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Oil drilling platform Shengli No.4 is in the midst of shipment at the outer anchorage of a port in Yantai, east China’s Shandong province, Feb. 8, 2018. The Shengli No. 4 and the New Shengli No.1 will be sent to Nigeria for oil exploration services. (Photo by Chu Yang from CFP)

EIA says global oil supply to rise in 2020

The global supply of liquid fuels will increase in 2020 with the United States as a major supplier, U.S. Energy Information Administration (EIA) said...

Global oil demand to grow slightly in 2015 – OPEC

The Organization of the Petroleum Exporting Countries (OPEC) said in its monthly report on Tuesday that worldwide demand for oil will grow slightly more...

Global Oil And Gas Sector To Experience Major Boost

Robust oil prices and major upcoming projects would boost the global oil and gas sector earnings by five to six per cent in 2015. However,...