Oil surplus to put global storage infrastructure in trouble: Rystad Energy

cameron venti ASmaVyS4AZM unsplashThe largest oil supply surplus the world has ever seen in a single quarter is about to hit the global market from April, creating an imbalance of around 10mn bpd

Hits: 731

Read more ...

Coronavirus adds more woes for oil and gas industry, says GlobalData

25821588705 790e7ca91c cThe recent coronavirus (COVID-19) outbreak is adding further woes for the oil and gas industry, which is already plagued by oversupply and declining prices

Hits: 1400

Read more ...

VIES announces multi-million-dollar investment from Blue Water Energy

48403439486 539ec59259 cVarel International Energy Services (VIES), the international supplier to the oil and gas industry, has announced a multi-million-dollar investment from Blue Water Energy, the international private equity firm that specialises in the energy sector

Hits: 1038

Read more ...

First ‘ADNOC On the go’ station opens in Al Bateen

adnoc 2020 03 17The first ‘ADNOC On the go’ neighbourhood service station has opened its doors to the local community at Al Bateen, Abu Dhabi

Hits: 810

Read more ...

Global oil demand down 2.8 per cent bpd in 2020: Rystad Energy

lighted buildings near body of water 3105242Global oil demand will decrease by 2.8 per cent or 2.8mn bpd per day year-on-year as the spread of coronavirus continue to escalate, according to consultant Rystad Energy

Hits: 816

Read more ...

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W:

twn Are you sure that you want to switch to desktop version?