Digitalisation of oil and gas could unlock up to $2.6 trillion by 2025: DHL
Digitalisation in the oil and gas industry could unlock between $1.6 trillion and $2.6 trillion in new value by 2025,…
Tag: oil
Oil prices continue climb on large crude draw
The American Petroleum Institute reported on Tuesday a draw in crude oil inventories of 4.785 million barrels for the week…
U.S. is preparing new sanctions against Nord Stream 2 pipeline
The United States is urging European allies and private companies to halt work that could help build the Nord Stream…
Libya: Libya’s National Oil Corporation calls for withdrawal of foreign mercenaries
Last week Libya's National Oil Corporation made a statement and expressed its deep concern over deterioration of the security situation in…
Libya asks for accurate response to foreign mercenaries actions
On Friday, mercenaries from Wagner Group and the Sudanese Janjaweed militia forced their way into El-Sharara oilfield to halt oil…
Oil prices fall with rising virus cases in US, China
Crude oil prices were down Monday to open the new week on a lower note amid a bleaker outlook for…
Minsk is starting to import oil from the United States: the new opportunities with the West and a message to Russia.
According to Belarus Minister of Foreign Affairs Vladimir Makei, Minsk is starting to import oil from the United States. It is…
OPEC and Russia Parry Mexico to Ink Historic Deal to Slash Oil Output
Nevertheless, even the unprecedented agreement reached Friday shows there is no easy way to halt the rapid collapse in global…
Oil Prices Keep Falling: Oil Income May Decrease 50-85%
On Monday 16, Executive Director of the IEA Dr Fatih Birol and Secretary General of OPEC Mohammad Sanusi Barkindo spoke…
U.S. warns energy cos like Rosneft, Chevron over ties to Venezuela’s Maduro
The Trump administration is ramping up pressure against Venezuelan President Nicolas Maduro’s government, and energy companies with ties to it,…