A total of 52 deals worth $4.7bn were announced for the region during Q4 2020, against the last four-quarter average of 39 deals
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OPEC+, COVID-19 and energy transition to impact oil in 2021: report
Following 2020’s unprecedented oil demand shock amid the COVID-19 pandemic, Wood Mackenzie expects 2021 total liquids demand to average 96.7 million barrels per day
OPEC+, COVID-19 and energy transition to impact oil in 2021: report
Following 2020’s unprecedented oil demand shock amid the COVID-19 pandemic, Wood Mackenzie expects 2021 total liquids demand to average 96.7 million barrels per day
Oil & gas industry needs to ‘reimagine’ its business and models to maximise energy transition opportunities
Improving commercial models which support cost reduction whilst incentivising the supply chain could re-energise collaboration
Oil up on stocks decline, China infections and coming US policy change
Oil prices rose on Wednesday on industry forecasts for a decline in US crude stocks and as Chinese Covid-19 infections seem to fall. Anticipation of a possible lease ban in US federal lands and waters is also creating some bullish uncertainty
Are oil majors ready to become part of the climate-change solution?
Oil producers across the globe have made commitments to be part of the energy transition
DNV GL combines Oil & Gas and Power & Renewables businesses in response to energy transition
The new unit, Energy Systems, follows the company’s recent rebranding announcement
Oil and gas industry doubles down on transformational green investments
A record two-thirds (66%) of senior oil and gas professionals report that their organization is actively adapting to a less carbon-intensive energy mix in 2021, up from just 44% in 2018
OIl production resumes in Libya
Waha Oil Company continued oil production after maintenance on a pipeline connecting Samah and Dhahra fields to Sider Terminal
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