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"Big Oil Leaders Bet on Long Term Energy Growth"
Touting an optimistic message, some Big Oil executives insist that long-term growth in energy demand remains unchanged....Complete Story
"Nigerian Oil Workers Mull Full Scale, Nationwide Strike"
Two main oil workers' unions are insisting on a full scale, nationwide strike against insecurity in the Niger Delta....Complete Story
"IEA Cuts 2009 Oil Demand Forecast on Recession, Sees 1 Million-Barrel Drop"
The International Energy Agency cut its global oil demand forecast for 2009, projecting consumption will decline by 1 million barrels a day as the worldwide recession deepens, the biggest drop since 1982....Complete Story
"Saudi Arabia to More Than Double Spare Capacity by Mid-Year"
Al-Naimi Says Saudi Arabia, the world’s largest oil exporter, will more than double its spare capacity by the middle of the year to 4.5 million barrels a day as it brings....Complete Story