Industry

‘Crude prices edge higher as producers announce cuts’

orkhan farmanli SjqNWtyFtYM unsplashCrude prices has climbed as more producers announced production cuts, but remained near 18-year lows as the coronavirus pandemic continued to weaken demand

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Oil and gas industry releases updated global sustainability reporting guidance

chris liverani XLFu0PM5Qsg unsplashIPIECA, the American Petroleum Institute (API), and the International Association of Oil & Gas Producers (IOGP) have released the new edition of the sustainability reporting guidance for the oil and gas industry, which marks over 15 years of collaboration between the member companies across the three leading industry associations

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Saudi Aramco tightens capital expenditure as oil prices crash, says GlobalData

Saudi Aramco Onshore RigSaudi Aramco plans to reduce its investment plans after oil prices crashed due to a slump in demand as a result of the coronavirus (COVID-19) pandemic

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Planning for project success

Shutterstock 1Alfonso Bucero, PMO & PMP for Bucero Consulting, and Erika Gracés, senior communications specialist Hexagon PPM EMIA, discuss the major issues causing projects performance problems – the human factor and the lack of suitable software tools made available to teams

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More than US$50bn in capex cuts announced in oil and gas, says GlobalData

riggg oraAs the oil and gas sector comes to terms with decade-low oil prices and global disruptions caused by the coronavirus (COVID-19), company costs and investments are being slashed with more than US$50bn pledged to date and more on the horizon, according to GlobalData

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