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.

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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.

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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.

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Global oil and gas discoveries reach four-year high in 2019

The world’s oil and gas explorers discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest volume since 2015, according to estimates from Rystad Energy.

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Oil and gas sector to boost investment in the energy transition, says DNV GL

New research published by DNV GL reveals that optimism for growth in the oil and gas industry has weakened for this year. This comes amid uncertainty around the oil price and global economic conditions – the top barriers to growth reported by the industry.

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The Challenges Facing Eastern Mediterranean Gas

Gas has been discovered in the East Mediterranean for a decade, yet most remain undeveloped. This article reviews these discoveries and share some risks & various technical, commercial & political challenges facing their full development.

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ADNOC Goes for Gas

Innovation and new approaches are dominating ADNOC’s drive for new sources of gas.

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Oil and gas in the capitals

A recent International Monetary Fund (IMF) report estimates that in 2017, global fossil fuel subsidies totaled $5.2 trillion. This is 6.3% of world GDP and, if true, seriously distorts energy and economic markets, and has ominous environmental implications. However, the salient question is whether the IMF estimate makes any sense. The answer is no—rather, it is misguided to the point of absurdity.

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