How Russia's war in Ukraine is changing the world's oil markets
Russia's war in Ukraine is causing a profound and permanent shift in the world's oil markets, creating new geopolitical alliances. Analysts say it's comparable to
How Russia's war in Ukraine is changing the world's oil ... - NPR
David Goldwyn says Europe is looking to other Mideast countries for oil and places like Qatar and Algeria for natural gas. New fields are coming online in Africa. And Goldwyn says the U.S....
Oil Market Report February 2023 Analysis IEA
Their 2023 budget is based on a Urals price of $70.10/bbl, but the grade’s export price averaged just $49.48/bbl in January versus $82/bbl for North Sea Dated. As a result,
Sonatrach announces six new oil discoveries in Algeria
April 12, 2023 Sonatrach, Algeria state-owned energy company, has announced six new oil discoveries in the North African country. Sonatrach, one of the world largest oil companies, said in a statement that the discoveries were made in the first quarter of this year.
Oil Market Report April 2023 Analysis IEA International
For the year as a whole, global oil production growth slows to 1.2 mb/d versus 4.6 mb/d in 2022. Non-OPEC+, led by the US and Brazil, drives the 2023 expansion, rising 1.9 mb/d.
Algeria: Will Sonatrach benefit from the crisis in Ukraine?
This upward trend is expected to continue, due to the effect that the Russian-Ukrainian crisis has had on the price of oil and gas. It seems that 2021 was a good year for the Algerian hydrocarbon company Sonatrach. Its turnover went from $20 to $35bn within the space of a year, its exports increased to 13m tonnes of oil equivalent (TOE) in 2021
Sonatrach announces six new oil discoveries in Algeria
Background: Algeria’s oil exports reached a record 56 billion cubic meters in 2022, with officials saying that the number will likely be higher this year. The director of
Oil Market Report - February 2023 ?Analysis - IEA
Their 2023 budget is based on a Urals price of $70.10/bbl, but the grade export price averaged just $49.48/bbl in January versus $82/bbl for North Sea Dated. As a result, Russia fiscal revenues from oil operations plunged 48% y-o-y in January to 310 billion roubles (or $4.2 bn), while export revenues dropped 36% to $13 billion.
Naftogaz held talks with US oil companies about energy
US weekly natgas rig count falls by most since 2016 -Baker Hughes Exploration & Production category · May 12, 2023 · 5:46 PM UTC The U.S. oil
Eni, Total, Occidental sign $4 bn Algeria oil contract
Italy's Eni, US major Occidental, France's Total and the Algerian group Sonatrach signed a $4 billion oil and gas production-sharing contract Tuesday for the Berkine field in the country's southeast.
