The legislation is aimed at reducing carbon emissions and shifting consumers to green energy,

Al-Ghais noted that oil investments have not yet returned to pre-pandemic levels. He said it is difficult to forecast oil markets due to the current global economic conditions.

Saudi Arabia would be looking to secure investments in untapped business sectors, including green hydrogen, renewable energy, and information technology.

The Committee decided to raise the target range for the federal funds rate to 2-1/4 to 2-1/2 percent and anticipates that ongoing increases in the target range will be appropriate.

The company boosted coal production by 6.2% to 300 million tons and increased sales to 390 million tons.

The two programs – the Carbon Capture Demonstration Projects Program and the Carbon Dioxide Transport/Front-End Engineering Design (FEED) Program – are funded by a more than $2.6 billion investment from President Biden’s Bipartisan Infrastructure Law.

Total oil demand is projected to average 100.3 mb/d. For 2023, world oil demand growth is expected to reach 2.7 mb/d to average 103.0 mb/d.

Закупки валют недружественных стран, прежде всего долларов и евро, сейчас невозможны. В обозримом будущем картина не изменится. Для нас эти валюты токсичны: наши резервы заморожены, активы бизнеса арестованы, вводятся ограничения на расчеты.

The oil ministry said June 29 that India would allow operators to sell locally-produced crude in the domestic market without restrictions from Oct. 1, but restrictions on exporting locally-produced crude would remain.

Parliament has rejected a motion to oppose the inclusion of nuclear and gas as environmentally sustainable economic activities.

The European Commission has approved a €5bn French scheme to support energy-intensive companies that have been particularly hit by the recent increase in energy prices.

Таким образом, совокупный объем средств дополнительных нефтегазовых доходов составляет +398,0 млрд руб.

По состоянию на 1 июля 2022 г. объем ФНБ составил 10 774 981,5 млн рублей, что эквивалентно 210 621,6 млн долл. США,

Last week we saw major volatility on the Oil tabs especially on the Bearish alignment,as the rangebound zones maintained within the Crude Oil WTI

Romanian company Nuclearelectrica and NuScale will cooperate with the US Trade and Development Agency (USTDA) on a series of engineering and design activities and studies, as well further technical analyses of the Doicești site, a former thermal power plant site which has been identified as a potential location for the SMR plant.