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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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252019-12

Natural gas production headed for a slow-down in 2020 in US
Pennsylvania, Ohio and West Virginia accounted for one third of the country’s shale gas production in 2019.The region’s Marcellus and Utica shale ga

232019-12

BP and Chevron to fund oil and gas exploration in South Australia
BP and Chevron are set to make an investment of A$116.5m ($80.11m) towards new oil and gas exploration activities, with majority of the amount planned for South

212019-12

BP follows Total in quest to improve recyclability of petroleum-based products
BP is the latest oil giant to announce it would join forces with companies across the plastic value chain to speed up efforts to improve recycling technology.

192019-12

EU chems 2020 output expected flat after 1% decline in 2019 - Cefic
EU chemicals production is expected to have fallen 1% in 2019, year on year, with no growth expected in 2020 as uncertainty continue to weigh on demand, EU

182019-12

Oando inks two gas supply deals with Nigeria LNG
Nigerian energy solutions provider Oando has signed two gas supply agreements with Nigeria LNG. The deals are for the renewal of gas supply for the exis

162019-12

Qatar open to accepting all currencies for trade - finance minister
Qatar is open to accepting all currencies for trade though the dollar will still dominate, Finance Minister Ali al-Emadi told a conference in Doha on Saturday.

142019-12

Chevron to plug US$20 billion into 2020 capital, exploration budget
Chevron Corporation on Wednesday announced a 2020 organic capital and exploratory spending program of $20 billion. The 2020 budget supports a robust portfolio

122019-12

Saudi Arabia plans for lower 2020 oil revenues on OPEC cuts, global trade disputes
After three years of record budgets to spur growth, Saudi Arabia said Monday it plans to scale back government spending through 2022, forecasting lower oil rev

102019-12

Risky business: 50 O&G companies filed for bankruptcy in first 9 months of 2019
According to the law firm Haynes and Boone, 50 energy companies filed for bankruptcy in the first nine months of 2019. These include 33 oil and gas producers,

082019-12

Flood of cheap LNG from Qatar imperils rival North American projects
Proposed projects to export liquefied natural gas (LNG) from North America face an uphill battle against Qatar, which announced plans to further ramp up produc
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