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Oil
Energy Effficiency - The ABB Way
Sleman Saliba, Global Product Manager, Energy Management, and Stein Trostheim, Global Product Manager for Oil & Gas at ABB Energy Industries, discuss how operat…
Oil & Gas Trade
Oil Demand could Peak in 20 years, Says Saudi Aramco IPO Prospectus
A second scenario in the Saudi Aramco prospectus assumes a faster transition away from fossil fuels that leads to peak oil demand occurring in the late 2020s.
Oil and Gas Equipment
EU's New List of Energy Projects Includes 32 Gas Facilities
The EU says it wants to get out of fossil fuels and become climate neutral as soon as possible. But the European Commission’s latest list of energy projects el…
Oil&Gas Drilling
China's CNPC Launches Deepest Onshore Gas Field
CNPC has fully launched the deepest onshore gas field in the country, Keshen 9, in the south foot of Tianshan in Tarim oilfield, Xinjiang region, reported state…
Oil & Gas Trade
China to Remain a Battle Ground for Saudi Aramco, Russian Crude Suppliers
China has been relying heavily on Saudi Arabia and Russia for its refinery feedstock requirements over the recent years, with both producers constantly switchin…
Saudi Aramco Targets Sale of 0.5% of Oil Firm to Retail Investors in IPO
Saudi Aramco is looking to sell up to 0.5% of the state oil giant to retail investors in its planned initial public offering (IPO), three sources familiar with …
Oil&Gas Drilling
Iran’s president: New oil field found with over 50B barrels
Iran has discovered a new oil field containing 53 billion barrels of crude, President Hassan Rouhani said Sunday, a find that would increase Iran's proven reser…
Oil & Gas Trade
Saudi Aramco's Record IPO to Launch November 17
Saudi Aramco will allow investors to start bidding for shares in the world’s most-profitable company from Nov. 17. It left potential buyers in the dark about t…
Market Analysis
African Countries Tout Their Oil And Gas Investment Opportunities
Several African countries have used the Africa Oil Week (AOW) event in Cape Town this week to promote their oil and gas sectors to a global audience of investor…
Crude
Equinor Finds New North Sea oil well, Norway's Oil Boom Is Backing
“After a string of recent discoveries, 2019 is shaping up to be the most successful exploration year since 2014 on the Norwegian Continental Shelf (NCS).”
Oil & Gas Trade
Analysts Say : Germany to Become Key to EU Gas Transit
Germany will become key to Europe’s gas transit with the completion of the Nord Stream 2 pipeline, while also seeing some liquidity move from the Dutch TTF hub…
Crude
Brazil Oil Auction Flops as Most Foreign Players Stay Away
Brazil’s largest-ever auction of oil deposits flopped, after state-controlled Petroleo Brasileiro SA scooped up two of the blocks while the remaining two went …
Why would Anyone buy Saudi Aramco?
Saudi Aramco makes more money than any other company on Earth. But low oil prices, the climate crisis and geopolitical risk could deter investors from buying in…
Oil & Gas Trade
Serbia and Russia Agree on Expanding Volumes of Underground Gas Storage Facilities
Serbia has reached an agreement with Russia on expanding the volume of underground gas storage facilities from 750 million to abour 2 billion cubic meters, Serb…
Oil and Gas Equipment
How Nigeria can Curb Oil Revenue Losses
To curb oil theft challenges, there is a need for closer community engagement among critical stakeholders if the nation will effectively realise its revenue tar…
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