OPEC (Organization of the Petroleum Exporting Countries) is adjusting its forecast for world oil demand in 2024 slightly downwards, due to economic uncertainties in China, the main driver of global consumption.
OPEC (Organization of the Petroleum Exporting Countries) is adjusting its forecast for world oil demand in 2024 slightly downwards, due to economic uncertainties in China, the main driver of global consumption.
Global overcapacity in the petrochemicals sector, exacerbated by Chinese expansion and energy costs in Europe, is forcing companies to undertake drastic restructuring, including plant closures and strategic consolidations.
Global overcapacity in the petrochemicals sector, exacerbated by Chinese expansion and energy costs in Europe, is forcing companies to undertake drastic restructuring, including plant closures and strategic consolidations.
In July, OPEC+ produced 437,000 barrels per day in excess of quotas, jeopardizing reduction plans and exacerbating the challenges facing an oil market already under pressure.
In July, OPEC+ produced 437,000 barrels per day in excess of quotas, jeopardizing reduction plans and exacerbating the challenges facing an oil market already under pressure.
Goldman Sachs believes that the next US president will have limited means to significantly increase oil supply in 2025, due to low strategic reserves and regulatory hurdles.
Goldman Sachs believes that the next US president will have limited means to significantly increase oil supply in 2025, due to low strategic reserves and regulatory hurdles.
A report by Wood Mackenzie reveals that replacing Norwegian hydrocarbons with imports would increase emissions by 230 million tonnes of CO2 from 2024 to 2040.
A report by Wood Mackenzie reveals that replacing Norwegian hydrocarbons with imports would increase emissions by 230 million tonnes of CO2 from 2024 to 2040.
Harbour Energy confirms the progress of its Talbot project in the North Sea, with commissioning scheduled by the end of 2024, aimed at increasing oil and gas production.
Harbour Energy confirms the progress of its Talbot project in the North Sea, with commissioning scheduled by the end of 2024, aimed at increasing oil and gas production.
