Tag Archives: Economy

Kingdom’s first large scale nuclear plant to be commissioned in 2027.

Such a move is part of the company’s strategy to reduce reliance on oil and cut emissions.

During the years 2015 and 2016. Qatar had made great efforts to coordinate positions and bring together views.

The 650.000-barrels-per-day refinery will come on stream by September 2019.

Venezuela. home to the largest oil reserves in the world. saw its crude output plummeting throughout the year as its national oil company struggled.

Saudi Arabia opened its market to direct investment by foreign institutional investors in mid-2015.

OPEC and its partners are seeking to bring the amount of oil in storage worldwide down to its five-year moving average.

This soaring demand has already created shortages in parts of the country.

Russia comfortably remained China'.s top crude supplier in November.

Freezing weather in the United States has spurred short-term demand. especially for heating oil.