The OPEC+ group’s decision to slightly raise production targets in September, the record-smashing profit of the world’s largest oil company, Saudi Aramco, and business deals involving the biggest energy firms in the Middle East were the highlights in the region’s oil and gas industry this past month.
Sep 14, 2022 (Bloomberg) The European Commission is proposing a mandatory cut on energy use in the bloc, as well as steps to ease the crunch in markets caused by ballooning collateral demands.Commission President Ursula von der Leyen also laid out plans to raise 140 billion euros ($140 billion) from energy…