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Oil industry

Digital Energy Transformation
$100 Billion Can Be Saved By The Automation And Digitalisation Initiatives in Oil Industry
Automation and digitalisation initiatives could help the global upstream oil industry save a whopping $100 billion of their budget in the 2020s, according to a …
Crude
Iran on Full alert to protect oil facilities from possible attacks
Iran’s oil minister, Bijan Namdar Zangeneh, has ordered his country’s energy sector to raise its alert levels against cyber and military attacks that could ta…
$20B Danish Fund Ditches Oil Supermajors Over Climate Concerns
The US$20-billion Danish fund MP Pension said on Tuesday it is excluding the world’s largest oil companies from its portfolio, looking to secure long-term retu…
Oil & Gas Trade
US Sanctions on Iran's Oil Industry have Slashed the OPEC Member's Crude Exports
While US sanctions on Iran’s oil industry have slashed the OPEC member’s crude exports by more than 80 percent, oil product sales from the Islamic Republic re…
Trump's EPA Grants 31 Small Refinery Waivers from Biofuel Laws
The U.S. Environmental Protection Agency has granted 31 small refinery biofuel waivers for 2018 on Friday, infuriating the ethanol and corn producers who blamed…
Shell's Low Carbon Investments could Safeguard Against Decline in Oil Fortunes
Increasing investments in EVs, renewables, biofuels and clean tech make Shell a safer long term bet for investors compared to some its oil industry peers, says …

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