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Oil and gas investors will likely be reluctant to commit an exploration budget to licensing rounds in the near term due to the economically challenging conditions and uncertainty created by...
The Covid-19 pandemic has impacted the commercial interests of energy producers such as Abu Dhabi National Oil Company (Adnoc). The company has issued a notification to its supply chain calling...
China’s Sinopec Heavy Lifting & Transportation Company (SLT) has been subcontracted to work on the first phase of the Duqm Refinery and Petrochemicals Industries scheme. The specialist heavy lifting contractor...
With global oil prices currently hovering in the sub $30/barrel level and the number of Covid-19 cases rising on a daily basis, companies are being forced to rethink ongoing project...
With the US West Texas Intermediate (WTI) currently below $25 per barrel (bbl), most of the US shale players are expected to bear the intensified pain at such pricing condition....
The oil and gas industry, in an attempt to respond to continued bad press related to sustainable practise, has taken significant steps to improve safety conditions for many of its...
The spread of Covid-19 has significantly impacted the global LNG sector, including the operators of the LNG regasification terminals. Globally, most of the upcoming LNG regasification terminals expected to start...
Lately, China has established itself as the most dominant country among the emerging economies, hence, when Wuhan City in Hubei became ground zero for Covid-19 outbreak, it resulted in a...
Contractors are preparing to bid on five separate oil facility project contracts in Libya, which are all being tendered by the country’s National Oil Corporation (NOC) on behalf of its...
Egypt is reducing energy prices for industrial users as part of measures to soften the economic impact of the coronavirus (Covid-19). The country will lower the price of natural gas...
