Reports

Oil steadies after testing new lows as coronavirus chaos intensifies

Oil prices steadied on Wednesday after slipping to new four-year lows, sapped by fears for fuel demand and the global economy amid travel and social lockdowns triggered by the coronavirus epidemic.

In Saudi-Russia Price War, the Big Winners Are Oil Traders

Saudi Arabia and Russia’s price war is handing over a multi-billion dollar profit opportunity to the world’s largest oil traders.

The Middle East’s gas market has experienced dramatic growth in the past decade.

The natural gas market in the Middle East is experiencing a substantial growth phase, with its cost of supply remaining competitive in the long-term despite shale revolution.

Exploring potential of robotics in the oil and gas industry

strategic initiative to explore how robotics systems can be used to make offshore operations safer

Oil and gas professionals demand improved training from employers

The fourth annual Global Energy Talent Index (GETI), the world’s largest energy recruitment and employment trends report, was just released and showed that oil and gas professionals are concerned at a perceived lack of investment in their training and development.

LNG Prices Fall To 10-Year Low

The global gas glut continues to grow worse, with LNG prices recently dropping to a 10-year low.

WEEKLY ENERGY RECAP: Crude oil prices deteriorated sharply

Because of copious US shale oil supplies, the West African crude oil market continues to struggle with the ripple effects of the Atlantic basin being awash in crude oil availability.

Oil prices rise after Libyan oil exports halted

Oil prices surged on Monday as a military blockade in Libya led to oilfields being shut down exports halted.