Oil prices rise on hopes of big stimulus money
The crude oil prices showed an upswing with Brentwood going up to $56.08 a barrel and the US West Texas Intermediate cru...
Exxon Mobil facing existential crisis with oil prices hitting bottom
Exxon Mobil is facing the ill-effects of overbetting on a rising demand for oil and gas and is now facing a shortfall of...
Eni wants to turn Italy into a European Gas Hub
Eni CEO Claudio Descalzi announced the oil giant will invest 7 billion euros ($8.6 billion) in Algeria over the next thr...
Q7 calls for increase in oil output
Finance ministers of the Group of Seven (G7), world’s leading industrialized economies, called on oil-producing co...
Iran Threatens to Block Oil Transportation, Crude Oil Prices Rise
This year end has seen a rise in the prices of crude oil for the sixth day, adding 0.1% or 11 cents to $101.45 a barrel ...
Energy Industry Trends to Watch in 2012
This year saw a lot of action in the energy industry: the Fukushima crisis, the growth of solar energy alongside the col...
A Decade Later - What has the Economic Impact of the 9/11 Attack Been?
Yesterday, September 11th 2011, marked the 10th anniversary of the terrorist attacks that brought down the World Trade C...
OPEC meeting to focus on output quotas and triple-digit oil prices
The Organization of Petroleum Exporting Countries (OPEC), scheduled to convene in Vienna on Wednesday, is likely to face...
