- Five Major Challenges Facing The Energy Industry
- Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably reasons for many head
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112020-05
- Russian oil output below 10 million bpd for first time since 2009
- Russian oil and gas condensate production in the first five days of May fell to 9.5 million barrels per day (bpd), the first time it has dropped below 10 millio
082020-05
- Over US$85bn of 2020 forecast expenditure erased from oil and gas sector, says GlobalData
- To protect balance sheets, maintain shareholder pay-outs and preserve cash, oil and gas companies have gone into survival mode, reducing forecast expenditure sa
062020-05
- Russia expects up to 15% drop in oil output in 2020
- Russian Energy Minister Alexander Novak on Wednesday said the country’s oil output could fall by up to 15% this year, Interfax news agency reported, repre
042020-05
- The LNG Market Is “Imploding”
- While everyone is understandably watching the meltdown in the crude oil market, the global market for natural gas is also cratering.At least 20 cargoes of U.S.
302020-04
- UAE's ADNOC to cut volumes of Murban, Upper Zakum by 20% in June: source
- Abu Dhabi National Oil Co will cut volumes of its flagship Murban and Upper Zakum grades by 20% in June, compared with 15% cuts for May volumes, in line with th
282020-04
- When oil became waste: a week of turmoil for crude, and more pain to come
- The magnitude of how damaged the energy industry is came into full view on April 20 when the benchmark price of U.S. oil futures CLc1, which had never dropped b
242020-04
- Seismic industry revenues to nearly evaporate in 2020 – Rystad Energy
- The COVID-19 pandemic and the current low-oil-price environment have pushed global exploration and production operators to cut costs, scrapping all but the most
222020-04
- U.S. natgas trading at premium over oil after crude price collapse
- The rapid collapse of U.S. oil futures caused crude’s premium over natural gas to turn into a deficit for the first time ever.If it holds, that could prom
202020-04
- Russia And Saudi Arabia Consider Even Deeper Oil Output Cuts
- Russia and Saudi Arabia may be ready to enact deeper oil production cuts to stabilize prices, the energy ministers of the two countries said in a joint statemen
182020-04
- US Energy Department estimates 2.1% drop in oil production in May,1% drop in natural gas
- Output of oil and natural gas in the United States is expected to decline by 2.1 percent and 1 percent respectively in May compared with production levels this
