Cost uncertainty for offshore oil and gas projects around the globe could be as high as $220bn over the next four years.
Read More »Qatar. Russia Will Boost Economic and Trade Cooperation
Qatar and Russia have enjoyed a long history of strong bilateral trade relations.
Read More »BP. Partners Confirm Investment in Deepwater Angola
P and partners today confirmed they have agreed further investment into deepwater Block 15. offshore Angola as part of an agreement with Angola'.s National Agency for Petroleum. Gas and Biofuels (NAPGB).
Read More »Technology Center to Be Established for Developing Achimovsky-Strata Oil Deposits in Russia
This new center is being established to bring Achimovsky reserves—which are categorized as hard-to-recover reserves—into development.
Read More »Markets Lose Hope for Pemex Rescue
Fitch Ratings downgraded Petroleos Mexicanos for a second time in five months. plunging the world’s most indebted oil company into junk status.
Read More »Greenhouse Gas Emission Have Declined in the UK
The United Kingdom has Made major progress in reducing emissions. according to the IEA’s latest country review.
Read More »Oil Industry Banks On Shaky Plastic Bet
Even as oil demand is beginning to weaken this year due to a brewing economic slowdown. the oil industry faces a longer-term threat to oil demand as bans on plastic begin to multiply.
Read More »Demand from Asia Is Set to Power the Growth of the Global Gas Industry Over the Next Five Years
Global demand for natural gas is set to keep growing over the next five years. driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade.
Read More »Key Appointment for DNV GL’s New Future of Gas Team in The UK
DNV GL has appointed Corin Taylor as a principal consultant in its new Future of Gas team in the United Kingdom.
Read More »Putin Highlights Differences with Saudis as OPEC Decision Looms
A year ago. in the enduring twilight of one of St. Petersburg’s famous white nights of summer. Saudi Arabia and Russia reached an agreement that set a new direction for the oil market.
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