Total invested $2.5 billion in the deal, part of a wider strategic alliance between the two companies
Author Archives: Staff Writer
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Oil up on expected stock draws and US stimulus, but eyes locked on China
Oil prices rise on expectations for another week of crude draws, hopes for a quick stimulus relief in the US, but China’s second Covid-19 wave possibility remains a wild card
Total leaves American Petroleum Institute on climate change concerns
The company outlined six key reasons for leaving the institute
UAE minister of climate change and environment stresses need for multilateralism to promote global energy transition
He stressed the importance of coordinated action to increase the use of renewables and boost energy transition
IEA calls for further methane reductions in oil & gas industry
The 10% drop in methane emissions from oil and gas industry in 2020 due mainly to lower production rather than prevention of leaks
Iran oil producer ready to resume pre-sanctions oil output
NISOC is ready “in any period” to stop reducing its oil production
Data integrity vital for implementation of SDGs in the GCC
Overcoming data collection problems fundamental to progress in sustainability
Oil steady as Covid-19 concerns offset by positive Chinese economic data
Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen
Apex International Energy discovers oil in Egypt’s Western Desert
Testing of the Bahariya resulted in a peak rate of 2,100 barrels of oil per day
US applies new sanctions on Iran ahead of Biden inauguration
President-elect Joe Biden has said that he would return to the 2015 Iran Nuclear Deal if Iran resumed strict adherence to its terms