Oil and Gas Upstream Equipment Market to Benefit from the Increase in Oil Rig Count | Technavio

LONDON--(BUSINESS WIRE)--May 12, 2018-- projects the to post a CAGR of over 3% during the forecast period. The increase in oil rig count is a key driver which is expected to impact market growth. Wit...

Solar PV Systems Market in Asia - Focus on Self-Consumption to Encourage Growth | Technavio

LONDON--(BUSINESS WIRE)--May 6, 2018-- market research analysts forecast the to grow at a CAGR of over 10% during the period 2018-2022, according to their latest report. This press ...

US oil expected to meet most of world's growth in demand

HOUSTON (AP) — A global energy watchdog says booming production in the United States will meet 80 percent global growth in demand for oil over the next five years. The International ...

US oil output surge 'reminiscent' of run-up to 2014 crash

PARIS (AP) — A leading energy watchdog says that the boom in U.S. oil production is reminiscent of the rise in output that eventually led to the 2014 crash in crude prices. The Inter...

US oil and gas 'resurgence' expected as global demand grows

LONDON (AP) — A global energy watchdog says it expects the U.S. to become the undisputed world leader in oil and gas production after a resurgence in its industry to meet growing demand. ...

Solar energy is fastest growing source of power

PARIS (AP) — A report shows that solar energy was the fastest-growing source of power last year, accounting for almost two-thirds of net new capacity globally. The International Ener...

Agency says OPEC compliance with output cut fell in June

PARIS (AP) — The International Energy Agency says the rate of compliance by OPEC countries to their agreed production cuts fell sharply in June, one reason why oil prices dropped to 2017 lows in recen...

US oil production seen thwarting OPEC effort to boost prices

PARIS (AP) — The International Energy Agency says OPEC's plan to cut production and support prices are likely to be undone by increased output in non-OPEC countries like the U.S. If ...

Oil demand growth seen slowing for a second year

PARIS (AP) — The International Energy Agency expects growth in the global demand for crude oil to slow for a second consecutive year in 2017. The Paris-based agency expects growth of...

Global oil production dropping as OPEC cuts kick in

PARIS (AP) — The International Energy Agency says global oil output is dropping for the first time in months, as Saudi Arabia and other oil-producing countries follow through on pledged cuts aimed at ...

OPEC production jumped before global deal on cuts, IEA says

PARIS (AP) — The International Energy Agency says OPEC oil production climbed to a record high last month, in the days and weeks leading up to a major global deal to slash output. OP...

Global oil output hit new record pending promised OPEC cuts

PARIS (AP) — The International Energy Agency says global oil production climbed higher in October — even after OPEC pledged to curb output in hopes of driving up prices. The IEA said...

Big Four join Taiwan at climate action roundtable

Taiwan is not a signatory party to the Paris Agreement on climate change adopted in 2015, but as a responsible stakeholder in a global environment, the country has still made stunning and voluntary co...

CPC gasoline, diesel to be cheaper in the coming week

Gasoline and diesel prices at gas stations supplied by state-controlled CPC Corp., Taiwan will be lowered by NT$0.4 (US$0.0125) per liter starting from midnight Sunday, the state-run fuel supplier sai...

Domestic fuel prices to rise next week

Taipei, May 13 (CNA) Domestic gasoline and diesel prices are expected to move higher next week in reflection of a rebound staged by international crude oil prices at a time of reduced concerns over a ...