Eni wants to turn Italy into a European Gas Hub

Eni wants to turn Italy into a European Gas Hub

By Anna Domanska - Apr 19, 2018

Eni CEO Claudio Descalzi announced the oil giant will invest 7 billion euros ($8.6 billion) in Algeria over the next three years. Together in partnership with Algerian state firm S

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IEA, Obama admin counter Libya hold-up by releasing oil reserves

IEA, Obama admin counter Libya hold-up by releasing oil reserves

By Vrushti Mawani - Jun 24, 2011

The International Energy Agency (IEA) announced on Thursday, the release of 60 million barrels of oil from global reserves. Primarily being touted as a move to counter the oil shor

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OPEC Impasse Leaves Output Levels Unchanged. Oil Prices Soar

OPEC Impasse Leaves Output Levels Unchanged. Oil Prices Soar

By Carrie Ann - Jun 09, 2011

An organization known for the high value they place on consensual decision-making, OPEC admitted after the cartel’s meeting that they had left output levels unchanged due to lack

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Oil steadies on U.S economic recovery despite Libya, Syria and Yemen

Oil steadies on U.S economic recovery despite Libya, Syria and Yemen

By Carrie Ann - Mar 26, 2011

With official data released on Friday regarding U.S growth, demonstrating that the world’s largest oil consumer had recovered much better than had previously been expected,  oil

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