oil and gas

US oil products demand is set for an additional 350,000 bpd ‘Biden boost’ in 2021
January 24, 2021
OSLO — After a devastating 2020, Rystad Energy projected demand for oil products in the US to grow by 1.08 million bpd in 2021 to 19.1 million......
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Some suppliers are better placed for a life-or-death transition
January 21, 2021
OSLO — Oil and gas supply chain companies have seen their profits squeezed since the E&P cost cuts of the previous downturn — and......
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Brax: Gasoline and fuel oil are available at gas stations
January 16, 2021
NNA - President of the union of petrol station owners in Lebanon, Sami Brax, announced in a statement on Thursday that gasoline and fuel oil were......
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Maersk secures well UK contract for Maersk Resolve
January 16, 2021
Maersk Drilling has been awarded a contract from Spirit Energy for the harsh-environment jack-up rig Maersk Resolve to drill one development well......
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Landmark stratigraphic study will boost Ireland hydrocarbon potential
January 11, 2021
Merlin Energy Resources has completed the landmark PIP-PAD IS16/04 project, “The Standard Stratigraphic Nomenclature of Offshore Ireland: An......
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Modi inaugurates first phase of Kerala-Karnataka gas pipeline
January 6, 2021
India’s Prime Minister Narendra Modi on Tuesday inaugurated the first phase of Kerala-Karnataka gas pipeline vowing to achieve his dream of......
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Crude oil to hover above $60 in 2021
January 4, 2021
Brent Crude prices are set to average $50.67 a barrel in 2021, marginally down from the level at which they traded early on the last trading day......
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Oil increases on predictions of US stimulus leading to demand
December 30, 2020
Oil advanced on Tuesday due to hope for a rise in fuel demand as the United States is likely to expand the pandemic aid and final Brexit deal will......
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Fuel Distributors Say Gasoline Crisis Resolved
December 30, 2020
Lebanon’s gasoline crisis has ended and the problem of bank credits is being resolved, a representative of the country’s fuel distributors......
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Scandinavian Biogas acquires key logistics firm
December 30, 2020
Scandinavian Biogas, one of the Nordic region's largest private producers of biogas as vehicle fuel, has acquired logistics service company Ekdalens......
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