#oil-reserves
Enhanced Oil Recovery Market: USD 60.21 Billion by 2031 Driven by CCUS and Mature Field Investments, Says Mordor Intelligence
Enhanced oil recovery market is expanding as depleting conventional oil reserves increase the need for tertiary recovery techniques in mature fields. Government-backed CO2 incentives and growing CCUS infrastructure are accelerating adoption, particularly in N…
IEA chief warns global oil reserves down to just weeks of supply as Hormuz crisis deepens
The head of the International Energy Agency (IEA) warned that commercial oil inventories have only a “few weeks” of supply left. Even though countries have released 164 million barrels from emergency reserves, those reserves are limited and “not endless.” Thi…
India, UAE set to ink energy pacts on LPG and strategic oil reserves on Friday
Prime Minister Narendra Modi embarks on a significant visit to the UAE and four European nations. Key agreements on energy security with the UAE are expected. The tour includes discussions on trade, investment, and strategic partnerships with the Netherlands,…
‘We are not like India...’: Pakistan minister admits on live TV country has no strategic oil reserves, says stock only for five to seven days
Pakistan's energy vulnerability is highlighted as Petroleum Minister Musadik Malik revealed that Islamabad possesses only a few days of crude supplies. He said Pakistan is not like India which has 60-70 days of reserves and can release it with just a single s…