The countries will stop production for a month as part of measures to reduce oil output
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Decarbonising the global energy trade
Lux Research examines these renewable energy carriers and the countries and companies developing them.
SNOC awards EPIC contract to Lamprell
Scheduled for completion in early 2021, Lamprell’s scope of work is specific to the Mahani Extended Well Test
project
KSA-based seismic solutions company ARGAS targets global expansion
The agreement waives all territorial, technical, commercial exclusivities and any other restrictions previously in place
Global demand for natural gas will drop 2% in 2020 as COVID-19 lockdowns take toll
Rystad Energy expects global gas demand to total close to 3,878 billion cubic meters (Bcm) in 2020, down from 3,951 Bcm last year
PDO pledges to continue with renewables despite GlassPoint liquidation
GlassPoint Solar was a technology company working with PDO on renewable-powered enhanced oil recovery
OFS stocks lost half their value since 2020 began
The best performers among services companies were in the EPCI sector
COVID-19 triggers delays in projects and investment decisions in global LNG liquefaction sector
LNG developers have started relooking at their strategies and capex plans for 2020
Industrial analytics in a post-pandemic world
AI Industrial Analytics can be used to predict maintenance failures and optimise production by harnessing existing industrial data
Kuwait to voluntarily cut 80,000 bpd in June
It is one of several Gulf nations making additionals cuts to production to help balance the market