Blogg category - Oil Industry

The chief executive of BP’s downstream segment, Tufan Erginbilgic, has decided to part ways with the major oil company, according to an

The Joint Technical Committee, which advises the OPEC+ group, has proposed a further production cut of 600,000 barrels per day (bpd) in

Oil and Gas UK (OGUK), which represents the UK oil and gas industry, has presented its plans for decarbonising the sector in response to the net-zero emission goals set by the UK and Scottish governments.…

The US Energy Information Administration (EIA) has published its 2020 Annual Energy Outlook. It predicts that the US will become a net exporter of crude oil and derived products this year as production continues to

Oil and other fossil fuel products, such as natural gas, get a mixed press. There’s no doubt that oil is useful; it powers our vehicles and keeps the wheels of industry turning. Natural gas is…

Reuters is quoting sources within OPEC as saying that the cartel wishes to extend its production cuts at least to June, with deeper cuts also being on the cards if demand falters. The development has

Which countries, on the planet, are the biggest producers of oil? Many of us will think of the Middle East when oil is mentioned. This is understandable, as in fact one of the manufacturers of…

The US Energy Information Agency (EIA) has said that the efficiency of oil production from new wells in tight formations, which is commonly referred to as shale oil, increased for the 10th year running in…

AWJ Civil, an Australian company that specialises in environmental remediation and civil engineering work, has decided to

According to the head of Wood Mackenzie’s refining and oils market team in Asia, Sushant Gupta, OPEC looks set to continue its

Oil producers outside the OPEC cartel will continue to grow their crude oil production this year, so much so that it will

With the Australian Supercars season set to launch in Sydney in early February, preparations are well underway. This year, BP