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US expects Saudis to pump up oil
The US Department of Energy expects Saudi Arabia, the largest oil exporter, to increase its crude oil production from 12 million to 18 million barrels per day by 2030.
Oil prices
Natural Gas Prices at Lowest Point for 16 weeks in New York
Natural gas futures fell to the lowest price in 16 weeks in New York as milder-than-normal weather was expected to limit demand and ample supplies were left in storage.
Above-normal temperatures
Kampac Oil Company signed a $1.6 billion contract with the Ghana Railway Corporation
A CONSORTIUM led by Dubai-based Kampac Oil Company, has signed a $1.6 billion contract with the Ghana Railway Corporation for a railway project in the Western part of Ghana.
The 35-year
CNOOC’s 49% oil profit deal with Somalia
CNOOC’s oil contract with the Somali government grants the Chinese state giant the right to almost half of any profits from production but also promises large bonuses if significant discoveries
Read moreCoal India Ltd (CIL) Surpass Coal Mine Production 400 million tonne-mark
For the first time in its history, Coal India Ltd (CIL) surpassed the 400 million tonne-mark in coal mine production on March 29. It is now targeting a production of
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