Iraq’s Overproduction Of Oil Puts Pressure on Opec’s Future Oil Strategy
If the oil prices stay at their current somewhat depressed levels or further decline, then Iraq’s budget is going to run into problems. Brent crude is currently at $71 per…
Oil & Gas
If the oil prices stay at their current somewhat depressed levels or further decline, then Iraq’s budget is going to run into problems. Brent crude is currently at $71 per…
Egypt intends, with the assistance of foreign partners and the incentives, to resume its oil and gas production levels starting in 2025 Egypt, the third-largest economy in the Arab world,…
Since the beginning of the war in Ukraine, gas imports into the EU have significantly decreased. Azerbaijan’s significance has increased accordingly. One of the oldest oil booms in the world…
According to consulting firm Wood Mackenzie, inadequate margins could force the permanent closure of around 24% of the world’s petrochemical capacity by 2028. Petrochemical producers in Europe and Asia are…
To capitalize the fund, Azerbaijan is looking for at least $1 billion from ten major nations and corporations. The government of Azerbaijan, which is hosting the Cop29 climate meeting in…
Due to restrictions on oil output and the conflict between Israel and Gaza, the International Monetary Fund has lowered its growth projection for the economies in the Middle East. The…
There were a total of up to 930,000 UK chargers by the end of June as per ChargeUK which is a lobby group According to data there are almost 1…
The cost of living crisis has been an ongoing issue in the UK despite the inflation levels having reached close to normal now Food inflation in the UK is now…
The increasing demand of fossil fuels regardless of renewable energy usage can be used as a sticking point to lower the use of carbon energy As per the Global Carbon…
The total oil supply is predicted to rise to almost 114 million barrels a day by the next decade, 2030 which is 8 million barrels a day more than the…