South America’s Offshore Production to Surpass North America’s by 2024
Despite the effects of COVID-19 on global demand and supply, the outlook for South America’s offshore production is on track to surpass volumes coming from...
OILMAN Editor
Legasea Ltd Congratulated on Finalist Place in OGUK Annual Awards
Legasea was today congratulated on making the finals of OGUK’s prestigious annual awards. Legasea has been shortlisted in the category of Business Innovation (SME). The annual awards ceremony celebrates the brightest...
Major Oil and Gas EPC Players are Aligning Strategies for Energy Transition
Leading oil and gas engineering, procurement, and construction (EPC) companies are increasingly shifting their strategies towards cleaner energy segments, according to GlobalData, a leading data...
ExxonMobil is Set to Strengthen its Position to Provide for the Future of Oil and Gas Demand
Following ExxonMobil’s Q3 earnings release; Steven Ho, Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view: “ExxonMobil is very...
Reduced LNG Demand Due to Economic Slowdown Has Led to Delays in FIDs
Weak economic outlook fueled by the COVID-19 pandemic has led to a fall in oil and gas prices and weakening liquefied natural gas (LNG) demand,...
Kurita Water Industries Receives Distinction Award for Water Company of the Year
Kurita Water Industries, (Kurita), a leading global provider of water treatment products and services, is pleased to announce that it has received the “Distinction Award...
Ballot Measure 1 in Alaska Will Likely Send Discouraging Message to Future Oil and Gas Investors
Following the news on Alaska Ballot Measure 1, through which voters in the state will decide on whether taxes on oil should be increased for...
ConocoPhillips Betting on Recovery of Crude Oil Demand with Acquisition of Concho Resources
Following ConocoPhillips’ US$9.7bn acquisition of shale rival Concho Resources; Steven Ho, Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his...
TPA Releases Updated Study Showing The Enormous Economic Benefits Of Texas Pipelines
AUSTIN, Texas – Through ongoing operations and construction in 2019 alone, the Texas oil and gas pipeline industry provided more than $48.6 billion in economic impact,...
OPEC Acknowledges ‘Peak Oil Demand’ Narrative in Unexpected Change of View
The Organisation of Petroleum Exporting Countries (OPEC) finally recognizing that global oil consumption will not continue growing forever is part of a growing chorus of...
