Operators need to hold firm and focus on restraint and resilience, Wood Mackenzie says
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Outlook one year after oil hit negative prices: Rystad Energy
It’s been almost a year since the day oil prices turned negative as a result of the Covid-19 downturn. A lot has happened since then, and prices have recovered, but it will take a while for the oil market to forget
Nigeria to account for 23% of upcoming oil and gas projects in Africa by 2025: GlobalData
Nigeria is expected to have 100 oil and gas projects starting up between 2021 and 2025
Oil & Gas Middle East to reveal Top 25 EPC Contractors
The competition to make the annual ranking has never been more fierce
Road fuels lead global oil demand recovery in 2021: Rystad Energy
The latest report by Rystad Energy forecasts the future of demand by segment and geography
Middle East oil producers trump global competition in pursuit of Asian refiner demand
Converging market conditions are creating a beneficial landscape for the region’s oil producers
Oil lightly trims but holds on to this week’s gains, on demand positivity and US inventories dip
Oil prices kept most of the previous day’s gains, only trimming excesses, as the market is up on demand positivity and a recent surprise dip in US crude stocks
Action to achieve Paris climate goals will upend oil and gas markets: Wood Mackenzie
2°C scenario points to commodity demand revolution sparked by energy transition
Global spending on renewable energy to hit $243 billion in 2021, 22% lower than oil and gas
Capital spending on renewable energy is in a period of robust growth and is on track to catch up with oil and gas spending.
Oil rises on expectations for an uptick in demand later in 2021
Oil prices rose on Wednesday as traders priced in forecasts that demand will increase later this year, feeding a bullish market reaction