December 7, 2018

Maduro: Russia, Venezuela Sign $5B Deals To Boost Venezuelan Oil Production

Back from a visit to Moscow, Venezuelan President Nicolas Maduro tweeted a video on Thursday, in which he said that Venezuela and Russia have signed US$5-billion […]
November 27, 2018

Aramco Plans To Significantly Boost Gas Output

Aramco has plans to increase its natural gas production by 64 percent from the current 14 billion cubic meters daily to 23 billion cubic meters, the […]
November 22, 2018

U.S. Sanction Waivers Boost China’s Demand For Iranian Oil

Iran’s largest oil customer China is set to continue importing robust volumes of Iranian crude at least through the end of this year thanks to the […]
November 22, 2018

The Biofuel Directive Giving EU Oil Demand A Boost

By Ross McCracken – Nov 21, 2018, 3:00 PM CST ILUC is a little-known acronym that strikes fear into the heart of biofuels producers. It stands […]
November 20, 2018

Nigeria’s Opposition Candidate Vows To Boost Oil Investments

Nigeria’s opposition presidential candidate Atiku Abubakar promises to boost Nigerian upstream oil and gas production and downstream production by attracting more investments, if he is elected […]
November 17, 2018

Saudis Cut Oil Exports To U.S. To Boost Crude Prices

Saudi Arabia has been slashing oil exports to the United States over the past two months, in what looks like a move to force a reduction […]
November 17, 2018

Tesla Cuts Solar System Prices To Boost Sales

Tesla has reduced the prices for its household solar power systems to improve sales, Reuters reports, citing the company’s senior vice president for energy operations, Sanjay […]
November 15, 2018

Natural Gas Skyrockets As China Pledges Huge Supply Boost

With an eye on last winter’s natural gas supply debacle, Chinese state-owned energy giant CNOOC has pledged a 20 percent rise in gas supply, the company […]
November 6, 2018

China To Boost Shale Oil, Gas Production

China’s biggest energy producers are tapping more tight oil and gas wells, aiming to increase domestic oil and natural gas production at the world’s largest crude […]