The Most Dramatic Year In The History Of Oil
There are very few industries in the world that have been hit as hard or are set to face as many consequences as the oil and gas industry in 2020. Continue Reading
Gas market to experience ‘largest demand shock on record’ in 2020: IEA
The global gas market is expected to experience its “largest demand shock on record” in 2020, the International Energy Agency said June 10, with consumption set to fall 4% on Continue Reading
Qatar Cuts Pay for Foreign Employees Working For Government
Qatar told government-funded entities to cut spending on non-Qatari staffers’ wages as it tries to shore up its finances to cope with the impact of the coronavirus pandemic. The Ministry Continue Reading
ISIS Attacks Surge in Iraq Amid Debate on U.S. Troop Levels
The assailants came at dusk, creeping on foot through the dusty palm groves near the Tigris River, armed only with a rocket-propelled grenade, a light machine gun and Kalashnikovs. They Continue Reading
The Energy Deal Putting Iraq’s $55 Billion Oil Project At Risk
Since firebrand cleric Moqtada al-Sadr became the effective leader of Iraq after the victory of his ‘Sairoon’ (‘Marching Forward’) power bloc in the May 2018 general elections, the practical application Continue Reading
Another Major Oilfield Goes Offline As Libya’s Civil War Escalates
The El Feel oilfield in Libya is shut down again, days after restarting production following months of blockade amid Libya’s civil war, engineers at the oilfield and the National Oil Continue Reading
Libya’s El Feel, Sharara oil fields shut again days after reopening
Highlights NOC confirms closure of two key Western oil fields Brief closure at Mellitah gas complex due to Italy, Greece maritime deal More oil and gas disruptions likely as civil Continue Reading
Indians Shopping Only for Essentials Despite Economy Reopening
Businesses in India from car dealers to clothing retail chains are ready for customers as the economy reopens, but shoppers are holding back. “While the supply situation seems to be nearly Continue Reading
Mexico’s economic outlook worsens amid pandemic, central bank says
Mexico’s economic and financial outlook has worsened amid the coronavirus pandemic, and temporary measures to shore up the financial system will remain in place, the central bank said on Wednesday. Continue Reading
The Pandemic Has Everyone Ditching Coal Quicker — Except Asia
While the coronavirus pandemic is accelerating the death of coal in developed nations, the dirtiest fossil fuel is alive and kicking in Asia. Demand for electricity plunged — and with it Continue Reading