In 2022, investment increased to USD 12.3 billion for the upstream sector, or 93% of the USD 13.2 billion target7 (refer to Chapter 1.5 for a detailed explanation). However there is still a concern around lack of new reserve discoveries and reserve depletion; as the Indonesian upstream ...
With Russia taking a much bigger market share in India last year, OPEC’s share was dragged to its lowest in more than a decade. OPEC’s share of India’s crude imports shrank to 64.5% in 2022, from a peak 87% in 2008. Although the Russia-Ukraine war enabled the coun...
\n '),document.getElementById("yb-frm_phone_number").addEventListener("input",(function(e){let t=e.target.value;t=t.replace(/\D/g,""),e.target.value=t}));const n=$("#yb-modal-left-input-txt"),a=$("#yb-modal-submit"),o=$("#yb-error-message");a.click((function(){var...
BP eyes 44% increase in oil output at India’s flagship offshore field, says ONGC Published9 January 2025 9:51 GMT Hydrogen Supermajors’ planned North Sea hydrogen pipeline could save Germany up to €30 billion, says state energy minister ...
hydraulic fracturing. The development of new energy production in the North Sea, Canadian oil sands and off the coasts of Africa, Australia and the Americas has limited the global sway of OPEC and U.S. producers alike, amid rapid consumption growth in China, India and other developing ...
Share and Cite MDPI and ACS Style Samour, A.; Tawfik, O.I.; Radulescu, M.; Baldan, C.F. Do Oil Price, Renewable Energy, and Financial Development Matter for Environmental Quality in Oman? Novel Insights from Augmented ARDL Approach. Energies 2023, 16, 4574. https://doi.org/10.3390/...
Lastly, despite having declined from record levels in 2022, palm oil prices remain at very lucrative levels by historical standards. While China’s demand for palm oil has somewhat eased in recent years amid the country’s economic hiccup, India (which is another giant Asian economy) is showing...
generating nearly 90% of its electricity from renewable sources.81The country is also likely to continue increasing its blending mandates for ethanol and biodiesel, with a 15% target for the latter by 2026.82Moreover, the New Industry Brazil policy aims to increase the share of biofuels in the...
In all cases of these three countries' selected companies there is positive relationship between oil prices and earnings per share (in case of China and India there is strong correlation and moderate in case of Pakistan). We can say increasing the oil prices in the market will increase the ...
(2022) https://www.offshore-energy.biz/rystad-russian-crude-oil-diverted-from-europe-to-india-china-as-war-rebalances-trade-flows/ Google Scholar Reboredo, 2013 J.C. Reboredo Is gold a hedge or safe haven against oil price movements? Resour. Pol., 38 (2) (2013), pp. 130-137 View ...