Oil industry
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January 21, 2021, Thursday
Biden announces return to Paris climate accord, curbs on US oil industry
WASHINGTON (Reuters) - U.S. President Joe Biden on Wednesday announced America's return to the international Paris Agreement ...
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January 07, 2021, Thursday
BP gives Caribbean refinery more time to hit operating targets: Report
BP Plc has given the operator of a Caribbean refinery more time to fully restart and retain its crude oil supply agreement after ...
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November 23, 2020, Monday
Abu Dhabi plans to spend $122 bn in oil & natural gas over the next 5 years
The Gulf emirate's top body for energy policy, the Supreme Petroleum Council, approved the budget for Abu Dhabi National Oil, ...
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November 23, 2020, Monday
China all set to eclipse US as world's biggest oil refiner by 2021: IEA
The Covid crisis has hastened a seismic shift in the global refining industry as demand for plastics and fuels grows in China and ...
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October 21, 2020, Wednesday
Oil prices slip as US inventory build stokes fears of supply glut
Crude inventories rose by 584,000 barrels in the week to Oct. 16 to 490.6 million barrels, data from industry group the American ...
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October 20, 2020, Tuesday
Iraq flags oil project delays, sees recovery next year: Minister
"I think quarter two, 2021 will be more attractive to every aspect of our business," Ihsan Abdul Jabbar told the CWC Iraq ...
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August 30, 2020, Sunday
As Exxon Mobil is removed from the Dow, is this the end for Big Oil?
It's not the first time that there's only been one oil and gas company in the Dow
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August 23, 2020, Sunday
Mauritius spill to have an impact far beyond its size on the oil industry
Compared to the biggest oil spills from tankers hauling as much as 300,000 tons of crude across the world's oceans, the volume of ...
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July 28, 2020, Tuesday
First Abu Dhabi Bank profit drops 25% on higher impairments charges
Banks in the region have been hit by the twin shock of the coronavirus pandemic and lower oil price
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July 21, 2020, Tuesday
Chevron to buy Noble Energy for nearly $5 billion in rare oil-bust deal
The deal will grow Chevron's shale presence in both the Permian Basin and the Denver-Julesburg Basin in Colorado.