Volatility in transport fuel and lubricant prices
Since 2020, fuel and lubricant prices for personal transport in the EU have shown significant volatility. Annual inflation rates were negative in May 2020 (-19.5%) but started to … Read more
UN chief laments ‘naked greed’ of fossil fuel interests, countries criticize big polluters
UNITED NATIONS (Reuters) – Countries addressing a climate summit during the U.N. General Assembly criticized big polluters for not doing more to tackle global … Read more
Oil falls as strong supply counters Middle East and hurricane risk
LONDON, Oct 9 (Reuters) – Oil extended losses on Wednesday as weak demand and rising U.S. inventories countered the risk of supply disruption from … Read more
ADNOC Uses Digital Tech to Up Offshore Production by 25 Percent
Abu Dhabi National Oil Co. (ADNOC) is using advanced digital technologies to increase output by 25 percent at an offshore field. ADNOC said in … Read more
Saudi Arabia’s crude exports reach 1.37m bpd
Saudi Arabia’s crude oil refinery exports saw a 12 per cent increase in June Dubai: Saudi Arabia’s crude oil refinery exports saw a 12 … Read more
LNG investments will peak at $42 billion in 2024
According to research by Rystad Energy, global LNG investments will peak at $42 billion in 2024, a 50 per cent jump from current spending. … Read more