Energy

gazprom

Gazprom building global alliance with expanded Shell

23/06/2015(0)
Gazprom is building a global strategic alliance with energy major Royal Dutch Shell that will include asset swaps and allow the Russian gas giant to penetrate new markets, its ... Read More
OPEC logo

Depressed Oil Prices Push OPEC Revenue Below $1 Trillion In 2014

19/06/2015(0)
The 2014 crash in oil prices caused the combined oil earnings of OPEC’s 12 members to drop 11 percent from $1.112 trillion in 2013 to $993.3 billion in 2014. ... Read More
oil

Lower Oil Revenues See Saudi-Arabia Open Up Stock Exchange

18/06/2015(0)
Saudi Arabia may be rich enough to weather the current trend of low oil prices, but it’s losing money nonetheless and has found a way that it believes could ... Read More
oil prices - June 2015

Oil prices fall on oversupply, but US crude supported by Gulf of Mexico storm

15/06/2015(0)
Oil prices extended declines on Monday after two straight days of losses late last week as high production offset strong refinery runs, but a storm that could impact Gulf ... Read More
oil well

IEA releases Oil Market Report for June

12/06/2015(0)
Lower non-OPEC output trims global supply, but production still steeply higher than last year Global oil supplies fell by 155 000 barrels per day (155 kb/d) in May to ... Read More
theworldbank

Developing Countries Face Tough Transition in 2015 with Higher Borrowing Costs and Lower Prices for Oil & Other Commodities

11/06/2015(0)
Developing countries face a series of tough challenges in 2015, including the looming prospect of higher borrowing costs as they adapt to a new era of low prices for ... Read More
OPEC logo

OPEC 167th Meeting concludes

08/06/2015(0)
The 167th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Friday, 5th June 2015 under the Chairmanship of ... Read More
OPEC logo

What will Opec do about the oil supply?

03/06/2015(0)
With oil prices down some 40% in a year, the oil ministers of the Organization of the Petroleum Exporting Countries (Opec) are once again getting together in Vienna this ... Read More
oil-pipes

Expect The Recent Oil Rally To End Badly If OPEC Doesn’t Cut

02/06/2015(0)
The U.S. rig count dropped by 10 rigs this week after only falling by 3 last week. No doubt some analysts will say that this increase is somehow important ... Read More
oil and gas - britain

Oil Bears Miss Out as Record U.S. Refinery Demand Drives Rally

25/05/2015(0)
Oil speculators missed out as record demand from U.S. refineries helped trim supplies from their highest level in more than eight decades and drive prices higher. Hedge funds and ... Read More
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