Tag Archives: International

The second quarter of this year will see the largest volume of liquids production cuts, including shut-in production, in the history of the oil industry, the latest assessment on oil markets by London-based global information provider IHS Markit’s Crude Oil Market Service shows. IHS Markit now expects as much as …

Oil demand could rebound enough to exceed supply by the end of this month, Goldman’s head of commodities Jeffrey Currie told Barron’s Market Brief, noting that this would be in no small part because of the production cuts implemented by all major producers. However, there are some 1.2 billion barrels …

The oil price has been predicted to hit $100 per barrel in around 18 months. The oil price will hit $100 per barrel in around 18 months. That’s what Orascom Investment Holding Chairman and CEO Naguib Sawiris believes, a new CNBC television interview has revealed. “I actually believe that in, …

The glut of natural gas could lead to more cancelled LNG exports in the next few months. “It is clear that yes we face today people talk lot about the oil market, but the gas markets are suffering a lot,” the CEO of Total SA, Patrick Pouyanne, told investors and …

Global wind capacity of more than 650GW is generating 400 billion points of data annually.

As the UK Government prepares to ban the sale of conventional vehicles by 2035, a new study reveals the gaps in British infrastructure that could slow the transition.

The firm says the platform allows regions in harsh maritime environments to access affordable clean power generated from wind, solar and tidal energy.

Social distancing is directly affecting global travel, logistics and material handling, as well as potentially creating gaps along the oil and gas supply chain that will take some time to fix, says GlobalData, a leading data and analytics company. The company’s report, ‘Coronavirus (COVID-19) Case Study: Impact on Oil & …

It has not yet been made clear why the company has applied for the licence, which was made to the Gas and Electricity Markets Authority.

A new study projects electricity demand in Faroe Islands will reach 600GW by 2030, allowing tidal energy to play a bigger role in its power generation.