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OPEC Sticks to Oil Demand View, Shifts Key Forecast to OPEC+

OPEC Sticks to Oil Demand View, Shifts Key Forecast to OPEC+

OPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it would switch to focus on projected demand for OPEC+ crude, reflecting that the wider group is now the main forum for cooperation in the market

Trump Vows to Target EVs, LNG Exports in Meeting With Oil CEOs -Report

Trump Vows to Target EVs, LNG Exports in Meeting With Oil CEOs -Report

Republican presidential candidate Donald Trump vowed to reverse dozens of the Biden administration's environmental rules and policies at a meeting with top U.S. oil executives, where he also asked them to raise $1 billion for his presidential campaign, the Washington Post reported on Thursday

Croatia to Provide 250 Mln Euro in Energy Efficiency Loans

Croatia to Provide 250 Mln Euro in Energy Efficiency Loans

The Croatian state-owned development bank HBOR and the ministry of regional development and EU funds have agreed to provide 250 million euro ($268 million) in loans to companies for energy efficiency projects, HBOR on Tuesday

Serbia Adopts MoU With EDF on Energy Cooperation

Serbia Adopts MoU With EDF on Energy Cooperation

Serbia's government adopted a Memorandum of Understanding (MoU) with French state-owned energy giant Electricite de France (EDF) on long-term cooperation in the field of energy transition and low-carbon technology, the energy ministry said on Friday

Volkswagen EVs Cant Keep Up in China, CEO Tells Newspaper

Volkswagen EVs 'Can't Keep Up' in China, CEO Tells Newspaper

Volkswagen wants to avoid setting "utopian" goals for its market share in China, its CEO told German newspaper FAZ on Friday, adding that anything above 10% was "very respectable" given the intense competition

Global Natural Gas Investments to Reach Almost $9 Trillion By 2050

Global Natural Gas Investments to Reach Almost $9 Trillion By 2050

The Gas Exporting Countries Forum's (2050) forecast report projects that global natural gas investments will total almost $9 trillion by 2050, with $8.2 trillion directed toward the upstream sector and $0.74 trillion for the midstream sector