Although the COVID-19 pandemic has caused producers to slash their output to keep prices at somewhat profitable levels, the year 2021 could offer a window of opportunity, as monthly supply deficits may reach their highest level in years, according to Rystad Energy’s analysis
Industry
Lamor brings advanced solutions and services to Middle East
Lamor’s mission to provide environmental services has led from oil spill recovery to water treatment and waste management
Rethinking energy projects’ status quo
In the wake of the burgeoning push to find project financing for new types of greener energy projects and innovations, Badar Chaudhry, senior vice-president, unit manager, energy sector, Mashreq Bank, is raising the critical question– how to avoid a potentially financially crippling surge in stranded fossil fuel assets, notably coal and oil
Oil prices declined as the market reacts to new COVID-19 strain setback: Rystad Energy
The new strain of COVID-19 is affecting some oil demand but the news of a final US stimulus agreement are also too significant to brush off, according to Louise Dickson, oil markets analyst at Rystad Energy
Global oilfield communications market to be worth US4.5bn by 2025
The global oilfield communications market size grew from US$3.4bn in 2020 to US$4.5bn by 2025, at a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period
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