Jakarta – President Joko Widodo (Jokowi) called for an increase in oil and gas production. He does not want oil and gas production to continue to fall. The reason is that if oil production continues to decline, much of the state budget will be spent on importing oil and gas to meet domestic needs. “I … Read more
Jakarta – Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia said that Indonesia currently imports 1 million barrels of oil per day to meet domestic consumption needs. Even though Indonesia in the past could export 1 million barrels of oil per day. “If we look back, almost 30 years ago, 96, 97, our oil … Read more
Countries across Europe have invested heavily in wind and solar energy projects in recent decades as the price of these clean energy sources has fallen in line with falling installation and grid connection costs. The rapid pace of solar and wind energy development is outstripping the region’s ability to cope with oversupply. Big change in … Read more
The main objective of the mission was to position Mendoza as a favorable place for investment in mining. The benefits of the province were shown with special emphasis on sustainable mining projects promoted by the province, such as the Malargüe Western Mining District. The Governor of Mendoza, Alfredo Cornejo, accompanied by the Minister of Energy … Read more
The energy ministers of Greece, Romania and Bulgaria are asking the Commission to take measures to deal with the sharp rise in prices in the wholesale markets of Southeast Europe, which was observed last summer, due to external factors. In particular, on the initiative of the Greek Minister of Environment and Energy, Mr. Theodore Skylakakis, … Read more
Subscription for two billion shares of the company’s shares began Omani Ok Research and Production Today, Monday, the initial public offering is open to subscribers inside and outside the Sultanate. Individual membership will continue until October 9, while institutional membership will continue until October 10, 2024, according to the Times of Oman. The initial public … Read more
Pictures from Ratcliffe-on-Soar always look the same: green meadows, brick houses and the eight thick, steaming cooling towers in the background. Ratcliffe-on-Soar is a village in Nottinghamshire, in the middle of England, about 150 inhabitants, one church. Known because of the massive coal-fired power plant that has existed here since the 1960s. The BBC recently … Read more
Quito. Ecuador put energy rationing into effect this Sunday in 12 of its 24 provinces due to a prolonged drought that keeps the main hydroelectric plants in a crisis situation. The eight-hour outages take place in provinces located in the Andean region and the Amazon, according to the Emergency Operations Committee, which declared maximum alert … Read more
After a few weeks of tension, this Wednesday – September 25 – the representatives of the Public Credit Commission and members of the National Government, led by the Ministry of Finance and the National Development Finance Company, met to discuss these debt proposals were presented to the Legislature and at the time it was noted … Read more
Despite serious environmental problems, India is dependent on fossil energy sources. The main role is played by oil, most of which is supplied by Russian imports. Recently, the situation has started to change and soon India will start abandoning raw materials from the Russian Federation. The OilPrice resource writes about the reasons for this. India … Read more