The Moroccan-Nigerian gas pipeline is making substantial progress, following fruitful high-level meetings between the host countries.
UAE'S Masdar has signed one of the largest renewable energy deals in Spain in recent years, a move designed to support Madrid's energy and climate goals as well as the EU's ambitions for carbon neutrality by 2050.
Turkey plans to expand long-term liquefied natural gas (Lng) purchase agreements to meet domestic energy demand as existing import contracts with Russia near their expiration.
Iraq has initiated a significant project to expand its oil storage capacity, aimed at bolstering the country’s crude oil exports and improving the efficiency of transporting oil from fields to export terminals.
The OPEC Secretariat has received compensation plans from Russia, Iraq, and Kazakhstan aimed at addressing surplus oil production.
The top 10 countries by global gas reserves indicate that three nations, including Saudi Arabia, saw increases in their reserves over the past year, while Venezuela's reserves declined.