Tech Energy Business Strategy Videos Reports
Tech Energy Business Strategy Videos Reports Digital Editions

IEA says global oil demand is weakening

The global supply of oil continuing apace, despite demand softening, according to the International Energy Agency’s latest report

Apache Corp makes biggest energy find in a decade

A significant discovery in West Texas’ Permain Basin has revealed Apache Corporation could be sitting on three billion barrels of oil

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BP profits down as low oil prices continue to sting

Second-quarter profits at oil giant BP have almost halved in a year, following a plummet in global oil prices and weak refining margins

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ExxonMobil enters bidding war for InterOil

ExxonMobil’s bid for control of InterOil has made it an intriguing three-horse race, with Total and Oil Search the other two players

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African oil firms desperately seek new buyers

Increased domestic oil production has led to a sharp decline in US demand for African oil. With many African states dependent on exporting oil, new markets in the east are being desperately sought

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Saudi Arabia dismisses Minister of Petroleum and Mineral Resources

After 20 years in the role, Saudi Arabia’s powerful Minister of Petroleum and Mineral Resources has been dismissed from his role, in the midst of wider ministerial reshuffling in the country

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Doha meeting ends with no deal

The world’s major oil producers failed to reach an agreement on freezing output, after the Saudis refused to allow Iran an exemption

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Saudi Arabia loses oil market share

Despite maintaining near-record production levels, Saudi Arabia has seen its share of the world oil market contract

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What low oil prices have taught us about Saudi Arabia

While plummeting oil prices have been felt around the world, they have brought about a couple of fundamental changes in Saudi Arabia

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Saudis say they won’t cut oil production

Speaking in Texas, the Saudi oil minister said the kingdom will not cut production and high-cost producers should leave the market first

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OPEC and Russia freeze oil production

After a meeting in Doha, leading OPEC members and Russia agreed to hold oil production at January levels

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Saudi Arabia and Venezuela discuss oil production cut

The Saudis and Venezuelans described their meeting as successful, despite no production cut agreement being formally reached

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