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It’s Not Just Willow: Oil and Gas Projects Are Back in a Big Way

April 6, 2023. When the Biden administration greenlighted the enormous $8 billion Willow oil project on Alaska’s North Slope last month, many decried the move as a

Oil Market Report - April 2023 ?Analysis - IEA

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. OPEC+ is expected to drop by 760 kb/d. Global refining throughput is forecast to average 82 mb/d this year, 0.1 mb/d lower than in last month's Report due to weaker

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

The future of African oil and gas: Positioning for the energy

African oil and gas assets are on average 15 to 20 percent more costly to develop and operate and 70 to 80 percent more carbon intensive than global oil and gas assets. And as global capital pools for hydrocarbon projects begin to reduce, our analysis suggests the cost of oil and gas production in Africa is expected to rise, making African oil

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,

Where on Earth is big oil spending its $150bn profit bonanza?

Shell and Equinor, Norway state oil firm, signed an agreement with Tanzania to build a $30bn liquefied natural gas ( LNG) terminal in the east African country. TotalEnergies is investing in gas...

Oil Market Report March 2023 Analysis IEA

About this report. Following an 80 kb/d contraction in 4Q22, world oil demand growth is set to accelerate sharply over the course of 2023, from 710 kb/d in 1Q23 to 2.6 mb/d

It Not Just Willow: Oil and Gas Projects Are Back in a Big

New oil and gas projects Top 30 countries where projects are approved or expected to be approved in 2022 and 2023. Data does not include fracking. Million barrels of oil equivalent over...

Algeria Crude Oil: Production, 2002 2023 CEIC Data

Algeria Crude Oil: Production data is updated monthly, averaging 1,152.000 Barrel/Day th from Jan 2002 to Mar 2023, with 255 observations. The data

Algeria's Growth To Slow In 2023 As Hydrocarbon Production Peaks

We forecast Algeria economy will grow by 2.6% in 2023, marking a deceleration from a growth rate of 3.6% in 2022, which would put Algeria GDP growth in 2023 slightly below the pre-Covid-19 average of 2.7%. GDP Growth In 2023 Below Trend Algeria - Real GDP Growth, % & Contributions, pp f = Fitch Solutions forecast.