Tag Archives: Investment

Looking to build on recent success. BP. Eni and Shell have all been aggressively approving greenfield projects during the downturn.

Aramco pumps around 10 million bpd of crude oil.

Donald Trump said he’s ‘ready to go’ with $500 billion in tariffs on Chinese imports.

The anticipated annual oil production plateau is 1.2 million tonnes and the commercial production is slated to commence in 2023.

Aramco’s initial thinking is to buy the full stake owned by the Public Investment Fund (PIF).

China'.s imports of LNG from the US have also grown very fast recently.

Following the Paris climate agreement in 2015 more than 170 countries agreed to try limiting global warming to well below 2C.

OPEC agreed with Russia and other oil-producing allies last month to raise output from July.

The global oil and gas industry has significantly increased the pace at which new projects are brought to peak production levels.

Investment in renewable power dropped 7% as the growth seen in solar and wind energy was offset by declines in hydropower and nuclear power.