COVID-19 has only intensified this dynamic: the severe contraction of the oil and gas sector has…
Category: Energy
Innovative Charging Buoy that can Bring Green Electricity to Offshore Wind Farm
Offshore vessel firm Maersk Supply Service and its compatriot offshore wind developer Ørsted, are testing an…
Digital Transformation that is Guiding the Evolution of the Oil and Gas Industry
It is important to examine the digital transformation that is guiding the evolution of the industry…
SABIC Posts Profit
SABIC, said third-quarter profit was SAR1.09bn ($290m) compared with SAR740m in the same period last year.…
Divesting of Shale Assets by Chevron
Chevron has been trying to unload its Appalachian gas holdings since late 2019, when it recorded…
Brazil Advanced to the Position of Third-Largest Supplier of Crude Oil to China
China’s imports of Brazilian oil from January to September were 33.69 million tons, an increase of…
BP Swings Back to Small Profits
London-based company said that while fuel demand in Asia, particularly in China, was recovering, global consumption…
El Sharara Field – The Largest Oil Field in Libya to Resume Operations
National Oil Corporation said in a statement that it had given instructions to start production arrangements,…
Baker Hughes a Hub for Start-up Business
Digitalization is all about leveraging digital technologies that will be an enabler and improve processes. Baker…
Santos Ltd Hit by a Drop in Realized Gas Prices in Australia
Australia’s no. 2 independent gas producer said sales revenue came in at $797 million for the…