Will the New Year offer much-needed relief after the unprecedented and historic 2020 turbulence in energy markets? Economist Moin Siddiqi shares his thoughts on key trends to look out for in 2021
Industry
Global oil and gas processing seals market to grow at a CAGR of more than 2%
The oil and gas processing seals market by revenue is expected to grow at a CAGR of more than 2% from 2020-2025, according to a report by ResearchAndMarkets
Global compression services: a one-stop shop for natural gas compressor parts
H&S Valve, Ignition Systems and Controls (ISC), Global Compressor and Potemkin have combined to form a new organisation, Global Compression Services, a solutions provider and one-stop shop for natural gas compressor equipment parts and services
Oil up on OPEC+ meeting optimism and China's demand
Oil prices started the week positively on expectations that OPEC+ will keep output levels unchanged in February and as Chinese oil demand is recording a weather-related uptick
ExxonMobil announces plans for reductions in greenhouse gas emissions
ExxonMobil has announced plans for the reduction of the intensity of operated upstream greenhouse gas emissions by 15-20% by 2025, compared to 2016 levels
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