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The World Economic Forum’s recent annual meeting was held against the backdrop of a post-COVID-19 economic rebound, the Russia-Ukraine war, higher global energy prices, and energy supply shortages in Europe. This is creating an interesting debate among delegates in Davos, Switzerland over the pull between the need for energy security and sustainability at the same time. The
Doha: The 13th Special Envoys for Data and Statistics (SEDAS) Meeting of the Gas Exporting Countries Forum (GECF) was held on March 15 via videoconfer...
Organisation of the Petroleum Exporting Countries (Opec) said the proven crude oil reserves in the bloc’s member countries increased by 0.3 per cent to 1.237 trillion barrels at the end of 2020, following a firm increase its previous year. At the end of 2020, world proven natural gas reserves fell by 0.4 percent to approximately ...
World proven crude oil reserves stood at 1.549 trillion barrels at the end of last year, increasing by 0.2 per cent from the level of 1.546 trillion barrels recorded at the end of 2019, according to 2021 edition of its Annual Statistical Bulletin (ASB).