On average, OPEC pumped 27.84 million bpd in February
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Posted inVideo
Video: Why demand for oil is not just about cars and planes
In this video by the Financial Times, see the oil and gas demand split, which goes far beyond fueling cars and planes.
Posted inProducts & Services
“Oil demand will recover after coronavirus” – Aramco
Saudi Aramco trading CEO says markets will recover in Q2 2020
Posted inDRILLING & PRODUCTION
Kuwait Oil Company suspends events and training as coronavirus spreads
There are 46 confirmed coronavirus cases in Kuwait
Posted inProducts & Services
Cybersecurity top digital focus of upstream oil and gas companies: Accenture
Yet upstream businesses are struggling to scale digital technologies and unlock additional value
Posted inProducts & Services
Tubes and piping are most failure-prone components in oil and gas and maritime industries: DNV GL research
Fatigue (30%) and corrosion (19%) make up nearly half of the primary failure types occurring in the cases DNV GL analysed
Posted inDRILLING & PRODUCTION
Global oil & gas prices in 2020 to fall short of forecasts due to coronavirus: Rystad
Another negative revision might be around the corner due to the increasing downside risk.
Posted inProducts & Services
Kuwait pre-qualifies firms for supply of 24 oil drilling towers
Kuwait Oil Company has pre-qualified 17 firms