The turmoil on the oil market caused by COVID-19 has led to less than anticipated activity and delayed projects, forcing the industry to implement cost-cutting measures
Industry
Saudi Aramco highlights financial and operational resilience despite COVID-19
The Saudi Arabian Oil Company (Saudi Aramco) has announced its results for the second and first half of 2020, highlighting the financial and operational resilience of the company and its commitment to shareholders despite the challenging market conditions resulting from the COVID-19 pandemic
BP switches its focus to low carbon investment
BP has set out a 10-year strategy to transform from an international oil company to an international energy company, as it looks to achieve net-zero emissions by 2050
Study reveals significant surge forward in global perception of oil and gas sector
A new study of PwC’s top 100 companies has revealed a surprising uptick in the global perception of the oil and gas sector
Middle East and Asia to support long-term pipeline market: Westwood
Pipeline installations will fall 19 per cent in 2020, however, demand in Asia and the Middle East to support long-term forecasts, according to a report by the oil and gas market research consultancy group Westwoord Energy
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