OPEC Secretary General: Global Energy Demand to Rise 23% by 2045

• Monday, 26th June 2023
• by Israa Ibrahim

OPEC, Organization of the Petroleum Exporting Countries, anticipates that global energy will increase by 23% by 2045 and overall demand will surge to 110 million barrels per day, according to Haitham Al Ghais, OPE ...

Nigeria’s Oil Reserves Reached 27b Barrels

• Wednesday, 28th December 2016
• by Editorial Team

The Nigerian National Petroleum Corporation (NNPC) has announced that the country’s oil and gas reserves has increased to 37b barrels.

US Shale Oil Producers Restart Rigs

• Tuesday, 7th June 2016
• by Egypt Oil & Gas

Rigs targeting crude in the US rose by 9 to 325 in the last week of May and demand come closer into balance, Baker Hughes said adding that explorers have idled more than 1,000 oil rigs since the start of last year.