IEA releases Oil Market Report for September
Saudi Arabia cuts oil output in August
Saudi Arabia has 16% of the world's proved oil reserves, is the largest exporter of total petroleum liquids in the world, and maintains the world's largest crude oil production capacity.
Statoil starts production from two ‘fast-track’ fields
Strategic partnership between Gazprom and Kyrgyzstan to boost socioeconomic development of Republic
Weakening global demand and increased Libyan oil exports contributed to a drop in the North Sea Brent crude oil spot price to an average of $102 per barrel (bbl) in August, $5/bbl lower than the July average and $10/bbl below the average in June.
Asia Would Pay a Price if Russia-EU Gas Trade Collapsed
Energy efficiency: a key tool for boosting economic and social development. New IEA report shows the multiple benefits of energy efficiency and calls on governments to invest more resources to harness them.
Kvaerner may seek partners, could see ownership changes
PDVSA seeks bids for Citgo in potential $10 billion deal