The inevitable end of the big oil and gas dividend?
With large disruption on the horizon, will the largest oil and gas companies treat dividends the same way in future?
Capital spending
Asia to lead global polyvinyl chloride capacity additions by 2025
Global polyvinyl chloride capacity is to grow over the next years, with Asia being a...
Chevron had profitable earnings in Q1 2021 but remain cautious in capital allocation
Chevron earnings in Q1 2021 posted a profit of $1.4bn, still down from pre-pandemic levels...
Annual global oil and gas industry contracts review – contracts activity remains subdued due to crude oil price volatility, CapEx reduction and Covid-19
Oil and gas contract activity remained subdued in 2020, with the industry recording a decrease...
Must-know facts about fossil fuels: production, consumption and climate change trends
Fossil fuels are the world's most abundant and widely used energy sources. Despite the increased...
Canadian operator Enerplus acquires Bruin E&P for $465m
Canadian oil and gas operator Enerplus has announced its full acquisition of Bruin E&P for $465m.
Offshore market snapshot: tanker and license deals focus on Europe
The third business week of the year (running Sunday 18 to Saturday 23) started with tanker trades and stake acquisitions in Europe. After the large stake trades in the week before, this week saw a...
Asia to lead global styrene-butadiene-rubber (SBR) capacity additions by 2024
The global styrene-butadiene-rubber (SBR) capacity is set to see considerable growth over the next five years, potentially increasing from 7.92 mtpa in 2019 to 8.57 mtpa in 2024, registering total…
UK to end support for oil and gas overseas, except in Mozambique
As the UK Prime Minister announced during a virtual United Nations summit, the government's direct support for the fossil fuel energy sector overseas will end as soon as possible.
Impact of Covid-19 on African midstream segment
The widespread consequences of the Covid-19 pandemic, leading to a weak global economic outlook, have hindered the growth of the midstream segment in Africa. Subsequently, several major midstream oil and…
ADNOC receives Abu Dhabi’s SPC approval to invest $122bn from 2021 to 2025
UAE state-owned oil company Abu Dhabi National Oil Company (ADNOC) secured approval from Abu Dhabi’s Supreme Petroleum Council (SPC) to invest AED448bn ($122bn) over next five years, from 2021 to 2025, to expand the region’s...
