Oil giant Royal Dutch Shell said on Tuesday it will write down the value of its assets by up to $22 billion in the second quarter, after revising down its long-term outlook for oil and gas prices. It comes after the energy company announced in m... Read more
French oil company Total is expected to specify within six weeks the location of the well to be drilled by its subcontractors in Block 9 of Lebanon’s waters, Wissam Chbat, board member at the Lebanese Petroleum Administration (LPA) and hea... Read more
Qatar’s Minister of State for Energy Affairs shared his thoughts on some of the major oil producers’ market moves in recent months, shedding disapproval on the March decision by Saudi Arabia and Russia to launch into a price war, which sent oil... Read more
The U.S. Administration is holding this week an oil and gas lease sale in New Mexico while American producers curtail production in response to low oil prices and environmentalists and indigenous groups protest lease sales and drilling plans. Th... Read more
Carbon dioxide (CO2) emissions from fossil fuel combustion significantly decreased in the 27 member states of the European Union in 2019, according to Eurostat, the statistical office of the European Union on Wednesday. Emissions from mainly oil... Read more
TOP Platform offers the best in content creation services today whenever you are looking to have content created for a variety of media platforms. From tweets to blog posts and much more, TOP is the right space to offer a variety of content crea... Read more
OPEC has dramatically lowered its forecast for oil demand growth this year, citing China’s coronavirus outbreak as the “major factor” behind its decision. In a closely-watched monthly report published Wednesday, the Middle East-dominated produce... Read more
Oil prices rose on Friday but were still set for a fourth consecutive weekly loss, as markets attempted to assess the economic damage of the coronavirus that has spread from China to around 20 countries, killing more than 200 people. Brent crude... Read more
Join the largest European exhibition and conference covering the whole offshore energy mix on 26, 27 and 28 October. With oil & gas, offshore wind and marine energy all assembling at this event, Offshore Energy creates the ideal place to di... Read more
Smoke from the massive bushfires in Australia will soon circle the Earth back to the nation, says Nasa. Massive infernos have raged along the nation’s east coast for months, pushing smoke across the Pacific. Nasa said plumes from blazes ar... Read more