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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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172021-03

EIA: Asia main export destination for US LNG in 2020
U.S. exports of LNG continued to grow in 2020, averaging 6.6 billion ft3/d on an annual basis, according to the U.S. Energy Information Administration&rsquo

102021-03

Global oil & gas upstream activities market to grow at CAGR of 26.6% to $3,335bn in 2021
The global oil and gas upstream activities market is expected to grow at a compound annual growth rate (CAGR) of 26.6% from $2,635.45bn in 2020 to $3,335.52

032021-03

GLOBAL OIL DEMAND SET TO REACH 96.4 MILLION BARRELS PER DAY IN 2021
According to the IEA Oil Market Report (OMR) world oil demand is set to grow by 5.4 mb/d in 2021 to reach 96.4 mb/d, recovering around 60% of the volume los

252021-02

Bank Of America Sees $70 Oil By Summer
Brent Crude prices could hit $70 a barrel in the second quarter of 2021, while they are set to average $60 this year, Bank of America said this week, raising it

032021-02

Oil, Bubbles, And Gamestop
For oil traders, the brouhaha surrounding the Gamestop stock price spike is familiar, but also to fans of Charles Dickens, who, in Nicholas Nickleby, descri

272021-01

U. S. Proved Oil Reserves Remain Flat, Natural Gas Reserves Decline
Lower crude oil and natural gas prices reversed in 2019 a two-year trend of record high proved reserves in the United States as operators revised down their

222021-01

LNG exports reach record highs for Aus
Australia exported a record 78-million tonnes of liquefied natural gas (LNG) in 2020, new data from EnergyQuest has revealed. The exported tonnage for 20

132021-01

Asian spot prices rise to record high
Asian spot prices for LNG jumped nearly 50% this week to a record high, based on available data going back to 2009, as logistical issues disrupt supply to t

082021-01

Investment In Canada’s Oil Industry Set To Grow 12% In 2021
Canada’s oil industry expects that 2021 will be the year of recovery from the downturn caused by the pandemic in 2020, with total investments in Canad

302020-12

Saudi Arabia makes four oil and gas discoveries
Saudi Arabia's Energy Ministry on Sunday announced the discovery of four new oil and gas fields, state news agency SPA reported. State oil producer Aram
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