Saudi Aramco Ordered to Lower Production Capacity Target
Saudi Aramco was asked by the Ministry to step back to the previous target of 12 ...
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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. ...
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 ...
Hydrogen, the Next Gold, Oil or Just a Fallacy?
FDE has applied for a permit to conduct in-depth mining exploration called the Trois-Eveches Permit, for ...
IAEA and Saudi Arabia Discuss the Development of Nuclear Energy
The IAEA with KHNP is in active discussions with Saudi Arabia to make its nuclear dream ...
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% ...
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 ...
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 ...
Exxon’s Acquisition of Pioneer for $60 billion: A Game Changer in the Shale Oil Industry
The deal would allow Exxon to enhance its output in the Permian region to the equivalent ...
Africa Becomes the New Playground for Oil Giants
With its recent crude discoveries, Africa has shot to the limelight as the new hunting ground ...
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