Utility
Surge in Gas Investment in Europe Fuels $223 Billion in Environmental Concerns
This year, Europe’s fuel consumption has increased by 3%, staying slightly higher than the global average....
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The OPEC Fund Rating Upgraded to AA+, With a Stable Outlook
The stable outlook shows that the risk-averse management team of the OPEC Fund and its enhanced...
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US to Set a Global Record for Highest Oil Production by Any Country Ever
The President of the United States, Joe Biden, wants to end the use of fossil fuels...
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Oil Investors are Worried About Various Concerns Amidst Oversupply in 2024
Global oil investors will be waiting for the supply data from the first quarter from OPEC+...
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Vitol, CNOOC with Others Shortlisted for Shell’s Bukom Assets
Switzerland-based Vitol Bukom facility will be an advantageous oil storage and distribution juncture Vitol, an international...
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India and Africa Driving Global Crude Oil Demand to 112 Mln bpd by 2030
It is anticipated that the Indian market for chemical commodity products will expand by around 7%...
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Russia Prefers to Keep Oil Output Unchanged Ahead of OPEC+ Meeting
Russia has little to no extra advantage by reducing its oil supply like its Arab counterparts...
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United Nations Report Exposes Lofty Promises Of Oil-Producing Nations
The United Nations Environment Programme report found that the planned increase of the top 20 countries...
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Oil Majors Pour Billions Into M&A To Defy Predictions Of Energy Experts
The International Energy Agency (I.E.A.) published a comprehensive report showcasing that the demand for non-renewable fuels...
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COP28 to Mediate Between Oil Industry and Global Partners to Solve the Climate Crisis
The COP28 will be kicked off with the inaugural event- COP28 Business & Philanthropy Climate Forum,...
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