Tag: OAPEC
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OAPEC Secretary General: Arab contribution to oil supplies will jump to 38%
OAPEC Secretary General, Eng. Jamal Issa Al-Loughani, expected the Arab countries’ contribution to global oil supplies to rise to more than 38% by 2050. In a speech obtained by the specialized energy platform, he said that future projections indicate that most of the increase in the world’s energy needs for many decades to come will…
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OAPEC Secretary General: 6 Arab countries have oil refineries that produce high-quality derivatives
OAPEC Secretary General Jamal Al-Loughani revealed a number of challenges facing the oil refining industry, in light of international efforts to reduce emissions in order to achieve carbon neutrality. In an article entitled “The Oil Refining Industry and Energy Transformation Initiatives,” Al-Lougati stressed that the decline in investments in hydrocarbon projects will have a serious…
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OAPEC Secretary General warns of new risks in the oil market
OAPEC Secretary General, Engineer Jamal Issa Al-Loughani, warned of new risks facing the global oil market, which is witnessing uncertainty after the re-introduction of the “No OPEC” bill. Today, Monday, April 3 (2023), the Secretary-General of the Organization of Arab Petroleum Exporting Countries (OAPEC) stated that some US senators are trying to put pressure on…
