Oil prices jump again as cold weather causes US supply growth slowdown, in addition to an overall bullish market sentiment
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Oil to recover 60% of demand lost due to pandemic: IEA
The IEA expects global oil demand to recover in the second quarter of 2021, but challenges remain
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
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
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
Oil rises on projected US crude draws and vaccine confidence
Oil prices continue their phenomenal rally on projections that US storage levels fell last week and on confidence that vaccine production and distribution will accelerate
Egypt could launch oil and gas exploration bid round this month
Egypt most recently signed nine exploration agreements with six local and international oil companies in January
Kentech to acquire SNC-Lavalin’s oil and natural gas services business
Kentech is aiming to expand in markets including the US and Saudi Arabia
DP World subsidiary P&O Maritime Logistics appoints oil and gas supply chain expert
He will be responsible for reinventing the way innovative supply chain services are offered to the offshore marine industry