all available information about oil wealth
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The global price of a barrel of oil is turning higher… and Brent crude is near $88 (update)
The global price of a barrel of oil turned upward, during today’s trading, Monday, January 23, 2023, with the prospect of an economic recovery in China, the largest oil importer this year. The oil markets had started trading on a decline amid limited trading due to the Lunar New Year holiday in East Asia, maintaining…
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Energy security is a major axis for strengthening relations between America and the Gulf states (article)
Read in this article The United States has become one of the largest producers of LNG in recent years America, along with Qatar, has become the world’s two largest exporters of liquefied natural gas The Petrochemical Industry Can Play an Important Role in Transitioning to a Carbon Neutral Society Qatar’s capacity to produce various types…
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Anas Al-Hajji: The oil price ceiling did not reduce Russia’s revenues
Energy platform editorial advisor, energy economics expert Dr. Anas Al-Hajji, said that everything issued by the US Treasury Department regarding the oil price ceiling is a kind of unfounded propaganda. Al-Hajji explained – in the program “Energy humanitiesHe presented an episode of it on Twitter entitled “The World Between Extremism and Rationality… Between Price Ceilings…
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The global price of a barrel of oil has risen… and Brent crude is above $86 – (Update)
The global price of a barrel of oil increased by more than 1% at the close of trading today, Thursday, January 19 (2023), amid fears of declining supplies. Oil markets compensated for the losses incurred earlier in the session, supported by expectations of an increase in Chinese demand, and more restrictions on Russian exports that…
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The global price of a barrel of oil rises and records weekly gains – (Update)
The price of a barrel of oil rose globally by more than 1.5%, at the end of trading today, Friday, January 20, 2023, to reap weekly gains for the second time in a row. This is largely driven by China’s bright economic prospects. This will boost fuel demand in the world’s second largest economy. The…
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Shock in the oil and gas sector in the Netherlands after the announcement of the cessation of onshore exploration
The oil and gas sector in the Netherlands is preparing to receive an additional deflationary shock, after the government announced the suspension of new onshore exploration activities. Today, Friday, January 20 (2023), the Dutch government announced its readiness to stop research and land exploration activities for fossil fuel sources, according to Reuters. The Dutch government…
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The American “SLB” strengthens its presence in Russia after the exit of competing companies
At a time when international energy companies rushed to exit Russia after the outbreak of the Ukrainian war, the American company SLB began to acquire contracts for services and equipment from these companies and established its presence in Moscow. The company – which is based in the US state of Texas and abandoned the name…
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The global price of a barrel of oil has risen… and Brent crude is near $87
The price of a barrel of oil rose globally, during today’s trading, Friday, January 20, 2023, and is heading to reap weekly gains for the second time in a row. This is largely driven by China’s bright economic prospects. This will boost fuel demand in the world’s second largest economy. The global price of a…
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UAE’s ADNOC Distribution relies on solar energy and biofuels to reduce emissions
The UAE company, ADNOC Distribution, relies on biofuel and operates fuel stations with solar energy, as part of its plan to reduce its emissions by 25% by 2030. And the Emirati company announced today, Friday, January 20, 2023, by focusing on the sustainability of its daily operations, to enhance its business and future competitiveness and…
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Qatar Energy lowers the price of Al-Shaheen crude oil to the lowest level in 21 months
Qatar Energy Company intends to reduce the official selling prices for Al-Shaheen crude, loading next March, in conjunction with the volatile dealings in the oil markets. Qatar set the future price of Al-Shaheen crude in March at a premium of $1.37 a barrel above Dubai prices, the lowest level since June 2021. The new cut…