Oman forecasts a 10% increase in oil production by 2023 Oman's Ministry of Finance estimates that oil production in the Gulf state will increase by more than 10 percent to 1.175 million ba…
Fatih Birol, executive director of the International Energy Agency (IEA), said Wednesday that the European Union could face a shortage of about 27 billion cubic meters of gas in 2023, or about 6.8 percent of the bloc's benchmark total gas demand.…
Russia's insistence on paying for Russian gas in rubles has rattled European countries: Greece held an emergency meeting of suppliers, the Dutch government would urge consumers to use less gas, and the French energy regulator told consumers not t…
Recently, the Russian President hosted a meeting with oil and gas industry representatives. He said that the refusal of some Western countries to cooperate normally with Russia and deny some Russian energy resources has hit millions of European peop…