Market

Major oil producers will put their negotiation skills to the test when they meet to discuss production levels in early March. The gathering comes as Saudi Arabia and Russia, two of the world’s largest producers, attempt to…

While there is still plenty of potential new oil supply on the market, particularly from OPEC+, analysts remain very bullish and banks are beginning to talk about $100 oil.In this week's Global Energy Alert, our research team…

Africa Oil fourth quarter net income of $79.8 million and full-year net income of $198.0 million, excluding a $215.6 million non-cash impairment of Kenya exploration assets posted in the first quarter 2020. Strong quarterly profit…

HAIFA, ISRAEL - FEBRUARY 25: Israelis clean tar from the sand after a suspected oil spill off ... covered Israel's coast with tar on February 25, 2021 in Haifa, Israel. Tar started washing up on the country's beaches last week,…

FILE PHOTO: Logos of China National Offshore Oil Corporation (CNOOC) are displayed at a news conference on the company's interim results in Hong Kong, China, March 23, 2017. REUTERS/Bobby Yip(Reuters) - The New York Stock Exchange on…

Royal Dutch Shell in Germany aims to produce aviation fuel and naphtha made from crops and renewable power and to increase to commercial scale an electrolysis plant that makes fossil-free hydrogen, as it seeks to move away from…

“We are very excited about both the near-term opportunities that Solear brings," said Gil Holzman. Eco Atlantic Oil and Gas Ltd (LON:ECO) has renamed its new renewable energy venture Solear Ltd as it seeks a possible spin-out later this…

The rebound in the oil market has investors wondering if Suncor (TSX:SU)(NYSE:SU) and other top energy stocks are good buys right now. Oil market outlook Last April, oil futures briefly traded in negative territory amid fears that global…

* Demand to fall on Q2 refinery maintenance* Domestic refining margins still weak* 6-month Brent backwardation widest in 13 months* Medium sour grades flip to discounts in spot marketSINGAPORE, Feb 26 (Reuters) - China’s crude oil…

Russian independent oilfield services player Eriell has significantly improved its outlook for drilling demand in the country this year on the back of a rebound in energy prices and an emphasis on gas development projects. Deputy…

The international media think tanks and government agencies have discussed at length the near failure of Venezuela, once Latin America’s most stable and developed nation, and the emergence of this century’s second-worst…

The story of Venezuela’s rise to wealth and its now near collapse is a cautionary tale for countries rich in natural resources. The 1914 discovery of crude oil in the Maracaibo Basin sent the then impoverished agricultural…

Botswana has stressed the importance of permitting and environmental regulations in comments around Reconnaissance Africa’s plans – and a prohibition on hydraulic fracturing. Botswanan Mineral Resources, Green Technology and Energy…

Mozambique state-owned Empresa Nacional de Hidrocarbonetos (ENH) has formed a joint task force with TCRK Energy, backed by serial Mozambique entrepreneur Tom Bruton, to investigate blue hydrogen opportunities. ENH and TCRK Energy formed…

Fort Collins, Colorado: Reports Globe offers comprehensive research and analysis based on the Elaeis Guineensis Oil-Europe Market research report, growth trends, and competitive analysis 2021-2027. Analysts used primary and secondary…

According to Zeal Insider, the Mute Oil Free Air Compressor market is estimated to rise at US$ xx million in 2028 at a CAGR of xx% throughout the forecast period from 2020 to 2028. The Mute Oil Free Air Compressor market…

Norway launched a consultation on Thursday on a 2021 licensing round in mature areas in which it offered 84 new blocks for petroleum exploration, including 70 in the Arctic Barents Sea.The maps attached to a statement by the…

's Brian Larkin () talks through the latest results from the preliminary test results from the ASH-3 development well, at the Abu Sennan project, which beat expectations. Larkin explains what the numbers mean after the ASH-3 well…

“We are very excited about both the near-term opportunities that Solear brings," said Gil Holzman. Eco Atlantic Oil and Gas Ltd (LON:ECO) has quickly renamed its new renewable energy venture which is seeking a spin-out later this year.…

FUJAIRAH, 24th February, 2021 (WAM) -- Oil products stockpiles at the Port of Fujairah rebounded to a three-week high, with…