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Market Analysis
Oil Industry Braces for more Mideast Turmoil After Soleimani Killing
The U.S. assassination of one of Iran’s most powerful generals has the oil industry bracing for something it has long feared and anticipated – direct military…
Cotemar
We are Mexican company specialized in services for the oil industry since 1979. The core services we provide are concentrated on modernization, construction and…
CCS
UK Oil Industry Calls for Urgent Action for Carbon Capture, Use And Storage(CCUS)
Investment in the energy sector needs to double from £20-£25bn a year today to £40-£40m if the UK is to meet its net zero challenge.
Oil&Gas Drilling
Russia’s Oil Companies Propose Postponing Extension of OPEC+ Deal Until March
At a meeting at the Ministry of Energy on Thursday, representatives of the Russian oil industry proposed that the current quotas for reducing production within …
Grassley Pushes Trump, EPA to make Changes that will Restore Biofuels Demand
U.S. Sen. Chuck Grassley said Wednesday he met with President Donald Trump this week to push for changes that would restore demand for renewable fuel lost to oi…
Oil & Gas Trade
BNP Paribas Analysis Says Demise of Big Oil Is Coming Within A Decade
According to a new analysis by BNP Paribas, the big oil industry is “now in relentless and irreversible decline,” mostly thanks to the dip in prices for batte…
Gidrosistemy LLC
Our company designs and manufactures test benches and stands for oil industry, shipbuilding, mechanic engineering (high temperatures, pressure, non-standard equ…
Oil & Gas Trade
Iran Says U.S. Fails to Halt Iran's Oil Industry Development
Iranian Petroleum Minister Bijan Namdar Zanganeh said the United States has failed to exert pressures on Iran through sanctions against the country's oil indust…
Will the Oil Industry Help Address Climate Change?
Many climate scientists warn that if we don’t change course the planet will warm by as much as 6 degrees Celsius, according to an article prepared by NASA’s J…
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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