Insight and inspiration in turbulent times.
Energy giant Total has shut down oil and gas production in Nigeria in the face of a threatened labor strike that raised management fears that there could be violence, the company said Tuesday.
The minister stressed close contacts between Iranian and foreign contractors to help promote national oil, gas and petrochemical industries.
The fighting in Sudan’s Darfur region, which is being reported in the world press as ‘ethnic cleansing’ and a ‘humanitarian crisis’, reportedly stems from attempts to gain control over the oil resources in the region, claim Arab sources.
China is in discussions with a group of six Middle Eastern countries to establish a free trade pact, state media reported Monday.
New Zealand has an abundant wind resource capable of producing up to 20 percent of our electricity needs.
The installation of the Ayad Allawi government in Baghdad may only increase the chaos in the country, which faces the prospect of internal conflicts and balkanisation.
Any government concerned about global security and climate change should be banning 4×4s.
The OPEC may postpone implementation of its own decision taken at the extraordinary 131st conference in Beirut on June 3, where its members agreed to raise quotas on crude oil production and export by 0.5 million barrels daily.
Iraq’s oil exports were cut nearly in half as workers struggled Monday to repair a key pipeline shut down after looters sabotaged the line, officials with the South Oil Company and traders said.
Caught between the U.S. war on terror and its own militants, the House of Saud tries to cut deals to survive.
The United States’ drive for energy security, one of the dominant elements in its tough-guy foreign policy, is running into trouble around the globe, making US control of Iraq’s oil wealth ever more necessary. And that is sure to stir up more trouble, unsettling a market that has become volatile and unpredictable.
The government has given energy conservation top priority in its long-term energy policy, as the country has been feeling the pinch of energy supply shortages since last year.
