Global Energy Industry News

Oil prices jump on pledge to do ‘whatever it takes’ to reduce global stockpiles Read full story ›

Source:: FT.com Oil and Gas […]

By hellenicshippingnews.. U.S. energy firms added oil rigs for a 17th week in a row, extending a 12-month drilling recovery that is expected to help boost crude production in the United States to a record high next year. Drillers added nine oil rigs in the week […]

By hellenicshippingnews.. A new report from OPEC estimates that crude oil production from non-OPEC nations will increase by 950,000 barrels per day during 2017. This is a dramatic increase from last month’s estimate of a non-OPEC rise of 580,000 during the year. This […]

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Source:: FT.com Oil and Gas […]