Tag: sector
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OPEC Secretary General: The oil and gas sector is an important partner in facing the climate change crisis
OPEC Secretary General Haitham Al-Ghais stressed the role that the oil and gas sector can play in addressing the negative effects of the climate change crisis. He stressed that the global energy scene requires a common vision that links 3 main challenges to energy sustainability, represented in energy security, affordability, and reducing emissions. The Secretary-General…
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Geopolitical Dimensions in the Energy Sector of the Strategic Alliance between Iran and Venezuela (Article)
Read in this article Venezuela appears to play a major role in meeting the energy needs of the United States Oil exports in Iran have witnessed a significant recovery, and are currently estimated at about 1.5 million barrels per day. Venezuela has seen a significant drop in its exports due to US sanctions Iranian technical…
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Developments of the Oil and Gas Sector in Iran within the Seventh Development Plan (Article)
Read in this article • The plan aims primarily to address the biggest economic problems facing the country • The Sixth Development Plan faced major challenges in the petroleum industry • The policies of the Seventh Development Plan do not provide a clear pattern of development and transformation in the oil and energy sector •…
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Investment in the Algerian energy sector attracts a Saudi company
The Algerian energy sector continues to attract foreign investments and the attention of regional and international companies, especially operating in the oil, gas, petrochemical and fuel sectors, with the aim of establishing joint investment projects, given the promising opportunities that this sector provides that predict huge investments that generate returns that energy companies are looking…
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Colombia’s oil and gas sector plans to award new exploration licenses
The oil and gas sector in Colombia plans to increase the number of new licenses granted in the field of exploration, in an effort by the country’s government to enhance its reserves of the two vital commodities. The Latin country, which is currently experiencing a dire economic situation, represented by skyrocketing inflation rates and a…
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Shell faces accusations of helping Iran profit from the Iraqi energy sector
Read in this article The Iranian Mabna Company is the largest beneficiary of the Rumaila power station in Iraq The Rumaila power station is preparing to supply a project supported by Shell Mapna is evidence of Iranian penetration in the Iraqi energy sector The Shell joint venture has won wide acclaim for its important role…
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A Canadian company lures the Egyptian oil sector with a “fake” project.. What’s the story?
A Canadian company is seeking to convince the Egyptian oil sector of its technical solutions to reduce emissions from crude transport operations, through a project aimed at converting liquid oil into solid. In this context, Minister of Petroleum and Mineral Resources Tarek El-Molla and Minister of Environment Yasmine Fouad held a meeting via visual communication…
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The largest corruption case in the Algerian energy sector pushes Sonatrach to new rules
The largest corruption case in the Algerian energy sector prompted the Sonatrach group to define its plan to combat manifestations of corruption practices and bribery transactions, phenomena that toppled several officials in this sector, including ministers, general managers, and others, whose cases are still being discussed in the corridors of the courts. In order to…
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The latest oil discovery in Türkiye strongly supports the energy sector (article)
Read in this article • The recent oil discovery is important for Turkey because of its heavy dependence on energy imports for many years • Expectations that this discovery will reduce Türkiye’s dependence on energy and increase its domestic oil production • Türkiye will no longer depend on foreign energy sources and will become an…
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The Canadian oil sector is about to break free from the exploitation of US refineries
The Canadian oil sector is seeking to break free from the exploitation of US refineries by trying to open new markets for crude in Asia, with the support of Prime Minister Justin Trudeau. Canadian oil companies are awaiting the opening of the Trans Mountain oil pipeline expansion during the first quarter of 2024, to launch…
