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Oil
Oil Price
Libya Says Oil Shutdown Losses Exceed $3.5 Billion
Libya's oil company says economic fallout from a protracted blockade of its vital oil facilities has resulted in losses surpassing $3.5 billion at a time when t…
Offshore Wind Power
France Oil Giant Total Enters Floating Offshore Wind Sector with UK Acquisition
French oil and gas major Total has acquired an 80% stake in the 96MW Erebus floating offshore wind projected to be built off the coast of Wales in the Celtic Se…
Oil Price
U.S. Diesel Cash Prices Latest to Slump from Coronavirus Fallout
U.S. ultra-low sulfur diesel was the latest product refined from crude oil to take a hit in its cash market last week, after refiners boosted production in a bi…
Shell Pauses $25bn Share Buyback Scheme Amid Oil Market Disruption
Weak demand and falling prices have persuaded Shell to suspend its share buyback scheme for the year, as French major Total follows suit.
Energy Transition
How French Oil Giant Total is Increasing its Clean Energy Portfolio
Total’s gross low-carbon power generation capacity is currently close to 7GW. French oil giant Total has been increasing its clean energy portfolio as part of …
Oil Price
Oil Majors Are Preparing For $10 Oil
The wave of oil industry spending cuts continues, with the majors now announcing significant reductions to spending as oil remains stuck in the $20s.
Oil Price
US Diesel Cash Prices Latest to Slump From Coronavirus Fallout
US ultra-low sulfur diesel was the latest product refined from crude oil to take a hit in its cash market last week.
Oil Price
Algeria Says to Slash Spending in Response to Oil Price Crash
The President announced a 30% cut in the state's operating budget, but did not specify a new level of spending.
Conference on Environmental Sciences and Renewable Energy
The Oil & Gas is an international exhibition in Kiev and one of the most important events of the Ukrainian oil and gas industry. Besides technological products …
Nigeria Oil & Gas Conference & Exhibition
"International Oil & Gas Industry Showcase & Conference"Nigeria Oil & Gas Conference & Exhibition is an international platform for all oil and gas industries to…
Solar Power Panel
Europe Puts Focus On Floating Solar & Agrivoltaics
Norwegian oil giant Equinor is partnering with Saipem, an Italian oil and gas contractor which is 30% owned by Italian energy company Eni. Together, they will j…
Shale Gas
Not Even Higher Oil Prices Can Save U.S. Shale
The U.S. shale industry is burning through cash so fast that even the state of Texas is looking at government rationed production targets. Texas Railroad Commis…
Oil Price
Trump’s Ultimate Weapon To End The Oil War
U.S. President Donald Trump is facing increasing calls from some U.S. senators and congressmen to pressure Saudi Arabia into ending the oil price war, with one …
Shale Gas
Do Saudi Arabia And Russia Really Want To Kill U.S. Shale?
Since 2016, as an informal leader of the 13-strong non-OPEC group, Russia has been instrumental in the pricing of oil as Saudi Arabia, leading producer in the O…
Oil Price
Russia Moves In On European Gas Markets As Oil Prices Crash
Russia sees a silver lining in the oil price collapse—it now believes that the oil price war will help it win the war for natural gas market share in Europe.
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