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Oil Producers on Track to Set $348B Cash Flow Record

Oil Producers on Track to Set $348B Cash Flow Record
rigzone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rigzone.com Daily Mail and Mail on Sunday newspapers.

Espen Erlingsen , Rystad Energy ,

Nigeria, Other Oil Countries at Serious Risk as Energy Transition Bites

Nigeria, Other Oil Countries at Serious Risk as Energy Transition Bites
Nigeria, Other Oil Countries at Serious Risk as Energy Transition Bites
With the reluctance of the Buhari administration to yield to the quest of the Nigerian people for restructuring, what is Nigeria’s exit plan from fossil fuel?
The COVID-19 pandemic opened the underbelly of the country’s economy and its poor health facilities. While the country is still battling at recovery, the worsening security situation has been compounding matters.
Now, Nigeria is at a very big risk. The gushing oil wells will not sustain the economy any longer without restructuring and some radical reforms. ....

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Global Energy Investments Rebounding, but Shifting Away from Traditional Oil, Natural Gas

Global energy investments are set to rebound by nearly 10% this year to $1.9 trillion, reversing the 2020 decline, but the energy transition is moving ....

United States , Saudi Arabia , Rystad Espen Erlingsen , Fatih Birol , International Energy Agency , World Energy Investment , Rystad Energy , Energy Investment , President Biden , Espen Erlingsen , ஒன்றுபட்டது மாநிலங்களில் , சவுதி அரேபியா , பாடிஹ பைரோல் , உலகம் ஆற்றல் முதலீடு , ஆற்றல் முதலீடு , ப்ரெஸிடெஂட் பிடென் ,

Global petrostates can forget trillion-dollar oil and gas tax revenues as energy transition bites

The global government income from oil and gas taxation fell to a multi-year low in 2020 of around $560 billion, as production and prices shrunk. Before Covid-19, oil and gas taxes usually exceeded the trillion-dollar mark. Petrostates will miss these former glories, a Rystad Energy report projects. ....

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Petrostates must forget trillion-dollar oil and gas tax revenues as energy transition bites - Rystad

The good times may be over for nations used to receiving rivers of revenue from oil and gas, industry report warns, but investment is not dead ....

Saudi Arabia , Espen Erlingsen , Rystad Energy , சவுதி அரேபியா ,