Renewable energy sources will continue to grow in the US despite the antipathy of the incoming Trump administration, says President Obama.
Spain’s oil giant Repsol said recently that it swung back to profit in the third quarter as the company reduced costs to adapt to a slump in oil prices which has hit production revenues. The company posted a net profit of €481 million ($$535 million) in the July-September period, compared to a net loss of […]
After more than a year in the doldrums because of a slowing global economy, could the price of oil finally be on the rise? Bets for a gradual lift in global oil prices are growing after the Organisation of Petroleum Exporting Countries (OPEC) minsters’ meeting in Vienna was seen to have made progress in a […]