The US oil price fell more than six percent on Monday, a day after Saudi Arabia and the UAE reaching an agreement to increase output. With surging Covid cases threatening economic recovery, stock markets slumped. […]
Turkey started attracting more investment in terms of renewables with global energy giant BP, which has already invested more than $500 million in the country in the last three years and has now focused on […]
There are several things that our team at King Operating get asked while talking with our clients. One of the questions is, will oil and gas be even needed after 3 to 5 years with […]
(Bloomberg) –BP’s energy transition plan will receive a boost from rising oil prices, and the company is already winning back investors after a difficult year, Chief Executive Officer Bernard Looney said. Even as it plans […]
By Ellen R. Wald, a non-resident senior fellow at the Atlantic Council’s Global Energy Center and president of Transversal Consulting, and Jonathan H. Ferziger, a Jerusalem-based nonresident senior fellow at the Atlantic Council and a former Middle […]
The world’s largest oil companies are set to report next month another set of strong quarterly earnings amid significantly higher oil prices and global oil demand in the second quarter compared to the same period […]
Russian energy giant Gazprom expects domestic gas consumption to rise by 7.5% within the next five years as it embarks on a $7 billion programme to supply gas to more households, a company official said […]
Energy News Beat Publishers Note (ENB): This information from Bloomberg is very telling. Just because the supermajors are being pushed aside, their replacements will not be any more accountable. The state-owned oil companies have even […]
Energy News Beat Publishers Note (ENB): Rosneft is dead-on right! The inability of the world to have a realistic conversation of the importance of a “Balanced Diet of Power” is disappointing at best. ENB has […]
Getting to net-zero CO2 emissions by 2050 is doable but difficult. For the global energy sector to hit that goal, governments must stop subsidizing oil and natural gas production and inhibit the building of coal plants. That’s […]
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