Growth in the world’s demand for oil is set to slow almost to a halt in the coming years, with the high prices and security of supply concerns highlighted by the global energy crisis hastening the shift towards cleaner energy technologies, according to a new IEA report released today
Industry
Europe and Africa can start a win-win deal, says Technip-Senegal president
Franck Pliya, executive president Technip Energies Senegal and vice president business development west and central Africa, speaks on the competitive edge of European investors at the Invest in African Energy Forum in Paris to be held on 1 June
Oil and gas can save Egypt's struggling economy, predicts GlobalData
Egypts economic prospects are expected to be negatively impacted by import controls, inflation resulting from a substantial weakening of the Egyptian pound, and the implementation of aggressive monetary policy tightening measures
Tendeka appoints new global advisor for production enhancement
Global completions specialist, Tendeka, has appointed Paul Clark as global advisor for production enhancement
OPEC+ lowers production targets for 2024
OPEC+ maintains production targets for 2023, lowers for 2024, as Saudi Arabia announces additional 1 mn barrels per day voluntary cuts in July