Igor Sechin, head of the Russian energy giant Rosneft , said on Saturday that Russia is losing out to OPEC+ countries due to a smaller share of its oil exports in production.
Helped by buoyant oil prices and a period of political calm at home and in the region, Iraq appears more stable than any time since the U.S.-led invasion, although the government's bid to cement gains with a budget splurge may prove a shaky foundation.
Kuwait Petroleum Corporation (KPC) sees continued good demand for oil from China in the second half of the year, its chief executive said on Thursday, speaking to Reuters as part of a podcast series hosted by the Al Attiyah Foundation.
Tanzania plans a 7% increase in overall government spending in the next fiscal year during which it will prioritise spending on railways, the national airline, electricity production and natural gas, Finance Minister Mwigulu Nchemba said on Thursday.
Equinor plans to expand its oil production in Brazil more than fivefold over the next decade, while also eyeing green energy projects especially in offshore wind power, an executive for the Norwegian energy giant said on Tuesday.