The energy industry was under strain even before the pandemic, which exacerbated these weaknesses and led to the biggest ever decline in energy demand and sharply lower oil and gas prices, according to the World Energy Council’s global survey
Industry
DeepTech Oil Services expands its premises with new testing pool and crane
Deepwater remote operations specialists DeepTech Oil Services has expanded its premises with a new testing pool and crane
ADNOC Distribution ranks number one retail brand in Forbes Middle East Top 100 Companies 2020
ADNOC Distribution, the UAE’s largest fuel and convenience store retailer, has been named the number one retail brand in the region in the Forbes Middle East Top 100 Companies 2020
Dow sets carbon neutrality target by 2050
Chemicals company Dow has announced aggressive new commitments to address both climate change and plastic waste
Global OFS demand is set for a 25 per cent decline in 2020: Rystad Energy
Global demand for oilfield services (OFS), measured in the total value of exploration and production (E&P) company purchases, is set for a massive 25 per cent yearly drop in 2020 as a result of the COVID-19-caused downturn, a Rystad Energy analysis shows
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