After a challenging 2020, the oil and gas demand recovery – supported by vaccination efforts and OPEC+ supply cuts – is proving good for drilling activity. Rystad Energy expects around Continue Reading
Congratulations, everybody. We did it. It’s March 24, 2021—tomorrow morning!—and we’ve woken up to discover just sitting there in the garage a boundless zero-carbon technology. What do you think it Continue Reading
Libya’s state oil producer is set to get the biggest portion of development spending in the country’s new budget, potentially aiding plans to raise output as the industry recovers from Continue Reading
Basra Oil Company workers reconnect gas flares of the Nahr Bin Omar oil field further away from residential areas. (Source: Basra Oil Company media office) Iraqi oil production jumped by Continue Reading
The blockage of the Suez Canal by a giant container vessel is likely to send ripples of disruption through the global energy supply chain. European and U.S. refiners that rely on the Continue Reading
Eight tug boats were attempting on Wednesday to free a 400m (440-yard) long container ship that ran aground in the Suez Canal, blocking vessels passing through one of the world’s Continue Reading
Last year, Saudi Arabia’s national oil company Saudi Aramco sent shockwaves through the natural gas markets after it announced that it was kicking off the biggest shale gas development outside Continue Reading
Saudi Aramco is in no hurry to expand its oil production capacity to 13 million bpd as it said it would last year just as the pandemic was beginning to Continue Reading
Kazakhstan meticulously studied the lessons of the 2014/2015 oil slump and has so far survived the last 12 months’ market depression with legislative and executive poise. Though still heavily dependent Continue Reading
India’s steel mills, the second-largest producers globally, expect hydrogen-based production to be key to cutting pollution as the nation comes under pressure to zero out greenhouse gas emissions. As the world’s third-biggest Continue Reading
