China will aim to close more than 1,000 coal mines over this year, with a total production capacity of 60 million tonnes, as part
Hydrocarbon
Omnia bona quoad perfora.
Five Big Oil Producing Countries Hit With Downgrades
Plunging crude prices are crushing the world’s major oil producing countries. Their government revenues have collapsed, and budget surpluses quickly turned into deficits. What’s
Oil Spotlight Shifts To Tehran As Producers Seek Grand Bargain
(Bloomberg) — The search for a grand bargain among oil producers now shifts to the Iranian capital. The spotlight that fixed Tuesday on Doha,
The Pain of a 75 percent Drop in Oil Prices!
Squeezed by falling oil prices, Russia is talking about privatizing its major companies to close its budget shortfall. Nigeria is seeking a World Bank
BP Posts worst annual loss in 20 years
The British oil and gas giant BP (British Petroleum) has reported a loss of $6.5 billion (4.5 billion pounds) for the fiscal year 2015
