Half of Venezuela’s oil rigs may disappear
Venezuela had 23 oil rigs drilling in July, down from 49 just two years ago
US oil export race not over yet
More than 10 projects have been proposed for terminals over the span of a year
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Pakistan’s open air mine shows why coal won’t go away
Cheap energy source overrides environmental concerns
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India may open fuel marketing to foreign investment
Process is part of government’s efforts to introduce the next wave of economic reforms
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$859b energy projects underway or planned in Mena
Global oil demand will increase by at least 10 million barrels per day by 2040
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IEA says oil outlook ‘fragile’
Agency trims forecasts for oil-demand growth this year and next
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Saudi Aug-Sept oil exports to be below 7m bpd
Supply cut is aimed at draining global oil inventories and bring market back to balance
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India raises cost of refinery project with Aramco
Refinery, petchem plant cost estimate raised to $60 bln -sources
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Oil resumes drop as demand surge
Investors are awaiting speeches from Federal Reserve policymakers
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India’s gold imports slump to lowest since 2016
Overseas purchases fell 69% to 20.4 tonnes in July from 65.6 tonnes a year earlier
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Saudi Arabia is steering ever more oil to China
Riyadh has grabbed a greater slice of China’s market as US sanctions hurt Iran exports
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Permian doesn’t look so hot as producers hit snags
US shale-well output declines by as much as 70% in the first year
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Oil drops to $64 on Fed outlook
Oil’s drop came despite a bigger-than-expected decline in US inventories
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Oil Trades Near Two-Week High
Futures rose as much as 0.9% in New York after gaining 3.9% in the past four sessions
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Dana’s gas sale in Kurdistan rises to $80m
Figure for first half of 2019 marks 74% increase year-on-year
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India cuts tax on electric vehicles to 5%
Tax for EV chargers also reduced from 18% to 5%, according to government statement
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Saudi Arabia aims to expand key pipeline
Saudi Arabia’s east-west pipeline now has 5 million bpd capacity
