17 April 2024
17 April 2024
The International Monetary Fund (IMF) has warned the escalating tensions in the Middle East could lead to an increase in oil prices and inflation.
The Azeri Central East (ACE) project, valued at $6bn (10.2bn manat), is the seventh platform in the Azeri-Chirag-Gunashli (ACG) field.
The southern African nation could start producing oil in 2030.
The company is also in the preliminary stages of planning new liquefied natural gas (LNG) import terminals.
The closure of the Groningen gas field is effective from 1 October 2024.
Belgium, France, the Netherlands and Spain have continued to buy liquefied natural gas (LNG) from Russia.
The US announced on Monday that it will not renew a temporary licence for Venezuela's oil and gas sector until President Maduro commits to free and fair elections.
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