July 4, 2019

Will OPEC Cuts Trigger New Wave Of US Shale Oil?

Excess inventories, weakening demand growth, and oil prices some $15 a barrel lower than this time last year left OPEC and its allies little choice but […]
June 14, 2019

Gazprom Neft Calls For End Of OPEC+ Oil Cuts

OPEC and its partners should start increasing oil production to keep the market well supplied and prices reasonable, Gazprom Neft’s chairman Alexander Dyukov said, as quoted […]
June 5, 2019

World Bank Cuts Russia 2019 Growth Outlook On Oil Cuts

By Irina Slav – Jun 05, 2019, 11:00 AM CDT The World Bank reduced its economic growth outlook for Russia for this year because of lower […]
March 8, 2019

Saudis Follow Up On Deeper Oil Output Cuts Promise

Saudi Arabia pumped 10.1 million bpd of crude in February, a Saudi official told S&P Global Platts on Friday, in yet another sign that OPEC’s largest […]
March 8, 2019

Tesla Says New Supercharger Cuts Charging Time By 50%

Tesla says that it is introducing its next-generation V3 Supercharging, which is expected to ultimately reduce the amount of time drivers spend charging their electric vehicle […]
March 5, 2019

Canada’s Oil Patch Divided As Alberta Eases Cuts

Alberta government’s decision to respond to the very low Canadian heavy oil prices with mandatory production cuts of 325,000 bpd has created a division among Canada’s […]
March 5, 2019

Tesla Owners In Asia Protest Against New Massive Price Cuts

Tesla owners have staged protests outside Tesla stores and Superchargers in some parts of Asia after the electric vehicle (EV) maker announced last week massive price […]
March 1, 2019

IEA Chief: U.S. Emission Cuts The Largest In Energy History

The U.S. carbon dioxide emissions reduction over the past decade has been the largest cut in emissions in the history of energy, Dr. Fatih Birol, the […]
February 28, 2019

Nigeria Says New Egina Production Is Not Part Of OPEC’s Cuts

Production from the recently launched Egina deepwater field would remain outside Nigeria’s commitment to stick to OPEC’s production cuts, according to state-held Nigerian National Petroleum Corporation […]