The 13-member Organization of the Petroleum Exporting Countries pumped 25.07 million barrels per day (bpd) in March, the survey found, up 180,000 bpd from February. Output has risen every month since June…
OPEC+ panel revises down oil demand estimate before key meeting
(March 31): A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021, signaling a more negative view of the market just days before the group decides on production…
Russia has multi-pronged strategy to confront climate change: Official
Russia has a multi-pronged strategy to confront climate change, by further developing its human capital, natural gas, hydrogen, and renewable assets, a senior national energy policymaker said yesterday. Speaking at the 51st…
The Oil Industry’s Biggest Spending Driller Is Now in China
(Bloomberg) — China’s fear of dependence on foreign suppliers means its biggest oil company plans to be the world’s top-spending driller this year, even as it says the nation’s demand for crude…
U.S. Oil Companies Lag Far Behind Greener Europe Rivals
Europe’s largest oil and gas companies are leaving U.S. rivals further and further behind in the race to cut their reliance on fossil-fuel sales. Total SE, Galp Energia SGPS SA, Equinor ASA, Royal Dutch…
أسعار البنزين… الهدوء ما قبل العاصفة
كتبت جويل الفغالي في “نداء الوطن”: تستمر أسعار المحروقات في لبنان بالإرتفاع بشكل متواصل. حيث سجلت منذ أوائل سنة 2021 حتى اليوم ارتفاعاً بنسبة 40 في المئة لصفيحة البنزين الواحدة. ومن المتوقع…
بالصور والوثائق… اعتداء إسرائيلي جديد على حقوقنا
في الوقت الذي لا تزال فيه مفاوضات الناقورة بشأن ترسيم الحدود البحرية بين لبنان وإسرائيل متوقفة،وفي الوقت الذي يتردد لبنان في اتخاذ قرار بتعديل حدود هذه المنطقة لصالحه،أقدمت إسرائيل على المزيد من…
Qatar, Iran to drive Middle East gas production to 1,150bcm by 2050: GECF
Driven by Qatar and Iran, the Middle East gas production is expected to rise to 1,150bcm by 2050, Gas Exporting Countries Forum said Wednesday. The two main contributors to natural gas production…
30-year total investment in gas to reach $10tn by 2050: GECF
Global natural gas production is forecast to grow by around 1,900bcm to reach more than 5,900bcm by 2050, Dohabased GECF said yesterday. Total investment in gas (including upstream and midstream activities) between…
Saudis, Russia Differ Again on Oil Strategy Before OPEC+ Meeting
Saudi Arabia and Russia are once again heading into an OPEC+ meeting on opposite sides of a crucial debate about the oil market. Riyadh is publicly urging fellow members to be “extremely…