The Republic of Congo plans to increase oil production to 500,000 barrels per day by 2030 against the current ~268,000, said Minister of Hydrocarbons Bruno Jean Richard Itois.From January to July 2025, the country produced 56.9 million barrels (268 thousand b/d), which is 5.2% more than a year earlier. The growth was provided by new projects of TotalEnergies, which discovered four fields, and Perenco, which intends to increase production to 200 thousand bpd by 2030.At the same time, the CORAF re... Čítať viac
Retail sales in the UK in March fell to a record low due to the fact that sales volumes declined... Čítať viac
According to official figures, the number of unemployed in Spain in March 2020 increased at a... Čítať viac
Analysts believe that the economies of Germany and Canada are the most susceptible to the shocks... Čítať viac
The price of oil in 2020 will be kept below the level of $40 per barrel. This conclusion was... Čítať viac
Oil refineries around the world have begun to suspend production or reduce refining volumes, as... Čítať viac
The coronavirus pandemic remains the main news of the day. The disease continues to spread,... Čítať viac
The mood in the German business community deteriorated significantly in March amid concerns about... Čítať viac
Energy experts fear that global oil storages may overflow during several months due to falling... Čítať viac
Today, the Philippine Stock Exchange closed indefinitely, and trading in foreign currency and bonds... Čítať viac
Since the beginning of 2020, the Chinese economy has experienced the most severe recession in the... Čítať viac
The European Union decided to create an investment initiative of €37 billion as part of a package o... Čítať viac
According to the results of the European Central Bank (ECB) meeting, the regulator left key... Čítať viac
The Bank of England unexpectedly lowered its base interest rate in an attempt to support the... Čítať viac
Saudi Arabian State Oil Company Saudi Aramco intends to increase oil supplies to 12.3 million... Čítať viac
The Italian authorities intend to allocate 7.5 billion euros ($8.4 billion) to combat the epidemic... Čítať viac
The Bank of Canada cut its key rate from 1.75% to 1.25% amid a rapidly spreading outbreak of... Čítať viac
The Federal Reserve Board unexpectedly lowered its base interest rate from 1.5-1.75% to 1-1.25%,... Čítať viac
The Central Bank of Australia has lowered its key interest rate from 0.75% to 0.5% per annum. The... Čítať viac
According to official figures, Italy's economic growth in 2019 has slowed to its lowest level since... Čítať viac
A key market indicator of long-term inflation expectations in the eurozone fell to a record low... Čítať viac
Major European stock indexes on Thursday evening accelerated the pace of decline and are already... Čítať viac
The German Institute for Economic Research DIW reported that Germany’s economy is close to s... Čítať viac
Italy warned the EU that it could require substantial assistance if the unexpected spread of... Čítať viac
Philip Lane, chief economist at the European Central Bank (ECB), said that the spread of the... Čítať viac
Gold prices rose to a maximum in 7 years due to fears that an outbreak of coronavirus will slow... Čítať viac
According to the Office of National Statistics (ONS), inflation in Great Britain accelerated in... Čítať viac
Stock prices of the American company Apple Inc are reduced today by 3.6% during preliminary... Čítať viac
In the fourth quarter of 2019, Japan's GDP fell by 6.3% year on year after increasing the... Čítať viac
According to the US Federal Reserve, the volume of industrial production in the United States in... Čítať viac
According to the US Labor Department, consumer prices in the US in January rose 2.5% year on year,... Čítať viac
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