The International Energy Agency’s governing board confirmed the appointment of Fatih Birol as the agency’s next executive director. Birol succeeds Maria van der Hoeven, who will complete her 4-year term on Aug. 31. “T...
Iraq, the nation adding more new oil to global markets than any other supplier in OPEC, said it needs to boost production and exports of crude to compensate for collapsing prices. “Because of the new challenges, espec...