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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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232020-12

Uzbekistan to Cut Gas Exports Amid Domestic Shortages
Uzbekistan will cut natural gas exports, which mostly go to China, because of domestic energy shortages, the Central Asian country's energy ministry said o

162020-12

Fossil fuels still reign, but renewable energy makes inroads
Five years after the signing of the Paris Climate Accord fossil fuels still dominate the energy landscape but it is renewables that are enjoying the stron

082020-12

Russia to increase oil output by 125,000 b/d starting January: Novak
Russian oil companies are ready to increase oil production by 125,000 b/d starting January as part of the 500,000 b/d production tweak agreed by the OPEC+

022020-12

Russian oil giant announces start of vast Arctic project
Russian oil giant Rosneft on Wednesday announced the start of operations for its giant Vostok oil project in the Arctic, part of the country's strategic en

242020-11

Kazakhstan to produce 86 million tons of oil in 2021
Kazakhstan is projected to produce 86 million tons of oil next year, according to the country's Minister of National Economy Ruslan Dalenov on Thursday.

182020-11

Halliburton builds one of the largest mud plants in the hemisphere, expands local workforce in Guyana
US oil field service company Halliburton has been steadily expanding its activities in Guyana since setting up operations in 2015 which has seen the establi

122020-11

Saudi Aramco records $11.8 in third-quarter 2020 net income, declares $18.75b dividend
The Saudi oil giant Aramco recorded a net income of $11.8 billion between July and end September, while confirming that it will be paying another $18.75 bil

282020-10

North America Oil Bankruptcy Debt Hits All Time High
The associated debt from North American oil and gas bankruptcies in 2020 has already reached an all-time high.That’s what Rystad Energy said in a statemen

222020-10

Japan’s monthly LNG imports edge up
Japanese imports of liquefied natural gas (LNG) edged up in September following a two-month decrease. The provisional data released by Japan’s Mini

162020-10

Global oil demand to recover by 2022: Aramco
Global demand for crude could recover to pre-coronavirus levels by 2022, Saudi Aramco said Tuesday, as the International Energy Agency projected it could ta
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