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Oil
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.
Crude Oil
Azerbaijan Could Soon Tap Its 410 Million Barrel Oil Reserves
Azerbaijan says it has proven an oil deposit in the Caspian Sea is commercially viable, offering a small psychological boost as the country’s oil-based econo…
Oil & Gas Trade
Oil’s Demand Plunge Doing More Damage than The Price War
Imagine U.S. President Donald Trump makes a deal with Saudi Arabia and Russia to cut oil production. Envisage Washington, Moscow and Riyadh going big, each cut…
Oil & Gas Trade
Energean Secures Gas Prices for 70% of Output
Israeli gas-focused company Energean said Tuesday it’s well-placed to weather the challenges currently posed to the industry.
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