,
World Oil Market Well Supplied For Now, Says IEA
World oil market looks “adequately supplied for now” after a substantial production increase in the last six months, but the industry is fraught with …
,
Growth of Renewables Surpassed Fossil Fuels in the Power Sector
A new study shows that the growth of renewable energy has surpassed fossil fuels in the power sector a year ago, with a record …
,
IAE: Bright Future Ahead of Iraq Oil Industry
he International Energy Agency informed on the 9th of October that Iraq’s oil output would probably double in the next decade. In addition, Iraq will not only supply approximately half the growth in the global oil output but it will also be a key driver of crude prices as well. However delays to investment could lead to shrinking of global oil market and push crude prices much higher.
,
IEA, Obama admin counter Libya hold-up by releasing oil reserves
The International Energy Agency (IEA) announced on Thursday, the release of 60 million barrels of oil from global reserves. Primarily being touted as a …
,
US$1,000Billion revenue in crude oil exports for OPEC
The Crude Oil producers’ Cartel OPEC,, is expecting a record US$1,000B (aka US$1T) in export revenue, a historic landmark for the cartel, if Crude …
