Global oil demand will peak by 2030, then supply will exceed demand, says IEA
The organisation stated that non-OPEC+ producers are leading the increase in global production capacity to satisfy this projected demand.
12 June 2024
12 June 2024
The organisation stated that non-OPEC+ producers are leading the increase in global production capacity to satisfy this projected demand.
The G7 nations imposed a price cap on Russia’s crude and oil products exports soon after the Ukraine invasion.
In response, the American Petroleum Institute said that the lawsuit was without merit.
The current agreement governing the pipeline is due to expire at the end of the year, raising concerns about potential disruptions to Europe's energy supply.
Following the transaction, Eni's holding in Saipem has been reduced to approximately 21.19%.
Wood’s teams in Basra and Dubai will execute the contract, which is expected to create 100 jobs.
Following the divestment, Wintershall Dea plans to close its Abu Dhabi office and cease all operations in the United Arab Emirates (UAE).
This $270m (Dh991.58m) transaction will increase Enersol's total equity stake in Gordon to 67.2%, making it the majority shareholder.
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