Every year and following the publication of the BP Statistical Review, Rystad Energy releases its own assessment to provide an independent, solid and clear comparison of how the world’s energy Continue Reading
As the spread of the novel coronavirus disrupted industries around the world, the rate of global greenhouse gas emissions took a big dip. BP’s annual Statistical Review of World Energy Continue Reading
Top oil shipping companies say they have tightened operational guidelines and deployed technology to prevent accidental breaches of sanctions, as the countries hit by ever tougher restrictions fight back with Continue Reading
Saudi Arabia’s crown prince pledged five years ago to unshackle the economy from oil by 2020. But as the world’s top crude exporter seeks to maintain growth and generate jobs, Continue Reading
The recent failure of OPEC and its allies to agree on a plan to ease production cuts in August means oil-market investors face the contradictory worries of both undersupply and Continue Reading
OPEC+ could take until August to decide whether to adjust production baselines, Arab News reported , citing JP Morgan analyst Christian Malek. According to Malek, the oil cartel could take Continue Reading
The United Arab Emirates on Wednesday become the first Gulf state to open an embassy in Israel, as its envoy hailed the trade and investment opportunities that closer ties would Continue Reading
Iraq has picked China’s state-run CNCEC to build an oil refinery at the port of Fao on the Gulf, the oil ministry said on Tuesday. The refinery in Fao will Continue Reading
The United States has been engaging in “indirect but active” discussions to secure the release of U.S. detainees in Iran, State Department spokesman Ned Price said on Tuesday, adding that Continue Reading
Oil spill. Shell had claimed the case would be better decided in Nigeria. Now, its subsidiary SPDC will now be part of the lawsuits filed in England against Royal Dutch Continue Reading
