Global Energy Industry News

Abu Dhabi’s oil company to float parts of business

July 10, 2017
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State-owned Adnoc wants to boost private-sector economy Read full story ›

Source:: FT.com Oil and Gas […]

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OPEC and non-OPEC production cuts can go longer and deeper if necessary, says Russia energy minister

July 10, 2017
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OPEC and non-OPEC producers have the capacity to extend and deepen their production cuts should the oil market’s situation become even more complex, Russia’s Oil Minister Alexander Novak told CNBC on Monday. Read full story ›

Source:: CNBC energy […]

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Oil prices sink as US drilling ramps up

July 10, 2017
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CNBC’s Jackie DeAngelis reports oil prices are dropping as the Trump administration ramps up the permit process for oil and gas exploration on federal land. Read full story ›

Source:: CNBC energy […]

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World’s Top Oil Traders Bet American Shale Is Here to Stay

July 10, 2017
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By hellenicshippingnews. The world’s biggest energy traders are betting shale oil production is here to stay. European trading houses from Trafigura Group Pte. to Mercuria Energy Group Ltd. and Vitol Group have invested in U.S. infrastructure and struck supply deals to secure flows of shale oil […]

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