest producer of crude oil.
Saudi Arabia Has Assured India of Uninterrupted LPG Supply: Dharmendra Pradhan
India's oil minister said on Sunday he would continue to supply the country with liquefied petroleum gas.
Oil Price
Saudi Arabia Says no Talks on New Oil Deal, Moscow Suggests Larger OPEC+
Saudi Arabia said on Friday that it is not in talks with Russia to balance oil markets, despite rising pressure from Washington to stop a price rout, amid the c…
Oil & Gas Trade
Demand Destruction Foils Saudi Arabia’s Plan To Flood Europe With Oil
Saudi Arabia has promised a flood of cheap oil to Europe as it aims to hit its former ally Russia in its own backyard, but it looks like demand for the ultra-ch…
Oil Price
Can The U.S. Convince Saudi Arabia To End The Oil War?
US Secretary of State Michael Pompeo is applying verbal pressure to Saudi Arabia, encouraging the Middle Eastern country who started the oil price war to “rise…
Oil Price
Oil Climbs As U.S. Pushes For An End To The Price War
Oil prices continued to rise for the third day in a row, recovering earlier losses as U.S. lawmakers pressure Saudi Arabia to end the oil war.
Oil & Gas Trade
Russia’s Unexpected Advantage in The Oil Price War
While the ruble is now at its lowest level against the dollar in four years, the cheaper ruble has a silver lining for Russia’s oil producers in the oil price …
Market Analysis
Wind Energy is a ‘Key Technology’ with Benefits for Middle Eastern & Northern Africa
Quick developments are expected to be spurred by installations in Morocco, Saudi Arabia and Egypt.
Oil Price
Trump’s Ultimate Weapon To End The Oil War
U.S. President Donald Trump is facing increasing calls from some U.S. senators and congressmen to pressure Saudi Arabia into ending the oil price war, with one …
Shale Gas
Do Saudi Arabia And Russia Really Want To Kill U.S. Shale?
Since 2016, as an informal leader of the 13-strong non-OPEC group, Russia has been instrumental in the pricing of oil as Saudi Arabia, leading producer in the O…
Nuclear Technology
Ambassador Expresses Hope for Further Korea-UAE Cooperation
The successful cooperation between South Korea and the United Arab Emirates in building the Barakah nuclear power plant in Abu Dhabi has opened a new avenue for…
Oil & Gas Trade
Oil’s Demand Plunge Doing More Damage than The Price War
Imagine U.S. President Donald Trump makes a deal with Saudi Arabia and Russia to cut oil production. Envisage Washington, Moscow and Riyadh going big, each cut…
Oil Price
Exxon To Slash Spending As Oil Price Collapse Continues
Exxon has become the latest U.S. oil company to announce plans for spending cuts amid the coronavirus outbreak that caused a price slide significantly aggravate…
Market Analysis
Is The Oil Price Crash Good For Renewable Energy?
With Saudi Arabia and Russia pumping flooding the market with oil as coronavirus threatens demand, oil prices have crashed below the $30 mark. It is a price cra…
Oil Price
Saudis to Sell Oil at $25 in Market Share Grab from Russia
Saudi Arabia is preparing to flood markets with oil at prices as low as $25 per barrel, specifically targeting big refiners of Russian oil in Europe and Asia, a…
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