Oil & gas: What makes this industry most profitable
According to IMF, the fossil fuel industry also benefits from subsidies of USD 16 billion a day....
Tag : oil and gas
The impact of rising energy bills on ordinary Europeans
This comes at a time when Europe and the UK as a whole are suffering from low reserves....
Kuwait oil revenues reach $38.10 bn in 2021
The gulf OPEC member recorded a budget deficit of Dh682.4 mn in the first nine months of the fiscal year...
Saudi Arabia’s growth forecast for 2022 is 4.9%: World Bank
World Bank also mentioned that Saudi Arabia would record 2.3% economic growth in 2023...
Saudi Arabia postpones the unveiling of its Riyadh 2030 strategy
Saudi Arabia is investing $220 bn to transform Riyadh into a global city by 2030...
Brazil auctions two large oil blocks, raises $2 bn
Total, Shell, Petronas and Petrobras among the winning bidders...
Petrobras hands contract to Offshore driller Seadrill for work in the Búzios field
Seadrill will commence work on December 2022 and the contract is for 1,040 days...
Are we headed for a global energy crisis?
Energy prices in Europe are soaring as supply takes a hit...
Saudi Aramco to continue seeking business opportunities in India
The announcement comes after Reliance Industries scrapped a plan to sell a stake in its oil-to-chemical unit...
Petrobras mulls selling 100% stake in the Catua Field, in the Campos Basin
The field is located around 128 kilometers from the coast...