At the opening of the International Petroleum Technology Conference (IPTC) 2022, which will be held in Riyadh from February 20-23, the Saudi energy minister announced a continuation of investment in oil and gas production - coupled with an increase in production capacity ...
The White House sent two staffers to Saudi Arabia in mid-February to urge the kingdom to produce more oil. The background is fears that energy prices could rise further in the event of a Russian invasion of Ukraine. President Joe Biden had warned of such a price increase scenario...
According to the latest gas market report from the International Energy Agency (IEA), supply in international markets in 2021 failed to keep pace with the 4.6 percent increase in global demand for natural gas compared to 2020. This has led to shortages ...
The U.S. wants to help secure gas supplies to the EU with more LNG if Russia stops or further reduces its gas supplies to the EU. This is according to the conclusions of the US-EU Energy Council, to which EU Energy Commissioner Kadri Simson ...
