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Nationwide lockdowns across the Asia Pacific region to curtail the spread of Covid-19 has resulted in a steep decline in demand for transportation fuel. This has resulted in piling up...
At present, US LNG is less competitive worldwide given the narrow differential between Henry Hub prices and Northwest Europe TTF price as well as LNG spot prices in Asia. Once...
The announced government-supported temporary tax relief proposal designed to ensure continued investment in the oil and gas industry is likely to benefit recently sanctioned and smaller projects; larger projects are...
The UK-based oil and gas company is in talks regarding exports to Spain London-based Chariot Oil and Gas has competed the development feasibility study for its project to develop Morocco’s...
Adnoc is moving ahead with a plan to create a pool of service providers that will execute engineering jobs.
The five-year contract was awarded by Kuwait Integrated Petroleum Industries Company (Kipic) to Honeywell US-based Honeywell and Kuwait Integrated Petroleum Industries Company (Kipic) have signed a five-year, multimillion-dollar contract for services...
As key suppliers to the oil and gas industry, oil field service providers rely on strong industry spending and activity to succeed. The industry consequences of Covid-19 and subsequent market...
GlobalData’s latest report 'Global LNG Industry Outlook to 2024 – Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Terminals' says that global liquefaction capacity increased from...
The GlobalData Upstream Impact Scorecard considers a number of factors that determine a company’s upstream business impact from Covid-19 and weakened oil prices, in comparison to industry peers. The oil...
The Covid-19 pandemic originated in China in December 2019 and had spread at an alarming rate across the globe, nearly reaching seven million cases worldwide and causing major impact on...
