Oil prices corrected excess gains that accumulated from the Suez Canal blockade as the disruption’s effect is likely not one that will last too long, while US stocks rose last week
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Shifting sands: how polymers are helping Aramco preserve its desert operations
Aramco has established four tracks for using chemical polymers on soil formations, says Motaz Al Mashouk, executive director, Engineering Services, Saudi Aramco
Low carbon oil to play central role in energy transition: ADNOC Group CEO
Dr. Sultan Ahmed Al Jaber says that the UAE is uniquely positioned to provide lower carbon oil and gas for as long as the world still relies on hydrocarbons energy.
ADNOC L&S expands material handling services with major equipment acquisition
Under the terms of the acquisition, ADNOC L&S will take ownership of Speedy Hire’s equipment, stock and other fixed assets relating to its Middle East business
IOCs emerge from ‘toughest year ever’ primed for record free cash flow
Deleveraging may be priority in wake of 2020’s savage cost cuts
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
How Saudi Aramco is using digital technology to revolutionise its business
Saudi Aramco experts from exploration and geophysical departments explore the massive changes that digital technology has brought to the company, and its potential for the future
How banning new federal leases changes the US upstream landscape
In the case the ban lasts for only one presidential term, the above effect would be 175,000 bpd by 2030
Oil prices gain on multiple international events: Rystad Enrergy comment
Oil prices rise on President Biden’s push for a quick Covid-19 financial relief package, Iraq’s pledge to cut output and Indonesia’s seizure of oil tankers in its waters
NOGA and Eni Rewind sign an agreement for the development of circular economy initiatives in Bahrain
The National Oil and Gas Authority (NOGA) of the Kingdom of Bahrain and Eni’s environmental company will collaborate in the promotion of joint initiatives for the recovery of soil, water and waste resources