The Abu Dhabi National Oil Company (ADNOC) is positioned to drive value for the UAE and will continue to invest responsibly to deliver on its 2030 smart growth strategy during this complex and challenging period
Following the coronavirus (COVID-19) outbreak, China, the world’s biggest importer of crude oil, has been forced to cut down on consumption
The rates for chartering very large crude carriers (VLCCs) has surged exponentially due to a spike in demand for long-term offshore storage of crude oil following OPEC’s disagreement with Russia over the impact of the coronavirus (COVID-19) and the resulting oil price crash, according to data and analytics company GlobalData
Crude prices has climbed as more producers announced production cuts, but remained near 18-year lows as the coronavirus pandemic continued to weaken demand
IPIECA, 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
