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Saudi Arabia’s Biggest Geopolitical Error

Saudi Arabia’s Biggest Geopolitical Error

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Is This The Answer To Global Warming?

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News

Macron Bows To Protesters, Suspends Fuel Tax Increase

Macron Bows To Protesters, Suspends Fuel Tax Increase

Dec 04, 2018 at 09:11 | Irina Slav

The French government has given in to widespread protests against a planned fuel tax that would raise further the cost of living in the country and announced a suspension of…

Russia’s Oil Production Dips As Possible Production Cuts Near

Russia’s Oil Production Dips As Possible Production Cuts Near

Dec 03, 2018 at 17:49 | Julianne Geiger

Russia’s oil output dipped in November, preliminary data from Russia’s federal state budgetary organization CDU TEK over the weekend, days before the OPEC summit scheduled for December 6 that…

Iraq’s Oil Exports Drop To Seven-Month Low In November

Iraq’s Oil Exports Drop To Seven-Month Low In November

Dec 03, 2018 at 17:46 | Tsvetana Paraskova

Due to bad weather at its southern ports, Iraq’s crude oil exports dropped to their lowest level in seven months in November, despite the fact that after a year-long hiatus,…

Shell To Become First Oil Major Linking Emissions With Executive Pay

Shell To Become First Oil Major Linking Emissions With Executive Pay

Dec 03, 2018 at 17:12 | Tsvetana Paraskova

Royal Dutch Shell plans to set short-term emission reduction targets and link these targets with executive pay, the oil major said on Monday, yielding to growing investor pressure about…

World Bank Pledges $200 Billion Climate Action Investment

World Bank Pledges $200 Billion Climate Action Investment

Dec 03, 2018 at 16:53 | Tsvetana Paraskova

The World Bank Group said on Monday that it would double its current five-year investments to US$200 billion in the period 2012 through 2025 to support countries in their…

Gasoline Bombs Found At G-20 Protest Site In Buenos Aires

Gasoline Bombs Found At G-20 Protest Site In Buenos Aires

Dec 03, 2018 at 16:18 | Tsvetana Paraskova

Argentina’s police have found and secured eight gasoline bombs made of bottles and cloth wicks at a site of a protest six miles away from where the G-20 summit…

Oman: Qatar’s Withdrawal From OPEC May Lead To Retaliation

Oman: Qatar’s Withdrawal From OPEC May Lead To Retaliation

Dec 03, 2018 at 12:35 | Tsvetana Paraskova

Qatar’s withdrawal from OPEC is a surprise for Oman’s oil minister Mohammed bin Hamad Al Rumhi, who said in an interview with S&P Global Platts on Monday that Qatar…

French Fuel Protest Shut Down 75 Stations

French Fuel Protest Shut Down 75 Stations

Dec 03, 2018 at 11:08 | Irina Slav

A blockade of 11 fuel depots in France by “yellow vest” protesters has shut down 75 fuel stations and the situation might escalate further if the protests continue, Deutsche Welle…

Alberta Enforces 8.7% Oil Production Cut

Alberta Enforces 8.7% Oil Production Cut

Dec 03, 2018 at 09:51 | Irina Slav

Alberta’s Premier Rachel Notley announced that the government of the province will enact an 8.7-percent crude oil production cut to clear excess stockpiles as pipeline bottlenecks have plunged the selling…

Alberta Slashes Economic Growth Forecast As Oil Prices Bite

Alberta Slashes Economic Growth Forecast As Oil Prices Bite

Nov 30, 2018 at 15:52 | Julianne Geiger

Canada’s Top Oil Province on Friday lowered its 2019 economic growth forecast as oil prices continue to flounder according to a government statement cited by Reuters. Crude oil production…

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