Energy giant BP has reported record annual profits as it scaled back plans to reduce the amount of oil and gas it produces by 2030.
Russia’s budget was $24.7 billion (1.76 trillion rubles) into deficit in January
Before the invasion of Ukraine, India was a small marginal buyer of Russian crude oil
Europe has always been an importer of energy, so the energy transition offers an unparalleled opportunity for the EU to flip the switch and secure its energy sovereignty.
Despite a relatively underwhelming rebound in Chinese demand, oil prices were pushed higher at the start of this week by the embargo on Russian oil products and the earthquake in Turkey which took an oil terminal offline
Russian foreign minister head of a large delegation that includes ‘oil and gas companies and investors’, with Iraqi foreign ministry confirming ‘Iraq’s openness to all of its friends’
The Legislature has shifted into high gear, and it is at this moment – as work and priorities unfold – that lawmakers and the public must remain focused on addressing New Mexico’s budgetary over-dependence on fossil fuels.
On Sunday, the European Union enacted its latest embargo against Russia, banning the import of the country’s diesel fuel and other oil products amid their ongoing invasion of Ukraine.
The oil and gas market in the Middle East is not immune to global uncertainty, and its outlook is often determined by external factors
Bengaluru, Feb 6 (IANS): OPEC Secretary General Haitham Al Ghais on Monday said that by 2045, an investment of $12 trillion is needed in the oil and gas sector, which suffers from chronic underinvestment.