US EIA Forecasts Global Oil Demand Growth For 2021
The U.S. Energy Information Administration (EIA) has raised its Brent and West Texas Intermediate (WTI) average price forecast for 2021, according to its latest short-term...
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Turkmen Textile Industry: High Dynamics of Growth
The textile industry is one of the leading sectors of the economy of Turkmenistan. Due to the comprehensive support of the state, it has become...
Turkmenistan Envisages Implementation of Various Large-Scale Projects in Chemical Industry
Full and efficient use of natural reserves, hydrocarbon resources, mineral and hydro mineral reserves of Turkmen land for the sake of the country is a...
Electricity Trade to Drive Post-Pandemic Economic Growth in Central Asia
Electricity trade will enable the Central Asian countries to restore economic growth and develop regional cooperation in the post-pandemic period, Orient news outlet reported on...
Blue Ammonia: Promising Breakthrough For Hydrogen Power
Hydrogen burns completely cleanly, leaving behind nothing but water vapor, making it extremely attractive as an emissions-free fossil fuel alternative. In reality, there is not...
BP Says Oil Demand May Have Peaked in 2019
Demand for oil may have peaked last year, the energy giant BP said in its annual Energy Outlook report, which was published on Monday.
The message...
Oil Rises on Weak US Dollar
Oil rose to trade near $43 a barrel in New York Stock Exchange (NYSE) with support from a weaker dollar, while US crude stockpiles are...
Turkmenistan Boosts Development of Its Non-State Sector
President of Turkmenistan Gurbanguly Berdimuhamedov at a government meeting dedicated to the results of the industries' activities for six months of the year outlined a set...
Brent Crude Expected to Average $50 Per Barrel in 2021
Brent crude oil could average $50 per barrel in 2021 due to a faster-than-expected demand recovery in sectors such as transportation as well as strong...
BP Global Review Reveals New Highs in Energy Consumption
Primary energy consumption grew by 1.3% last year, which was less than half the rate of 2018 (2.8%), according to new global data from oil...
