• #MEDITERRANEANEXCHANGES
• #Africa
• #DecisionMakers
• #Energy
• #Gas
• #Institution
• #Investment
• #OPEC
• #Petroleum

Recently, OPEC released a report in which it predicts that Africa's potential refining capacity is expected to start increasing in 2022, to just under 400,000 barrels per day, before reaching just over one million barrels per day in 2026.

• #Africa
• #ALGERIA
• #EGYPT
• #LIBYA
• #MEDITERRANEANEXCHANGES
• #Covid19
• #EconomicAnalysis
• #Gas
• #Industry
• #Investment
• #Oil
• #OPEC

Since the 2014 oil shock, the appearance of the coronavirus pandemic and the growing pressure on the oil industry for climate action, the oil market has struggled to regain investment levels that favor the renewal of oil reserves. raw.

• #SaoudiArabia
• #UnitedArabEmirates
• #Oil
• #OPEC
• #Petroleum

Before the crisis, the UAE invested heavily in improving its productive capacities, but quotas prevent it from fully exploiting these capacities. By blocking the OPEC + deal, the UAE was hoping for a relaxation of its reduction quota.