Global Energy Industry News

India moves to boost energy output

March 10, 2016
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Measures hailed as step-change by BP as New Delhi looks to encourage exploration Read full story ›

Source:: FT.com Oil and Gas […]

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U.S. oil production continues to decline, and is now below its year-ago level

March 9, 2016
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Source U.S. Energy Information Administration Petroleum Supply Monthly U.S. monthly crude oil production in December 2015 continued to decline as oil production reached its lowest level since Nov

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Source:: Oil Voice […]

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India’s coming oil drought will dwarf China’s shortfall

March 9, 2016
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By hellenicshippingnews Watching the development of India, there’s often an assumption the country will follow China’s path. For commodity exports, China “is not the only game in town,” Australia’s resources minister Josh Frydenberg said in a speech last month, citing forecasts of India’s burgeoning […]

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Crude prices move higher as investors go bargain hunting

March 9, 2016
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By hellenicshippingnews Crude prices were pushing higher on Wednesday, after reversing a downward trend seen in Asia as investors hunted for bargains following the overnight decline. Prices in Asia opened lower but regained traction later in the day as traders anticipated U.S. production data will show further […]

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