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Tag: oil
Oil Industry Refuses To Back Away From Fossil Fuels
2019-09-26 03:39:45| OGI
A whos who of the global oil industry sketched out a persistent role for fossil fuels on Monday, blocks away from the UN where 66 nations pledged to reach net zero carbon emissions by the year 2050.
Tags: back
industry
oil
fossil
Survey: US Oil Activity Slumps Amid Rising Price Uncertainty
2019-09-25 19:59:52| OGI
The Feds energy business activity index fell to negative 7.4 in the third quarter, the worst reading since early 2016. Activity in the services sector slumped by more than 28 points to negative 21.8.
Tags: price
activity
survey
oil
US Imposing Sanctions On Chinese Entities Over Iranian Oil: Pompeo
2019-09-25 15:44:23| OGI
The United States is imposing sanctions on certain Chinese entities for knowingly transferring oil from Iran, U.S. Secretary of State Mike Pompeo said in what he called fresh actions to intensify pressure on Iran.
Tags: chinese
oil
entities
sanctions
Saudi Aramco Restores Oil Output Earlier Than Expected: Sources
2019-09-25 11:57:35| OGI
Saudi Arabia has restored its oil production capacity to 11.3 MMbbl/d after Sept. 14 attacks on oil facilities, three sources briefed on Saudi Aramco's operations told Reuters.
Tags: expected
sources
earlier
oil
'The devil's excrement': How did oil price become so important?
2019-09-25 02:05:30| BBC News | Business | UK Edition
What would it take to overturn the world's dependency on oil?
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