Post Tagged with: "Energy Minister"

Source: Reuters

Brazil exploring ways to import gas from Argentina’s Vaca Muerta play, energy minister says

Nasdaq


HOUSTON – Brazil is exploring ways to import natural gas from Argentina’s massive Vaca Muerta formation, including the possible reversal of a pipeline now used for transporting Bolivian gas, as it looks to ease its gas deficit, Mines and …

Source: CNBC

Saudi energy minister pins Aramco’s oil capacity halt on green transition

CNBC


Saudi’s state-controlled oil giant Aramco suspended its capacity expansion plans because of the green transition, Energy Minister Abdulaziz bin Salman said Monday, stressing that the future of energy security lies with renewables.

“I think we postponed this [Aramco capacity] …

Source: Reuters

Saudi Arabia’s energy minister tells short sellers to ‘watch out’

Oil Price


Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman has warned traders, again, against shorting oil futures, less than two weeks before the OPEC+ panel on production policy meets on June 4.

Prince Abdulaziz bin Salman promised oil speculators …

May 23, 2023 - 1:00 pm Capital Markets, Crude Oil News, Energy News, Middle East
Source: Oil Price

Oman’s Energy Minister: It’s foolish to assume renewables can meet global demand

Oil Price


The world’s energy needs will only grow, and it would be “foolish” to think that rising demand can be met with renewables alone, Oman’s Energy Minister Salim Al-Aufi told CNBC on Tuesday.

Energy needs to be affordable and …

Source; Oil Price

UAE believes the oil industry is in “Decline Mode”

Oil Price


Crude oil is in “decline mode” in the long term, OPEC heavyweight the United Arab Emirates (UAE) says.

 

“To assume oil is going to be there forever is wishful thinking,” the UAE’s Energy Minister Suhail Al-Mazrouei said …

Source: Reuters

Saudi energy minister says effective global oil cuts above 19 million bpd

Reuters


DUBAI – Saudi Arabia’s energy minister said on Monday that effective global oil supply cuts would amount to around 19.5 million barrels per day, taking into account the reduction pact agreed by OPEC+, pledges by other G20 nations and …