The IEA expects global oil demand to recover in the second quarter of 2021, but challenges remain
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Global oil and gas contracts saw relatively steady activity during Q4 2020, says GlobalData
While the global oil and gas industry witnessed a marginal decrease in the number of contracts from Q3 2020 to Q4, there was an almost 28% increase in terms of value
Untapped opportunity: More than 200 oil projects can hike output and profits from subsea boosting
The increase in recoverable reserves for the top 100 projects, out of more than 200 projects identified where subsea boosting would be profitable, averaged 61 million barrels of oil per project
ADNOC awards Offshore Block 4 concession to Cosmo in second bidding round
Cosmo was awarded the exploration concession for Offshore Block 4 and will invest up to $145 million (AED532 million) during the exploration phase
GECF to unveil latest edition of flagship publication ‘Global Gas Outlook 2050’
As in previous years, the 2020 edition of the sought-after publication will encompass the full sweep of the gas industry
Qatar’s attempt to reclaim the LNG throne will make Middle East 2021’s global sanctioning epicenter
Qatar’s move to sanction the $30 billion North Field Expansion project puts the country on track to return as the world’s largest LNG producer by 2030
Canada’s oil & gas industry M&A deals total $10.01bn in Q4 2020
The value marked an increase of 468.3% over the previous quarter
Dana Gas posts $376 million net loss for 2020
The company aims to expand its KRI projects and will drill its next exploration well in Egypt’s Block 6, while finalising the sale of its onshore assets in the nation
Flashback: How an ADNOC engineer is pushing the circular economy forward
On the occasion of the International Day of Women and Girls in Science, we look back at a cover story highlighting a woman dedicated to bettering the oil and gas sector
Daily oil price update: Oil rally takes a break on demand lag and vaccine concerns
Oil prices are being modestly trimmed today as a multi-day rally came to a stop, with the market pricing in concerns over oil balances and vaccination campaign lags