Sri Lanka develops strategic plan for oil and…

Sri Lanka plans to move forward with a strategic oil and gas exploration and development plan. The Petroleum Resources Development Secretariat listed several elements of the plan, including continuation of a joint study with France’s…

Solar Costs Are Dropping Much Faster Than Expected

Back in 2011, the U.S. Department of Energy (DOE) began something called The SunShot Initiative. The intent was to set 2020 and 2030 targets making solar power more affordable in three categories: utility-scale generation, commercial, and…

APPEC: Iraq may sue KRG over oil exports…

Iraq's federal government may sue the Kurdistan Regional Government to block its crude exports "as soon as today," a senior oil ministry official told S&P Global Platts on Monday, pending the results of the semi-autonomous…

Can Oil Prices Hit $60 In 2018?

With Brent oil prices hovering right around $55 per barrel—the highest level in months—the oil market has picked up momentum. There are plenty of pitfalls ahead, but the underlying fundamentals offer some reasons to be…