OPEC Lowers Forecast for Oil Demand in 2025
The Organization of the Petroleum Exporting Counties (OPEC) announced that it revised down the oil demand growth expectations for 2025 to 1.3 million barrels per day (mmbbl/d) compared to last year.
Expectations | Egypt Oil & Gas
WB: Egyptian Oil, Gas Exports to Increase 30.6% by 2022/23
The World Bank (WB) has expected that Egyptian Oil & Gas exports will increase by 30.6% to $23.5 billion during the fiscal year (FY) 2022/23.
Russia’s Economy Ministry Expects $337.5B in Energy Export Revenue
According to a document from the Russian economy ministry, higher gas export volumes coupled with increasing gas prices will increase Russia's energy export revenue to $337.5 billion this year, up 38% from 2021.
Petronas Expects Doubling of LNG Tankers by 2030
A Senior Executive at Malaysia’s Petroliam Nasional Bhd (Petronas) expects increasing the number of liquefied natural gas (LNG) to more than double by 2030 driven by the shipping industry’s desire to cut emissions ...
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