Tag Archives: The Vanguard Group

The Organisation of Petroleum Exporting Countries (OPEC) says global primary energy demand is forecast to increase by 23 per cent in the period to 2045, which necessitates utilising all forms of energy. The OPEC said based on its World Oil Outlook (WOO) forecast, resultantly, many of its Member Countries had …

A slowdown of the global economy is dampening oil demand.

Mr Barkindo was first elected as Secretary General of the bloc in 2016.

SHIN received the award. along with its client Total. for the Egina Floating Production Storage and Offloading unit (FPSO).

The group would meet in Vienna Austria to deliberate on the matter.

The Russian energy ministry told the FT that the trade would continue next week.

There is a great need for oil and gas nations to diversify their economy.

Concern that the U.S.-Chinese trade war could slow down economic growth and hit oil demand also weighed on the market.

Oil-related investment requirements across the upstream. midstream and downstream are estimated at around $11 trillion in the period to 2040.

OPEC and non-OPEC technical committee will discuss proposals for distributing the additional oil-output amongst members.