Saudi Arabia
They said Riyadh’s decision to boost oil output has contributed to a disruption in global oil prices on top of already buckling financial markets
The Commission said it would not raise any competition concerns because the joint venture will not be active in the European Economic Area
Energy Minister Prince Abdulaziz bin Salman announced production would be back online to normal levels by the end of the month
The attacks early on Saturday morning knocked 5% off the world’s total oil supply
Prince Abdulaziz bin Salman has been sworn in as the new Minister of Energy – the first time the oil portfolio has been given to a member of the royal family
The 400MW project will also be the largest project of its kind in the Middle East
It is investing in three plants which are expected to begin production in 2025
It will provide technical experts in the fields of environmental law, air quality management and climate change
The Middle Eastern oil giant says it aims to diversify its energy mix and increase grid flexibility
The country saw a ‘spectacular growth’ of 2.2m barrels per day last year
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