Drilling on track to resume at Iraq oil field
Drilling work is set to start again on 1 July at Iraq’s Halfaya field after a delay of operations due to the Covid-19 pandemic.
Business & Regulation
Abu Dhabi’s Mubadala invests in Aramco oil pipelines
Mubadala joined the consortium led by EIG Global Energy Partners on 9 April for an...
China led refinery CDU capacity growth during 2015 to 2020
Global CDU capacity increased last year, with China seeing the highest capacity growth from 2015...
The US leads global LNG liquefaction capacity additions by 2025
Global LNG capacity is expected to grow considerably in the next four years, with the...
Another year, another rise in climate tensions at big oil AGMs
Years of rising support for climate-based resolutions have started to deliver change for investors and...
Business optimism declines marginally in May: Poll
Verdict has been conducting a poll to study the trends in business optimism during COVID-19 as reflected by the views of companies on their future growth prospects amid the pandemic.…
Asia dominates global regasification capacity additions by 2025
GlobalData’s latest report, 'Global Capacity and Capital Expenditure Outlook for LNG Regasification Terminals, 2021–2025 – Asia Dominates Global Regasification Capacity Additions and Capex Spending', indicates that global liquefied natural gas…
Egypt’s new bids in 2021 aim to capitalise on industry interest despite fiscal terms
Egypt offers upstream acreage in the form of production sharing agreements (PSAs) and in some cases through service contracts. Under the PSA framework, several bonuses are payable by the licensee…
Oil and gas giant Total rebrands to reflect shift to renewables
Total shareholders have voted in favor of rebranding the group as TotalEnergies, highlighting the pressure to shift away from fossil fuels and toward renewable. Total has increased investment in renewables…
Gazprom resumes oil production in Libya
The Russian majority state-owned multinational energy corporation Gazprom has resumed oil production in Libya following a ten-month hiatus. The ports, export terminals and production facilities in Libya have gradually restarted…
T&T is at risk of undersupplying its downstream demand of feedstock natural gas
The oil and gas sector of Trinidad and Tobago (T&T) is dominated by the production of natural gas and exports of liquified natural gas (LNG). Natural gas production in the…
