Rystad Energy said that OPEC’s cuts were no match for the massive surplus
Author Archives: Staff Writer
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Dana Gas reports $157 million net profit in 2019
This compares to a net loss of $186 million (AED 682 million) in 2018
Oman’s oil and gas sector after Sultan Qaboos
Vinod Raghothamarao, director consulting for energy wide perspectives at IHS Markit, comments on the legacy of Sultan Qaboos, and the future for Oman’s oil and gas sector
Adnoc Distribution profits climbed 4.2% to $604m in 2019
The firm said that total fuel volumes sold increased 0.7 percent in 2019 compared to the year before
BP sets ambition for net zero by 2050, fundamentally reorganises company
BP intends to host a capital markets day in September at which the leadership team will set out more information on BP’s strategy and near-term plans
China likely to shun US LNG despite multibillion dollar trade deal: Rystad Energy
As part of a deal signed in January, China committed to buy a total of $26.2 billion in energy products from the US this year
Global oil & gas industry deals total $37.6bn in December 2019
In value terms, North America led the activity with deals worth $17.88bn
Agility is the new currency for business in Saudi Arabia: KPMG survey
68% of CEOs in Saudi Arabia believe it is ‘agile or out
Kuwait Oil Company officials referred to prosecution for corruption charges worth $15 mn
Officials charged with ‘negligence and slackness’ in management of projects in North Kuwait
ADNOC leases LNG vessel to Singapore’s Atlantic Gulf & Pacific
The carrier will be deployed as a floating storage unit