TECHNOLOGIE & TRANSFORMATION VON FOSSILEN UND GRÜNEN ENERGIETRÄGERN TECHNOLOGY & TRANSFORMATION OF FOSSIL AND GREEN ENERGIES

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Petroleum

Saudi Arabia announces increase in oil and gas production capacity

At the opening of the International Petroleum Technology Conference (IPTC) 2022, which will be held in Riyadh from February 20-23, the Saudi energy minister announced a continuation of investment in oil and gas production - coupled with an increase in production capacity ...

Russia remains most important oil supplier, USA catching up

In view of the current conflict between Russia and Ukraine, the crude oil import data of the German Federal Office of Economics and Export Control (BAFA) recently attracted particular attention. This is because they prove Russia's role as the most important oil supplier ...

Can’t or won’t OPEC meet its production targets?

The White House sent two staffers to Saudi Arabia in mid-February to urge the kingdom to produce more oil. The background is fears that energy prices could rise further in the event of a Russian invasion of Ukraine. President Joe Biden had warned of such a price increase scenario...