Oil prices could continue to fall if quarantine is not lifted
Author Archives: Staff Writer
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SFO alleges Unaoil agents paid $6mn bribes in Iraq for oil contracts
As the SFO trial began on Thursday, three Unaoil agents faced counts of conspiracy for allegedly bribing South Oil Company
Saudi Aramco ranked world’s second most valuable oil & gas brand at $46.8bn
The oil and gas giant was named the Middle East’s most valuable brand
OPEC could extend oil cuts until end of 2020: TASS
Discussions are still in the early stages…
Fossil fuel plants key for integrity of solar and wind-based power generation
Jarand Rystad, CEO of Rystad Energy, says existing fossil fuel plants will play a major role in the transition towards a near-zero-carbon electricity system, due to intermittency of renewable energy sources
Brazil to discuss OPEC membership in Saudi Arabia in July
The South American producer could become OPEC’s latest member
2020 oil and gas FIDs mark growth in importance of gas, says GlobalData
Final investment decisions in the upstream and midstream segments are heavily weighted towards gas and LNG
Incoming BP CEO has “ambitious” overhaul plans – sources
Bernard Looney is planning to expand the company’s climate targets, and could overhaul the structure of the oil major
Oil demand to exceed 100mbpd in 2020: OPEC
OPEC projects an increase in global demand to just over 100mbpd in 2020, a 1.22mbpd increase from 2019
Wood secures two-year extension for Aramco unconventional gas contract
Wood’s project execution teams will continue to work closely with Saudi Aramco to develop innovative engineering design and implementation strategies