Exploration & Production

McKinsey forecasts near-term upside but a challenging long-term outlook for refining

Tim Fitzgibbon 1McKinsey Energy Insights states that new refinery capacity led by greenfield projects in Asia and the Middle East is expected to have a negative impact on global hub refining utilisation as early as 2022

Hits: 1732

Read more ...

Gazprom Neft produces its 100-millionth barrel of oil at the Badra field

b1abea40f20ebaa02f8f3808e4e58b61Gazprom Neft, the oil-producing arm of Russian gas giant Gazprom, has announced that the Badra oilfield in Iraq had produced 1.8mn tonnes of oil since the start of 2019

Hits: 1486

Read more ...

Gazprom tops global growth ranking, says Rystad Energy

rystad 16a1Russian giant Gazprom saw the highest production growth over the last five years, followed by shale gas players in the USA and China, while BP dominates among the majors, according to Rystad Energy

Hits: 1701

Read more ...

Petrogas renews EPSA with Oman for Block 5

14205649857 1f9dd5a5d3 zInternational law firm CMS has advised Mazoon Petrogas SAOC (Petrogas), with the renewal of its exploration and production sharing agreement (EPSA) for the onshore Block 5 license in north-western Oman

Hits: 1712

Read more ...

Rystad Energy report shows oil demand growth at a decade low

8026229759 4a776c96e0 zConsultancy firm Rystad Energy said the outlook for short-term oil demand remains weak over global economic uncertainty and a fierce trade war between the US and China

Hits: 1471

Read more ...

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

twn Are you sure that you want to switch to desktop version?