Saudi energy minister: We"re determined to meet oil demand
Saudi Energy Minister Khalid Al-Falih says OPEC is preventing prices from escalating and will "release supplies to make sure that no shortage materializes.".....»»
Saudi energy minister: no need for OPEC+ meet if no agreement on handling oil market crisis
Saudi Arabia’s energy minister said on Tuesday he does not see a need to hold an OPEC+ meeting in May-June if there was no agreement on what measures should be taken to deal with the impact of the coronavirus on oil demand and prices......»»
No OPEC decision yet on oil cuts, Saudi energy minister says
OPEC hasn’t decided yet to extend or modify its agreement to cut oil output, Saudi Arabia’s energy minister said, as the group grapples with the threat to crude demand from an intensifying spread of the coronavirus......»»
No OPEC decision yet on oil cuts, Saudi energy minister says
OPEC hasn’t decided yet to extend or modify its agreement to cut oil output, Saudi Arabia’s energy minister said, as the group grapples with the threat to crude demand from an intensifying spread of the coronavirus......»»
Oil extends declines as fears grow over China virus
Crude prices fell more than 2% to multi-month lows on Monday as the rising number of cases of the new coronavirus in China and city lockdowns there deepened concerns over oil demand, even as Saudi Arabia's energy minister sought to calm the market......»»
Oil prices skid 2%, extending slide as China virus spreads
Oil prices slumped a further 2% to multi-month lows on Monday as the rising number of cases of the new China virus and city lockdowns deepened concerns about demand for crude, even as Saudi Arabia's energy minister sought to calm the market......»»
Aramco"s international bond attracts strong interest as demand tops $30 billion
Demand for Saudi Aramco's inaugural international bond, seen as a gauge of potential investor interest in the oil company's eventual initial public offering, is higher than $30 billion, Saudi Energy Minister Khalid al-Falih said on Monday......»»
Saudi energy minister predicts demand for Aramco"s first-ever bond at "north of" $30 billion
Saudi Energy Minister Khalid al Falih said Monday .....»»
Demand for Aramco"s bond "north of" $30 billion: Falih
Demand for Saudi Aramco's inaugural international bond, which will be issued this week, is higher than $30 billion, Saudi Energy Minister Khalid al-Falih said on Monday......»»
Demand for Aramco"s bond "north of" $30 billion, says Saudi energy minister
Demand for Saudi Aramco's inaugural international bond is expected to exceed $30 billion, Saudi Energy Minister Khalid al-Falih said on Monday......»»
Russia"s Novak to meet Saudi, Iran ministers before Vienna talks: TASS
Russian Energy Minister Alexander Novak will hold separate bilateral meetings with the oil ministers of Saudi Arabia and Iran ahead of a main meeting of oil producers in Vienna on Friday on output cuts, TASS news agency cited sources as saying......»»
Opposition witness agrees Duke Energy cannot "today" rely on renewables and storage to replace fossil fuels
Duke Energy appeared to win an important concession Monday when a witness for the groups opposing its long-term plant construction plans testified that renewables and storage cannot, for now, replace fossil fuel to meet energy demand......»»
BLU maker Coretronic gearing up for capacity expansion
Backlight unit (BLU) maker Coretronic is expanding its production capacity in Vietnam and China to meet increasing market demand, according to Sarah Lin, president of its energy-saving device unit......»»
Palo Verde generator helps Southwest meet climate goals, but future of nuclear is debated
The rising demand to eliminate fossil fuels has left some researchers and activists skeptical that nuclear energy can be part of the solution to meet climate goals. But a recent study finds that the Palo Verde Nuclear Generating Station outside .....»»
Oil steady as OPEC Saudi minister urges production caution
At OPEC's meeting Saudi Arabia energy minister maintains cautious stance on oil production levels......»»
LG plans to invest $4.5 billion in US battery production to meet growing electric-vehicle demand, including building at least 2 factories
LG Energy Solution's four-year nvestment in battery produc.....»»
Ahmed Zaki Yamani, Saudi minister and symbol of ‘the new age of oil,’ dies at 90
He led the kingdom through the 1973 oil crisis and the nationalization of its state energy company......»»
Historic oil deal cuts output 20M barrels per day: Saudi energy minister
The historic oil production deal will remove 20 million barrels a day, more than double the 9.7 million that is being reported......»»
Historic oil deal cuts output 20M barrels per day: Saudi Energy Minister
The historic oil production deal will remove 20 million barrels a day, more than double the 9.7 million that is being reported......»»
Saudi energy minister says effective global oil cuts above 19 million bpd
Saudi Arabia's energy minister said on Monday that effective global oil supply cuts would amount to around 19.5 million barrels per day, taking into account the reduction pact agreed by OPEC+, pledges by other G20 nations and oil purchases into reserves......»»
Saudi energy minister says effective global oil cuts at more than 19 million bpd
Saudi Arabia's energy minister said on Monday that effective global oil supply cuts would amount to about 19.5 million barrels per day taking into account the reduction pact agreed by OPEC+, pledges by other G20 nations and oil purchases into reserves......»»