Investments in Geological Exploration in the Arctic Have Reached Nearly 175 Billion Russian Rubles
The combined investment from both the Russian state and subsoil users in geological exploration in the Arctic zone of the Russian Federation amounted to nearly 175 billion rubles in 2024, according to Alexander Kozlov, Minister of Natural Resources and Environment of the Russian Federation. He made the statement during a …
Iraq Is Looking for American Investments
Iraqi Oil Minister Hayan Abdel–Ghani is traveling to the United States, where, among other things, he intends to offer American oil and gas companies to invest in the development of ten oil and gas blocks. Iraq is actively licensing its mineral resources and offering them to international investors. At least …
Oil and Gas Companies’ Investments on the Norwegian Shelf to Reach a Record High in 2024
Oil and gas companies operating on the Norwegian shelf are planning to invest NOK 247 billion (US$24 billion) in their projects in 2024, according to data from Statistics Norway following a quarterly survey of the sector. This amount is 15% higher than the 2023 level of NOK 215 billion. The …