Oil prices up on new US era enthusiasm and crude stocks relief expectations
Oil prices have risen on enthusiasm about a new policy era in the US and on anticipation for a decline in crude inventories.
Oil prices have risen on enthusiasm about a new policy era in the US and on anticipation for a decline in crude inventories.
The IEA has revised down its forecast for global oil demand by 0.6 million bpd for 1Q21 and 0.3 million bpd for 2021 as a whole.
As Joe Biden’s inauguration approaches, Wood Mackenzie experts share how his administration could impact trade, climate change goals, and changes to the energy sector in Asia Pacific.
Oil prices are steady after early losses, as traders put hopes on China’s economy, a positive note against renewed Covid-19 concerns.
Total has said that API's climate positions were only "partially aligned" with its own.
The US Energy Information Administration expects production of all fossil fuels – crude oil, coal, dry natural gas, and natural gas plant liquids – to increase in 2022, but forecast fossil fuel production will remain lower than the 2019 peak.
The clean-tech company has endeavoured to make the oil and gas industry greener, through experimenting with using floating wind and wave energy to power oil and gas facilities.
Aggregate fossil fuel demand is set to peak in 2027 – with oil peaking in 2029 and gas in 2037 – partially due to the impacts of COVID-19, according to new research by McKinsey & Co.
Will Dunn, Lifting Equipment Store, argues that while the challenging circumstances created by COVID-19 have brought extreme pressure on offshore and onshore production and storage facilities to maintain top levels of safety and resilience the industry cannot let focus slip.
Oil prices fell on Thursday, trimming excess gains as the impact of increasing Covid-19 infections to oil demand sinks in.
Vicki Knott, Crux OCM, predicts the key trends that will shape energy markets in 2021.
Oil prices rose on Wednesday, boosted by expectations that Saudi Arabia’s extra cuts will create a tight market, but there is a downside Covid-19 risk as infections rise.
In the second part of a two-part article, Alexandre de Rougemont, MAN Energy Solutions, continues his exploration of how a joint venture between Aker Solutions and MAN Energy Solutions is supplying a modular subsea compressor system that is set to increase efficiency, reduce energy use and improve performance.
Oil prices gained on Tuesday, squeezing the last dollar cents from optimism the promised Saudi cut and the OPEC meeting created last week.
The fifth annual Global Energy Talent Index has been released, showing that the COVID-19 pandemic has ushered in a crisis of confidence for the oil and gas workforce.