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Oil Review Middle East - Untitled Article

Oil Review Middle East

Rystad forecasts QatarEnergy will invest between US$14-15bn per year over the next few years as it continues to invest heavily in the North Field gas field and expanding LNG capacity, while ADNOCs expenditure, which reached US$5.7bn last year, is forecast to increase given its target of 5mn bpd production capacity by 2027.

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BP’s Big U-Turn: Why Is the Energy Giant Returning to Oil and Gas? Shell, Equinor, and Exxon Are Making the Same

Rextag

BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. To optimize profits, the company will focus on significant oil and gas projects, production expansion, and strategic asset divestments. million and 2.5 million barrels per day by 2030.

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Why Utilities Need to Prepare for V2G Fleets

True Energy

Industry analysis predicts that 10 to 20 per cent of US fleets will adopt V2G by 2027 , with other countries already continuing along the same trajectory. Allows for better integration of renewable energy sources by storing excess production. These abilities are already being explored. Make no mistake this is happening now.

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BRAZIL POTASH GRO-NYSE THE MOST COMPELLING BUSINESS CASE IN GLOBAL RESOURCES

Oil and Gas Investments

Production from Latin America represents just a sliver of overall supply. That mine is owned by Mosaic, who will give the mine a small increase in production in 2024 from 350,000 tonnes to 400K. But that is about to change when Brazil Potash’s Autazes mine lifts off into production. Getting to production is the challenge.

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