ENERGY
Energy

Too early to tell if coronavirus damage to global transport is permanent, experts say

Wednesday, 03 June 2020

The coronavirus pandemic has dramatically curtailed all forms of transport as consumers are told to ......

Saudi Arabia, Russia agree to extend OPEC oil cuts if all members hit quotas: Sources

Wednesday, 03 June 2020

OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing ......

Renewable energy now cheapest option for new electricity in most of the world: Report

Wednesday, 03 June 2020

Renewable energy is now the cheapest option for new electricity installation in most of the world, a ......

Natural gas could be the next commodity to plunge into negative prices

Wednesday, 03 June 2020

The specter of negative prices is hanging over energy markets more than a month after oil’s ......

Iraq to cut oil output further, committed to OPEC+ deal, says oil minister

Tuesday, 02 June 2020

Iraq will further cut its oil output and remains committed to the OPEC+ deal, finance minister and ......

UK hits new solar energy record as sun shines throughout spring

Tuesday, 02 June 2020

The UK’s sunniest spring on record has boosted solar power’s share of the electricity mix to new ......

Oil rises as market waits for OPEC+ decision on output cuts

Tuesday, 02 June 2020

Oil edged higher toward $36 a barrel as the market waited to see if OPEC and its allies will extend ......

Oil tankers queue off China’s coast, suggesting rebound in crude demand

Monday, 01 June 2020

Queues of tankers have formed off China’s busiest oil ports as the vessels wait to offload crude for ......

Oil prices drop as US-China tensions rise

Monday, 01 June 2020

Oil fell on Monday on worries about renewed tensions between the US and China, although reports that ......

UAE’s ADNOC moves to capture returning Asian oil demand: Reports

Monday, 01 June 2020

The UAE’s Abu Dhabi National Oil Co (ADNOC) has told its customers in Asia that it has sufficient ......

OPEC, Russia discussing extending oil output cut deal for 1-2 months: Sources

Monday, 01 June 2020

Oil prices were steady on Monday helped by reports that OPEC and Russia were closer to a deal on ......

Oman’s biggest solar plant begins delivering power to PDO

Sunday, 31 May 2020

Petroleum Development Oman (PDO), in which Royal Dutch Shell Plc and Total SA hold minority stakes, ......

Venezuela increases fuel prices after arrival of Iranian oil tankers

Sunday, 31 May 2020

Venezuela will increase fuel prices in June, the president said, putting a limit on state subsidies ......

Russia has no objection to bringing OPEC+ meeting forward to this week: Sources

Sunday, 31 May 2020

Russia has no objection to the next meeting of OPEC and its allies, known as OPEC+, being brought ......

Discover: The 10 countries with the largest oil reserves in the world

Sunday, 31 May 2020

Oil has had a chaotic year so far due to the coronavirus pandemic hitting the world’s demand for ......

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