The world can achieve a cleaner energy future if everyone starts using natural gas for the time being, according to the World energy minister during the G20 summit in Argentina from 13-14 June 2018
Industry
Algeria may amend energy law in early 2019
Algeria is set to finalise long-anticipated energy law by early 2019, according to Mustapha Guitouni, energy minister of Algeria
Global oil and gas explorers hope a brighter future, says Wood Mackenzie
The global oil and gas exploration sector has emerged from the downturn, leaner and keener than before, said Dr Andrew Latham, vice-president for global exploration at Wood Mackenzie, during the annual European Association of Geoscientists and Engineers (EAGE) Conference
OPEC’s meeting on 22 June likely to increase crude output
At the forefront of OPEC and non-OPEC meeting in Vienna on 22 June 2018, industry experts have forecasted that the oil-producing countries may abandon their historic supply pact in the second half of 2018 and raise oil output to meet global demand
MENA shows robust performance in energy sector amid geopolitical risks
In line with the initiatives to boost energy economy across the Middle East, the UAE and Kuwait have announced ambitious capacity targets for 2022 to invest more than US$220bn to develop the countries’ energy sector