- Five Major Challenges Facing The Energy Industry
- Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably reasons for many head
Detail+
042020-06
- Rystad Energy: reserves of global oil and gas assets for sale above 12.5 billion boe
- Oil and gas companies currently have assets for sale with recoverable reserves of more than 5 billion bbl of liquids and 7.5 billion boe of natural gas, Rystad
022020-06
- Oil Prices Are Unlikely To Break $40 This Year
- Despite production cuts from OPEC+ and North America and slowly improving demand, oil prices are not expected to average much higher than current prices in 2020
302020-05
- Oil Slides As Russia Plans To Raise Production
- Reports that Russia plans to start easing oil production cuts after the end of June arrested the oil price rally, keeping WTI below $35 a barrel.WTI slid 0.3 pe
292020-05
- Global bunker fuel demand set to drop 5%-10% on COVID-19 pain - expert
- Global bunker fuel demand is likely to fall by 5%-10% year on year in 2020 as the coronavirus pandemic slows trade and impedes shipping and ship crew moveme
272020-05
- Oil & Gas Decommissioning To Total $42 Billion Through 2024
- Energy companies have been slashing exploration and production budgets since the Covid-19 pandemic took hold and sent oil prices tumbling, but, with few profita
252020-05
- Top 12 Listed Oil Giants Book Huge $20.6 Billion Loss In First Quarter
- The 12 largest listed oil companies in the world booked a combined net loss of US$20.6 billion for the first quarter this year, compared to a collective net inc
212020-05
- Global Demand for Natural Gas Will Drop 2% in 2020
- Rystad Energy estimates global natural gas demand to fall by almost 2% this year as a result of the lower activity as commercial and industrial demand for natur
182020-05
- U.S. to buy up to 1 million barrels of oil for emergency reserve
- he US Energy Department said on Wednesday it will buy up to 1 million barrels of sweet crude for the government's emergency petroleum reserve as part an effort
142020-05
- EIA: US Oil Demand Set to Crash by 2.2 Million bbl/d in 2020
- U.S. oil demand is set to crash by 2.2 million bbl/d in 2020 to 18.3 million bbl/d, the U.S. Energy Information Administration (EIA) said May 12, as the coronav
122020-05
- Big Oil emerged from first-quarter earnings battered and bruised, but things are only going to get uglier.
- Major oil and gas producers from Norway to the U.S. saw profit plunge in the opening three months of the year. Exxon Mobil reported its first loss in over 30 ye
