June was a month when global stocks saw some relief of 2.2 million barrels per day (bpd) of implied oil inventory draws
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Global gas flaring level jump to highest levels since 2009: World Bank
The amount of gas flared is equivalent to the total annual gas consumption of Sub-Saharan Africa
OPEC compliance reached 87% in May 2020
GCC nations made additional cuts to help boost compliance
APICORP’s five-year energy investment outlook drops $173 billion
The overall decline in the investment outlook – mostly in planned investments – is largely attributed to the 2020 triple crisis: the COVID-19-related health crisis, oil crisis and a looming financial crisis
Closing the loop: Bringing the circular economy to the oil and gas sector
The oil and gas value chain has always been a straight line, but the future is circular and sustainable, says Esra Al Hosani, technology specialist at ADNOC Offshore
OPEC supply cut compliance at 74% in May
While Saudi Arabia and other Gulf countries made additional cuts to their production, some nations lagged behind on their commitments
US tops upstream oil & gas CO2 emitters list
Canada had the highest CO2 emission intensity per barrel of oil equivalent, and Norway had the lowest
Global investment slowdown to hike oil prices and cause 5mbpd undersupply in 2025
Rystad Energy predicts the long-term impact of coronavirus on the oil and gas industry
Indian refiners forced to issue force majeure notices: GlobalData
The lockdown in India has resulted in a sharp drop in fuel demand, forcing refiners to operate at lower capacities
ICAEW: COVID-19 pandemic brings Middle East economies to temporary standstill
The Middle East economy will see a sharp slowdown in the first half of 2020, picking up later in the year