- 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
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122019-11
- Vopak to serve multi-billion dollar manufacturing facility in Texas
- Royal Vopak announced it has been selected by Gulf Coast Growth Ventures (GCGV), the petrochemical joint-venture between ExxonMobil and SABIC, to design, build,
102019-11
- Alberta Premier: Oil Cuts Could End Earlier
- Alberta’s crude oil production cuts, scheduled to last until the end of 2020 could end a month earlier, Premier Jason Kenney said in an interview with Reu
082019-11
- Russia to continue cooperation with OPEC to keep oil market balanced: Putin
- President Vladimir Putin said on Wednesday that Russia and OPEC have ‘a common goal’ of keeping the oil market balanced and predictable, and Moscow will conti
062019-11
- Saudi Arabia signs more than $2bn worth of petrochemical deals
- Saudi Arabia has announced more than $2bn worth of new petrochemical investment deals, which include a new polyacrylamide plant and an ammonia project in Jubail
042019-11
- Global M&A and raising activity in the upstream sector totaled US$63.4bn in Q3 2019
- Global merger and acquisitions (M&A) and raising activity in the oil and gas upstream sector totaled US$63.4bn in Q3 2019, representing a 50% decrease from the
022019-11
- Increasing emphasis placed on asset management in oil and gas operations
- In view of the increasing competition and narrowing margins among oil and gas companies, asset management is obtaining greater relevance in enhancing operationa
312019-10
- ABB to Connect World’s Largest OWF
- Swiss technology company ABB has won a big contract to connect the world’s largest offshore wind farm (OWF) to Britain’s electricity grid.ABB has b
302019-10
- Suncor Energy misses estimates, narrows full-year production outlook
- Suncor Energy Inc on Wednesday reported third-quarter profit just shy of estimates as weak business environment and higher operating and transportation expense
282019-10
- Petrobras extends West Tellus drillship contract
- Brazilian oil company Petrobras has extended a contract with Seadrill for the use of a drillship.Seadrill said on Monday that the contract was for the West Tell
252019-10
- Reuters: Oil slips on profit-taking, weak demand outlook
- Oil prices dipped on Thursday after sharp gains in the previous session following a surprise draw in U.S. crude inventories, with concerns over a weak demand o