High energy prices boosted oil companies’ revenues, but this did not translate into increased investment abroad, according to a report by the United Nations Conference on Trade and Development (UNCTAD). For example, Chevron and Exxon (both U.S.) and SaudiAramco (Saudi Arabia) divested foreign assets while increasing domestic investment.
Equinor increased its investments in 2022 both at home in Norway and abroad to supply gas to Europe, among other objectives. In the past year, the company’s capital expenditures and investments were $8.611 billion, an increase of 5.6% over 2021. Equinor is an energy company, Norway’s largest oil
Energy for transportation (cars, trucks, ships, trains and planes) will increase by more than 30% between 2021 and 2050, according to ExxonMobil projections. At the same time, the company expects transportation energy demand to account for about 65% of the growth in liquid fuel demand worldwide during this
The Federal Electricity Commission (CFE) installed 68 telecommunication towers with 4G equipment in 2022, benefiting 62,500 inhabitants. In addition, the CFE is currently building 2,800 telecom towers, which are expected to be operational by 2024. The Mexican government states that it aims to provide Mexican citizens with access
At the 12th Ministerial Conference in June 2022, WTO ministers agreed to engage in talks to address concerns about the dispute settlement system, with a view to ensuring a fully operational system by 2024. What is this system? WTO members can raise disputes when they believe their rights
China led the world in fertilizer production, according to the Gulf Petrochemicals & Chemicals Association. Total fertilizer consumption in China accounts for about one-third of global fertilizer use. According to China Fertilizers Market, China’s fertilizer market is forecast to grow at a compound annual growth rate (CAGR) of