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OPEC Revises Down 2021 Global Oil Demand, Keeps it Unchanged for 2022

OPEC Revises Down 2021 Global Oil Demand, Keeps it Unchanged for 2022

The Organization of Petroleum Exporting Countries (OPEC) lowered its global oil demand forecast for 2021 by 140,000 barrels per day (bpd) but kept growth unchanged for 2022 at 4.2 million bpd, the group said in its Monthly Oil Market Report on Wednesday

Russian Petchem Giant SIBUR to Boost Investments to Meet Greater Turkish Demand

Russian Petchem Giant SIBUR to Boost Investments to Meet Greater Turkish Demand

Russia's largest petrochemical plant SIBUR plans to expand investments in facilities in Russia to meet Turkey's growing domestic demand, the executive director for Marketing and Sales, Procurement, Innovation and Business Development told Anadolu Agency in a recent interview

Serbia to Sell Jaroslav Černi Water Institute

Serbia to Sell Jaroslav Černi Water Institute

The Ministry of Economy has invited bids for the sale of the Jaroslav Černi Water Institute. It is the leading scientific research organization in the water sector in Serbia

Qatar Cant Help Red Hot Gas Markets as Production at Maximum

Qatar Can't Help Red Hot Gas Markets as Production at Maximum

Qatar, the world's largest supplier of liquefied natural gas, said on Monday it can't help ease the red hot gas market because it has allocated all its output and believes the high prices are destructive for demand

Gazprom Says Gas Supply to European Consumers Ramped Up

Gazprom Says Gas Supply to European Consumers Ramped Up

Russia's state-controlled energy giant Gazprom on Friday said gas supplies to European consumers were ramped up in line with existing contractual commitments and consumer demands

Britain’s Gas Crisis, Explained

Britain’s Gas Crisis, Explained

A shortage of truck drivers has led to empty fuel pumps around the country, creating long lines at gas stations and panic buying

Oil to Have Largest Share of Global Energy Mix Until 2045: OPEC

Oil to Have Largest Share of Global Energy Mix Until 2045: OPEC

Oil will continue as the fuel with the largest share of the global energy mix until 2045, according to the World Oil Outlook 2045 of the Organization of the Petroleum Exporting Countries (OPEC) published on Tuesday

Two Biomass Heating Plants to be Operational in Serbia as of October 1

Two Biomass Heating Plants to be Operational in Serbia as of October 1

The first two big biomass heating plants in Serbia will become operational on October 1 in the towns Priboj and Mali Zvornik will be operational. The facilities with an installed capacity of 9.8 megawatts (MW) will use wood chips instead of coal, fuel oil and natural gas, which will reduce environmental pollution and the expenses for local budgets