Iraq Is Losing Market Share In European Oil Markets
Almost everything in life is a matter of perspective, including developments in the oil and gas industry. For people who would start to study global oil flows today, it would Continue Reading
Extra Saudi Cut Sends OPEC Oil Production Plunging By 650,000 Bpd
OPEC’s crude oil production fell by 650,000 barrels per day (bpd) in February, due to the extra cut from top producer and de facto leader Saudi Arabia, the cartel’s Monthly Continue Reading
Nigeria: Bayelsa Community Shuts Conoil’s 30,000 BPD Flow Station
The protesting community says the company was “insensitive to its social obligations to the people.” A crude production flow station operated by Conoil Production at Ango field in Koluama, Southern Continue Reading
Coal India Approves $6.4 Billion In New Coal Projects Despite Green Push
State miner Coal India has approved as many as 32 new coal mining projects worth a total investment of US$6.4 billion, as one of the world’s largest coal consumers looks Continue Reading
Two Major Institutions Team Up To Boost Renewables In Latin America
The Inter-American Development Bank (IDB) and the International Renewable Energy Agency (IRENA) are teaming up to promote renewable energy investment in Latin America and the Caribbean, backing the energy transition Continue Reading
Argentina’s Shale Patch Is Poised For A Comeback
After a harsh 2020 and slow post-pandemic recovery Argentina’s hydrocarbon sector has come roaring back to life. A combination of substantially higher oil prices, government subsidies, favorable legislation and growing Continue Reading
Venezuela’s diesel shortages, the latest blow to ailing Venezuela
Fearful of being robbed and scared of losing his place in a miles-long line for diesel, Daniel Trocel spent the entire night in his truck parked along the edge of Continue Reading
China Splurges On Iranian Oil Despite U.S. Sanctions
Despite the U.S. sanctions on Iranian oil exports, some Chinese refiners are buying so much Iranian crude that the ports in the Shandong province, where most independent refiners are based, Continue Reading
Ship Forced to Wait 269 Days Unloads Australian Coal in China
A ship that waited nine months is among a handful of vessels that China has let unload their cargoes of Australian coal, a reprieve for some of the seafarers and Continue Reading
Tight oil public E&Ps maintain 55% reinvestment rate in 4Q20
Rystad Energy Webinars We are adapting to the current digital workplace and hosting numerous webinars going forward, some on short notice. Follow our webinar page to make sure you don’t Continue Reading