Tag Archives: Bloomberg News Agency

At the Vienna meeting. OPEC+ agreed to reduce its output target by 500.000 barrels a day in the first quarter.

Saudi Arabia will continue a voluntary reduction of 400.000 barrels a day below its official target.

Qatar'.s plan for a 64 per cent increase in LNG capacity is likely to intensify a global glut in the fuel.

From 2006 to 2015. Beijing operated on a ".one coal plant a week". building programme.

In the short term. the market ought to pick up as global oil demand growth accelerates.

Qatar Petroleum is also planning to set its official selling prices at a differential to regional benchmark grades such as Dubai and Oman.

Global oil demand may peak within the next 20 years.

The project has an estimated price tag of JPY300 billion (US$2.75 billion).

Germany’s strategy will include both green and blue hydrogen.

it will establish a corporate domicile in the U.S. early next year. pending various approvals. and rebrand under the name Ovintiv Inc.