Remove Energy Remove Gas Remove Oil
article thumbnail

IEA: The World Needs Upstream Oil and Gas Investment

OilPrice

The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston.

Upstream 360
article thumbnail

Russia Set to Resume Oil & Gas Operations in Iraqi Kurdistan 

OilPrice

Russia is to restart its key oil and gas operations in the semi-autonomous Kurdistan Region of Iraq (KRI) according to recent comments from its Energy Minister Sergei Tsivilev.

Operator 286
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IEA: The world needs upstream oil and gas investment

Oil & Gas 360º

(Oil Price) –The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston. Atkinson authored a report in partnership with Mark P.

Upstream 246
article thumbnail

Oil Prices Rebound on Resilient Demand Signals

OilPrice

Crude oil prices inched higher after starting the week with sharp losses, amid reports of rebounding Asian imports and a weaker dollar that should stimulate stronger demand. At the time of writing Brent crude was trading at $70.05 per barrel, with West Texas Intermediate at $66.75 per barrel, as the U.S. Even an estimated U.S.

Oil 266
article thumbnail

NOCs and the Evolving Energy Landscape in Latin America

OilPrice

Latin America has long been a dominant force in the global energy market, built on vast oil and gas reserves. While the world increasingly eyes renewable sources of energy for the future, hydrocarbons remain the bedrock of economic stability for the region.

Energy 254
article thumbnail

Can China Maintain Its Clean Energy Dominance?

OilPrice

Despite being the worlds biggest polluter, China is also a renewable energy superpower. Following decades of investment, China is the worlds biggest green energy producer, and its renewable energy capacity keeps on growing. As Chinas renewable energy sector continues to expand, how long will this last until the bubble bursts?

IT 274
article thumbnail

Africa’s Oil and Gas Investment to Hit $43 Billion in 2025

OilPrice

Operators and developers are expected to spend a total of $43 billion on oil and gas projects in Africa this year, as established producers and newcomers see growing investments, the African Energy Chamber said in a new report. This years capex is slightly lower compared to the $47 billion investments in 2024, which

Oil 169