Following several major oil discoveries in recent months, Turkey is optimistic about its energy potential
Norway appears to remain firmly committed to its oil and gas operations despite leading the green transition
Saudi Arabia is making money from diesel trading after the EU embargo on Russian fuels, as the world’s top crude exporter is now importing record volumes of cheap diesel from Russia and exporting record levels of its own diesel to the higher-priced Asian market in the Singapore hub, trading and ship-tracking sources have told Reuters.
Saudi Arabia is making money from diesel trading after the EU embargo on Russian fuels, as the world’s top crude exporter is now importing record volumes of cheap diesel from Russia and exporting record levels of its own diesel to the higher-priced Asian market in the Singapore hub, trading and ship-tracking sources have told Reuters.
In short, it depends, Ed Morse, the Global Head of Commodities Research at Citi, told Rigzone.
The country’s upstream oil and gas industry is expected to witness some positive sentiments following the submission of a plan of development (PoD) of Deepwater Tano Cape Three Points (DWT/CTP) block to the Ministry of Energy by Pecan Energies.
The Ghana Upstream Petroleum Chamber and Ghana Revenue Authority have started a series of quarterly seminars between them to improve the understanding of each other’s needs and enhance collaboration.
Russia would prefer its partners of the OPEC+ group to leave oil production unchanged when it meets next week, as Moscow is okay with the current oil prices and production quotas, sources with knowledge of the Russian position told Reuters on Friday.
Despite big promises of a green transition and the creation of ambitious climate pledges, some countries are continuing to support the development of new coal mines.
Solar power has been touted as the cheapest available source of energy for several years now. Solar power proponents have been talking about the consistent decline in the cost of raw materials and panel production. They have also talked about LCOE.