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Growth plans drive Russian oil giant's projects abroad

Location:

RUSSIA

The Rosneft company's growth strategy.

Price stabilisation will encourage US shale sector M&A

Location:

UNITED STATES

The current oil industry downturn has not led to the same sort of industry mega-mergers that previous down cycles have produced. However, as oil prices stabilise at 45-50 dollars…

Oil majors’ transition plans face conflicting demands

Location:

INTERNATIONAL

The US majors were less aggressive in their decarbonisation plans and performed better in 2022; their European counterparts are now looking to do the same.

Russia seeks return to oil growth despite demand fall

Location:

RUSSIA

Once the worst of the dual COVID-19 and low-price crises is over, it assumes a return to higher-volume production to support the domestic oil industry and the high export and…

Economic stress drains CIS sovereign wealth funds

Location:

CIS

Concern about the need to preserve one of the SWFs to support the pension system is probably a major reason behind the rejection. The Ministry of Economic Development had already…

Plans for Mexico’s Pemex look increasingly unrealistic

Location:

MEXICO

Pemex problems.

COVID-19 and oil shocks raise Gulf recession risks

Location:

GULF STATES

Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…

Renewables are raising global power sector efficiency

Location:

INTERNATIONAL

Use of renewable technologies in power generation.

Angola's onshore oil gamble unlikely to pay off

Location:

ANGOLA

A BP project will deliver a temporary production boost when it comes onstream later this year, but Angola needs other foreign energy companies to sanction new greenfield…

Azerbaijan faces hard search for new growth drivers

Location:

AZERBAIJAN

The government wants to develop non-hydrocarbon sectors to offset the growth and fiscal problems stemming from lower global oil prices. The economy contracted in 2016 for a second…