Seeking AlphaA Coming Wave Of Oil Demand Destruction - No, Not EVsSeeking AlphaI remain convinced that the pro cyclical effects of fossil fuel consumption subsidies, which are overwhelmingly concentrated in producer nations, are one of the less understood …

Channel NewsAsiaKuwait to spend US$500b on oil projects by 2040Channel NewsAsiaKUWAIT CITY: OPEC member Kuwait plans to spend more than half a trillion dollars by 2040 to boost its oil and gas output and refining capacity, a top executive said on Wednesday …

BloombergWestern Europe's Biggest Oil Producer Is Getting Another FixBloombergNorway was hit by an economic shock in 2014 when the price of oil more than halved in less than a year, prompting central bank Governor Oystein Olsen to warn that “winter is …

Financial TimesExxon plans fivefold rise in Permian Basin shale oil productionFinancial TimesExxonMobil, the largest US energy group, plans to increase its shale oil production in the Permian Basin of Texas and New Mexico fivefold to 500,000 barrels a day …

BloombergOil Below $55 May Force Norway to Cut Rates AgainBloombergA 54 percent slump in Brent crude since a June high has pummeled the offshore industry in Norway, where oil and gas make up 22 percent of gross domestic product. Over the same period the kr …

Oil Rout Proving Worse Than Latest Norges Bank ForecastBloombergOne month after tumbling petroleum prices forced the central bank of western Europe's biggest crude producer to cut interest rates, Governor Oeystein Olsen said oil's subsequent slide …