Renewables and natural gas together account for the great majority of the growth in primary energy.
Read More »Future of OPEC+ Deal to Become Clear in April
The level of execution of the deal by the OPEC countries in January was 86%.
Read More »Southern Gas Corridor can Transport Gas from Turkmenistan. Kazakhstan
The Southern Gas Corridor is one of the priority projects for the EU.
Read More »Wood Mackenzie: Oil and Gas Exploration Economics to Improve
In 2018. exploration added at least 10.5 billion barrels of oil equivalent in conventional new field volumes.
Read More »Aramco Plans to Ramp Up Refining Capacity in Asia
Aramco is also expanding its refining investments in China.
Read More »BP Bows to be Consistent with the Paris Climate Agreement
The additional reporting specified in the resolution will build on BP’s history of progressive action in this area.
Read More »ExxonMobil among the Top Oil Explorers of 2018
In 2018. the US supermajor ExxonMobil drilled 2.7 net wildcat wells in Guyana.
Read More »Saudi Arabia will Attract over US$425 Billion in Investments for Vision 2030
In late 2017. the kingdom announced plans to build the US$500 billion NEOM mega city in the northern Red Sea.
Read More »Iran. Syria Sign Economic. Scientific. Investment MOUs
The two sides discussed prospects of cooperation between the two countries in the economic and investment spheres.
Read More »Venezuelan Crisis Has Zero Impact on Oil Market
Russia and Saudi Arabia have been steadily developing economic cooperation over recent years.
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