19 January 2024
19 January 2024
While the International Energy Agency (IEA) predicts an oil peak before the end of this decade, the OPEC chief says the peak oil demand is unreliable.
The Ukrainian oil and gas company is in talks with German energy companies including RWE and Uniper over potential gas storage deals.
The fields in question – Breidablikk, Yggdrasil and Tyrving – are estimated to hold reserves of approximately 875 million barrels of oil equivalent (mboe).
The company is reportedly working to narrow the valuation disparity with US counterparts such as ExxonMobil and Chevron.
The Japanese oil and gas company, led by CEO Takayuki Ueda, is targeting a commencement date towards the end of this decade.
The World Economic Forum's AI Governance Alliance has explored the potential risks of advanced AI in three new reports.
The expansion of Train One is expected to increase the refinery's capacity by 15,000 barrels per day (bpd).
The proposed carve-out by Maha Energy aims to segregate 3R Petroleum's onshore oil concessions, midstream and downstream assets.
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Global Polycarbonate capacity is poised to see considerable growth over the next five years, potentially increasing from 7.59 mtpa in 2022 to 9.96 mtpa in 2027, registering a total growth of 31%. Around 13 planned and announced Polycarbonate projects are expected to come online in Asia over the upcoming years. Among countries, China is expected to lead Polycarbonate capacity additions by 2027, followed by India.
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