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Top related persons:
Haitham - 2 Ghais - 2 CNBC's Dan Murphy - 1 Tengku Muhammad Taufik - 1 John Hess - 1 Hess - 1 Indian Oil Corporation Hess - 1 Haitham Al Ghais - 1
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OPEC Europe Malaysia Ukraine Paris East North West Africa
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Energy Asia Summit - 3 Organization of Petroleum Exporting - 2 Bloomberg - 2 Getty - 2 OPEC - 2 International Energy Agency - 2 CNBC - 2 Organization of - 1

Search resuls for: "Energy Asia Summit"


4 mentions found


☆ Climate target walk-backs highlight 'overzealous' policy pledges, OPEC chief says
  + stars: | 2023-10-02 | by ( Ruxandra Iordache | ) www.cnbc.com   time to read: +3 min
Haitham al-Ghais, secretary-general of the Organization of Petroleum Exporting Countries (OPEC), speaking at the Energy Asia Summit on June 26, 2023. Asked about the impact of high oil prices on consumers, al-Ghais said this "depends on the state of the global economy" and noted increases in oil demand. We're seeing historically high, phenomenally high growth figures for oil demand," he said. An OPEC+ technical committee convenes digitally on Wednesday to review market fundamentals and the individual production compliance of member countries. Three OPEC+ delegates, speaking anonymously because of the sensitivity of the discussions, told CNBC it is unlikely this week's JMMC meeting will lead to policy adjustments.
Persons: Haitham, CNBC's Dan Murphy, Ghais Organizations: Organization of Petroleum Exporting, Energy Asia Summit, Bloomberg, Getty, OPEC, Organization of, Petroleum, Abu Dhabi International Progressive Energy Congress, European Union, Brent, International Energy Agency, CNBC, COP28 Locations: OPEC, Europe, Ukraine, Paris
☆ OPEC chief says the search is on for new members of the oil producers' group
  + stars: | 2023-07-06 | by ( Ruxandra Iordache | ) www.cnbc.com   time to read: +2 min
Haitham al-Ghais, secretary-general of the Organization of Petroleum Exporting Countries (OPEC), speaking at the Energy Asia Summit on June 26, 2023. The secretary-general of the Organization of Petroleum Exporting Country signaled that the influential producers' alliance is actively open to recruiting new members. Asked if he is trying to expand the OPEC coalition, the organization's Secretary-General Haitham al-Ghais told reporters on Wednesday: "I am, yes." OPEC members coordinate the amount of oil they output in an effort to influence prices. He mentioned recent visits paid to oil-producing countries, however, including allies that currently implement a joint production strategy with OPEC countries, in a group known as OPEC+.
Persons: Haitham, Ghais Organizations: Organization of Petroleum Exporting, Energy Asia Summit, OPEC, Ecuadorian Locations: East, North, West Africa, South America, Ecuador, Ecuadorian, OPEC, Malaysia, Brunei, Azerbaijan, Mexico
☆ Petronas says national oil companies could become energy superstores years down the road
  + stars: | 2023-07-05 | by ( ) www.cnbc.com   time to read: 1 min
Speaking on the sidelines of the Energy Asia summit on June 27, Petronas' CEO Tengku Muhammad Taufik said that national oil companies could pivot to become energy superstores on the path to net zero.
Persons: Tengku Muhammad Taufik Organizations: Energy, Petronas
☆ Oil and gas will continue to power the world for decades to come, big oil firms say
  + stars: | 2023-06-30 | by ( Lee Ying Shan | ) www.cnbc.com   time to read: +5 min
"We think the biggest realization that should come out of this conference ... is oil and gas are needed for decades to come," said John Hess, CEO of U.S. oil company Hess Corporation. A.S. Sahney Executive Director of Indian Oil CorporationHess said oil and gas are key to the world's economic competitiveness, as well as an affordable and secure energy transition. "The world is facing a structural deficit in energy supply, in oil and gas, in clean energy," he said. "That shows our belief in [the] continuance of fuel," the executive director said, acknowledging that energy transition is here to stay. Oil demand an 'ancient story'Commodities trading firm Vitol is less bullish, predicting that demand for crude will peak in 2030 — two years later than the IEA's forecast.
Persons: John Hess, Hess, Indian Oil Corporation Hess, Haitham Al Ghais, Erin McGrath, Dan Yergin, TotalEnergies, Patrick Pouyanne, Amin Nasser, Russell Hardy, Russia's Organizations: Barcroft Media, Getty, Energy Asia, Hess Corporation, International Energy Agency, Sahney, Indian Oil Corporation, OPEC's, Hess Corp, Energy Asia Summit, Bloomberg, ExxonMobil, CNBC, U.S, Commodities, EV Locations: Lake, China's Jiangsu, Malaysia's, Kuala Lumpur, India, A.S, Malaysia, Asia, Africa, America, Europe, China, Korea, Japan, Vietnam, Saudi Arabia's, Aramco
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