Ιστολόγιο category - Oil Industry

The lifting of the blockade in Libya continues to yield benefits for the countries oil industry, which was brought almost to a standstill for eight months when oilfields and ports were

Anglo-Dutch oil major Royal Dutch Shell has announced its intention to write down its oil and gas assets by $3.5 billion as it adapts to a new

Dan Brouillette, the US Energy Secretary, is floating the idea of using pipelines as an alternative to tankers for transporting oil from the Middle East. This would reduce the reliance on tankers needing to pass…

The OPEC group has slightly downgraded its expectations for a resurgence in demand next year, citing a slow recovery in

Anglo-Dutch oil major Royal Dutch Shell has lent its backing to California-based start-up ZeroAvia, which aims to develop

Oil major Exxon Mobil has set itself the target of lowering the intensity of emissions from greenhouse gasses on

As part of its long-term commitment to end all fossil fuel extraction by 2050, Denmark has called an immediate end to oil and gas exploration in its area of the North Sea.

The largest oil producer in Western Europe, Norway, has announced it will end its government-imposed cuts at the end of

Despite its plans to transition to more green energy generation, BP has announced it intends to invest more in oil and gas operations in

A leader in the oil and gas upstream industry, Iman Hill, has been appointed – effective immediately – as the new Executive Director of the

The recent OPEC+ meeting concluded with a compromise that will see it participants begin to slowly ramp up production again from

According to the new monthly report from the US Energy Information Administration (EIA), oil production in the US is rising once more, although it still has some way to go before it reaches