75% of companies report supply chain disruptions in some capacity due to coronavirus-related transportation restrictions. 16%…
Category: Energy
Offer to Combine NPCC and National Marine Dredging
Senaat, a part of ADQ, and other minority shareholders of NPCC, submitted the offer with the…
Non-Oil Economy Expansion in Dubai
Dubai Purchasing Managers’ Index rose to 51.7 last month, climbing from June’s mark of 50 that…
Saudi Aramco’s Profit Plunged 73% in the Second Quarter
Major oil companies have taken a hit in the second quarter as lockdowns to contain the…
Storage Demand Across Terminal Operations Globally
Increased demand for bulk liquid storage at its facilities is a result of the upward price…
2D, 3D Real-Time Well Visualization
Weatherford International announced a strengthened collaboration with upstream data visualization provider INT to provide next-level, real-time…
Chapparal Energy Files Bankruptcy
Chapparal Energy filed for Chapter 11 in U.S. Bankruptcy Court in Delaware as it seeks to…
Shell to Acquire 50% stake in Nayara Energy’s Petchem Project
Shell plans to acquire a 50% stake in a petrochemical project planned by Nayara Energy (Mumbai,…
Oil Demand Recovery Delayed until 2022
Global oil demand won’t return to 2019 levels until at least 2022 and the gap may…
Scaling-up Renewable Energy Development in Egypt
Electricity demand was growing quite rapidly in Egypt, having increased 7.5 percent a year between FY2003-08.…