Sept 28 (Reuters) - National promises to cut emissions are expected to cap global warming more than previously expected by the end of the century, an analysis by the Climate Interactive group showed, according to a New York Times report on Monday. Read full story › Source:: Reuters UK Natural Resources       

By hellenicshippingnews For more than a year now global crude oil prices have been falling dramatically, reaching its lowest point in several years. At the time of writing trading at around US$44.10 per barrel, many countries across the world which are heavily oil import dependent have seen massive reductions in gas prices at the pumps […]

Oil prices have finally crept up on drilling and production levels in the US. The onshore rig count has continued to soften as many operators particularly some large independents have chosen to wait Read full story › Source:: Oil Voice       

By hellenicshippingnews After almost a year of painfully low oil prices, OPEC members are beginning to believe they are winning against upstart U.S. shale producers in a short-term market share contest. Yet insiders and experts say OPEC is looking for a longer-lasting impact on other high-cost production oil field plans, many in deep oceans, with […]