Storage became a serious issue as demand plummeted due to the coronavirus pandemic
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Half-year discoveries total 4.9 billion boe, lowest of the century
The resource volumes were 42% lower and the number of discoveries was down by 31% compared to the same period in 2019
Iran launches pipeline project bypassing Strait of Hormuz
Iranian President Hassan Rouhani called it a strategic project
Comment: Don’t lose sight of green marine fuels
Increasing the choice, availability, and price transparency of greener marine fuels in shipping is critical
Ghazeer field ‘99% ready’ for start of production: BP Oman chief
The project consists of 500 million cubic feet of gas
Global gas output set to fall by 2.6% in 2020, associated gas to take the hardest hit
The biggest drop in associated gas production will be felt in North America
Rockwell Automation appoints new managing director for Sub-Saharan Africa
Contributing her strong industry expertise in mining, minerals, metals, power, energy, and oil & gas, Canninah Mapena has been appointed as the Managing Director of Rockwell Automation in Sub-Saharan Africa.
ADNOC announces $20.7 billion pipeline investment deal
The company says that the transaction will result in upfront proceeds of over $10 billion to ADNOC
Why the tradeable value of Middle East crudes matters to buyers in Asia
Market volatility highlights the differences between benchmarks
Global OFS demand set for 25% drop in 2020, slow recovery to start in 2021
The recovery will accelerate further in 2022 and 2023 but will not reach pre-coronavirus purchasing amounts