International

Deep decarbonization of the world’s energy system still 15 years away, DNV GL’s Energy Transition Outlook forecasts

Decarbonization is rising rapidly up the agenda of industry and governments, but not at the pace or depth required to meet the Paris Agreement, according to DNV GL’s forecast

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Saudi Arabia Hikes Oil Prices For The Third Consecutive Month

Brent oil prices rose early on Monday after Saudi Arabia raised its oil price for a third consecutive month, signaling recovering demand

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Total Wins Woodmac Most Admired Explorer Award

French major Total has been named the upstream industry’s most-admired explorer, an accolade awarded in conjunction with Wood Mackenzie’s annual Exploration Survey

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Tethys Oil signs new onshore deal in Oman

Tethys Oil announced that it has entered into an Exploration and Production Sharing Agreement (EPSA) with the Government for Block 58 onshore Oman.

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Total’s CEO Pouyanne plots successful course while competitors stumble

Europe’s oil giants came into 2020 promising shareholders they can “do it all” -- maintain generous dividends, keep the crude flowing and make a historic shift toward clean energy. Only one of them may succeed.

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Oil Gains past $43 With Saudis Raising Price ranges, Equities Rallying

Oil rose in London to earlier mentioned $43 a barrel as Saudi Arabia hiked its official advertising prices, and as global equity marketplaces climbed

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Adnoc Hires Morgan Stanley Veteran Klaus Froehlich as CIO

Abu Dhabi National Oil Co., the state-owned energy giant that’s using its assets to attract foreign investors, appointed former Morgan Stanley banker Klaus Froehlich as chief investment officer

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Libyan oil exports drop again as port blockade drags on

Libya will export two oil cargoes totaling 1.2 million barrels in July -- a third less than in June -- as forces opposed to the Tripoli-based government continue to block shipments from most of the OPEC member’s ports.

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