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A decade of upstream underinvestment, coupled with geopolitical tension, makes it hard to ramp up production in the near term, an energy economist says.
Federal Energy Regulatory Commission Chair Laura Swett tells reporters at Houston conference that Strait of Hormuz crisis highlights need for permitting speed.
Pakistani Foreign Minister Ishaq Dar said the move comes as ‘a meaningful step toward peace and will strengthen our collective efforts in that direction.’
A decade of upstream underinvestment, coupled with geopolitical tension, makes it hard to ramp up production in the near term, an energy economist says.
Federal Energy Regulatory Commission Chair Laura Swett tells reporters at Houston conference that Strait of Hormuz crisis highlights need for permitting speed.
Pakistani Foreign Minister Ishaq Dar said the move comes as ‘a meaningful step toward peace and will strengthen our collective efforts in that direction.’