Oil prices fell on Monday as the market realised demand does not rebound as quick as supply needs to balance or even to keep storage from filling, despite the OPEC+ cuts
Industry
Sahara Energy COO calls for greater resilience in global energy market
Stakeholders in the global energy market need to work more collaboratively to shore up the market’s resilience in the face of the economic and supply chain disruption caused by the COVID-19 pandemic, Andrew Laven, chief operating officer (COO), Sahara Energy Resources DMCC, Dubai has said
Shell slashes dividend, freeing up US$10bn
Anglo-Dutch supermajor Shell has slashed its dividend by 66 per cent, the first time the company has cut cash distributions to shareholders since World War II
Increased investment in renewables vital for oil companies, says GlobalData
Following the release of Q1 results from several oil and gas companies, Ella Benson Easton, thematic analyst at data and analytics company GlobalData, has offered her view
Okeanus Science & Technology partners with SeaRobotics to offer ASVs
Okeanus Science & Technology (Okeanus), a provider of oceanographic rental equipment and turnkey survey systems, has announced a new partnership with SeaRobotics Corporation, a leading developer of unmanned marine systems, in a move to make Autonomous Surface Vehicles (ASVs) increasingly available for international rental