В целом страны ОПЕК+ успешно исполняют рекомендации по наращиванию добычи: исполнение сделки в декабре 2021 года достигало 122%.

Reconfirm the production adjustment plan and the monthly production adjustment mechanism approved at the 19th ONOMM and the decision to adjust upward the monthly overall production by 0.4 mb/d for the month of March 2022.

In January 2021, Azerbaijan started commercial gas supplies to Europe via the Trans-Adriatic Pipeline, which entered operations in November 2020.

Demand is expected to surpass pre-pandemic levels in the second half of the year "with a healthy recovery trend," the analysis showed, easing the market oversupply to 1.2 million b/d in the third quarter and 1.1 million b/d in the fourth.

Already, oil prices have hit seven-year highs in recent days over the ratcheting tensions between the West and Russia over Ukraine.

Federal oil exports in January dropped to 3.203 million b/d from 3.277 million b/d in December, according to the ministry figures.

Neom, which will be built along Saudi Arabia's borders with Jordan and just across the narrow Strait of Aqaba from Egypt's Sinai Peninsula, is a linchpin of the world's largest oil exporter's plans to diversify its fossil fuels-dominated economy.

На встрече обсуждались концептуальные вопросы по проектам международных договоров о формировании общего рынка газа и общих рынков нефти и нефтепродуктов ЕАЭС.

LPG exports from Iran since July-August 2021 were hovering near two-year highs of around 500,000 mt/month

“the Iraqi-Saudi cooperation is not limited to the electrical connection only, but rather it is the beginning of a joint collective action,” Iraqi News Agency reported, citing the Prince.

The project, by Dubai Electricity and Water Authority, is located on 10 square kilometers of the Mohammed bin Rashid Al Maktoum Solar Park. It has an accumulated capacity of 900 megawatts, the National News reported.

Turkey's total installed power in electricity has reached 99,819 megawatts as of the end of 2021, of which 7,815 megawatts came supplied by solar power plants (SPP),

The agreement between Iran and world powers lifted sanctions against Tehran in exchange for restrictions on its atomic activities.

The exchange between the public and private sector industry experts in Canada and the UAE provided an unprecedented opportunity to discuss the recent developments, challenges, and opportunities in hydrogen and decarbonisation in Canada, the UAE, and wider MENA region, and to forge future partnerships.

Private sector firms in Saudi Arabia will be encouraged to import hydrogen-powered vehicles as part of the Kingdom's green iniative