Displaying 10 out of 8 results

  1. FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries (OPEC) seen outside i

    Oil producers pin hopes for massive cuts on unprecedented stocks purchases

    An unprecedented deal by oil producers to curb supply to match demand hollowed out by the coronavirus pandemic is set to depend partly on ...
  2. Oil pump jacks work at sunset near Midland, Texas

    Oil gains as US shale production set to fall sharply

    Oil prices rose on Tuesday after a U.S. agency said shale output in the world's biggest crude producer would fall by the most on record in April, ...
  3. FILE PHOTO: Pump jacks operate at sunset in Midland

    IEA warns oil companies doing nothing on emissions is not an option

    Oil and gas companies must boost investment in low carbon energies or face an increasing backlash that could threaten their long-term profits and ...
  4. FILE PHOTO: Oil pump jacks work at sunset near Midland

    Oil market to remain oversupplied despite OPEC+ pact, says IEA

    Global oil inventories could rise sharply despite an agreement by OPEC and its allies to deepen output cuts as well as lower expected production ...
  5. FILE PHOTO: A woman carrying a bag containing firewood walks in front of two Liquefied Natural Gas

    Natural gas, false hope in climate change campaign?

    Natural gas is cleaner and produces fewer global warming emissions than other fossil fuels, making it key to our transition to a low-carbon ...
  6. FILE PHOTO: International Energy Agency's (IEA) Executive Director Fatih Birol looks on during

    Keep nuclear in the energy mix to tackle climate change: IEA's Birol

    The decline of nuclear in the global energy mix poses a threat to economies and efforts to reduce carbon emissions, International Energy Agency ...
  7. FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang

    Global oil market in glut, but not a big enough one for OPEC

    OPEC has shifted the goalposts for assessing an overhang in oil inventories, giving the group more room to prolong production cuts, while analysts ...