Ces

Oil & Gas Trade
Saudi Arabia Announces Additional Voluntary Reduction of Crude Oil Production
Saudi newspapers highlighted in their editorials today a number of issues at local, regional, and international arenas.
Oil&Gas Drilling
Australia is in the Process of Developing Dorado Field
Australia's Santos is pushing forward with its Dorado field development. The competitive process for the supply of the FPSO has started and a shortlist of contr…
LNG
Asian LNG Prices Spike 20% As Demand Returns
This week, the uptick in demand and the lower supply have sent LNG prices jumping.
Oil & Gas Trade
Justin Trudeau Wants Canadian Oil Producers to Set Climate Targets
The comments come as Japan's biggest bank by assets said it would restrict transactions involving oil sands, while Norway's $1 trillion wealth fund blacklisted …
Norway Takes $41 Billion From Oil Fund To Bolster Economy
Norway is set to use a record amount of petroleum revenues from its US$1-trillion oil fund – the world’s largest sovereign wealth fund – this year to counter…
Oil Price
Oil Jumps After Saudi Arabia, UAE And Kuwait Pledge Deeper Cuts
Oil prices rose early on Tuesday after OPEC's Middle East heavyweights pledged additional cuts, instilling hopes in the market that further production reduction…
Mexico Power Reliability Proposal Challenges Renewable Sources
Mexico’s energy ministry is seeking to prioritize state-run utilities over new entrants to support supply stability.
Wave Energy
Bombora and ORE Catapult Collaborate on Floating Wave Technology
Wave energy developer Bombora has joined forces with the Offshore Renewable Energy Catapult's Marine Energy Engineering Centre of Excellence in Wales for a rese…
Coal Trade
Australia Eases Access to Seaborne Coal Markets
Coal ports in Queensland, Australia, are easing restrictions on covid-19 for foreign crew members.
USA Calls for A Uranium Reserve Programme
Rita Baranwal, assistant secretary for nuclear energy at the Department of Energy, said the country's ability to produce domestic nuclear fuel is "on the verge …
Crude Oil
Oil Drops in Early Asian Trading Amid Worries about Second Wave Pandemic
Oil prices fell in early Asian trading on Wednesday after industry data showed a rise in U.S. crude inventories and concerns mount about a possible second wave …
Clean emission
South Korea Wants to Double Renewables Target by 2034
Korea has proposed aiming for renewable sources to account for 40% of the nation's power by 2034. The current plan targets 20% by 2030.
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Oil Price
Aramco Earnings Plunge By 25% As Low Oil Prices Persist
Despite the profit slump of US$6 billion in Q1, Aramco’s free cash flow was more resilient and fell to US$15 billion from US$17.4 billion in Q1 2019.
Oil & Gas Trade
Saudi Aramco Will Continue to be Under Pressure as First-quarter Profit Slides 25%
Saudi Aramco reported a 25% fall in net income for the first quarter on Tuesday, as the state-owned oil giant battles with a dramatic slide in crude prices and …

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Ces

Saudi Arabia Announces Additional Voluntary Reduction of Crude Oil Production

Australia is in the Process of Developing Dorado Field

Asian LNG Prices Spike 20% As Demand Returns

Justin Trudeau Wants Canadian Oil Producers to Set Climate Targets

Norway Takes $41 Billion From Oil Fund To Bolster Economy

Oil Jumps After Saudi Arabia, UAE And Kuwait Pledge Deeper Cuts

Mexico Power Reliability Proposal Challenges Renewable Sources

Bombora and ORE Catapult Collaborate on Floating Wave Technology

Australia Eases Access to Seaborne Coal Markets

USA Calls for A Uranium Reserve Programme

Oil Drops in Early Asian Trading Amid Worries about Second Wave Pandemic

South Korea Wants to Double Renewables Target by 2034

Supplying distribution network accessories

Aramco Earnings Plunge By 25% As Low Oil Prices Persist

Saudi Aramco Will Continue to be Under Pressure as First-quarter Profit Slides 25%