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Outlook & Strategy

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Francesco Gattei; Source: Eni
Outlook & Strategy

Eni names new chief financial officer

Italian energy major Eni has appointed a new chief financial officer (CFO) of the company.

about 6 years ago
Trio joins forces on LNT A-Box-based LNG carrier
Outlook & Strategy

Trio joins forces on LNT A-Box-based LNG carrier

Liquefied natural gas technology provider LNT Marine will see its LNT A-Box containment system deployed in a new LNG carrier design.

about 6 years ago
Michael K. Wirth; Source: Chevron
Outlook & Strategy

Chevron posts massive $8.3 billion loss

U.S. oil major Chevron hit the red hard as it reported a massive loss of $8.3 billion, or almost $4.5 per diluted share, for the second quarter of 2020.

about 6 years ago
Darren W. Woods; Source: ExxonMobil
Outlook & Strategy

ExxonMobil posts first consecutive quarterly losses since the mid-80s

Oil major ExxonMobil reported a back-to-back quarterly loss for the first time in over three and a half decades.

about 6 years ago
Ekofisk field in the North Sea
Outlook & Strategy

Red ink for ConocoPhillips on lower oil prices and volumes

ConocoPhillips recorded a $1 billion loss in the second quarter of this year due to lower oil prices and production curtailments amid COVID-19 impact.

about 6 years ago
Voyageur Spirit FPSO
Outlook & Strategy

UK boasts improved production efficiency for seven years in a row

Production efficiency on the UK Continental Shelf has improved for the seventh consecutive year and for 2019 reached 80 per cent.

about 6 years ago
MPA
Outlook & Strategy

Six partners sign MOU to drive maritime interoperability

The Maritime and Port Authority of Singapore (MPA) has signed a memorandum of understanding (MoU) with five international partners to develop and adopt common data standards and application programming interface (API) specifications, which will facilitate data exchange for port and maritime services

about 6 years ago
Conference Board of Canada
Outlook & Strategy

Report: B.C. in the Canadian LNG industry limelight

British Columbia’s liquefied natural gas (LNG) industry could be the stimulus the Canadian economy will need post-COVID-19.

about 6 years ago
Illustration; Source: SP Mac oil and gas Norway
Outlook & Strategy

Oil & gas sanctioning in the gutter, industry waiting for business to pick up

Global oil and gas project sanctioning in 2020 has made a colossal drop in comparison to 2019 levels with Norway, and somewhat Russia, attempting to increase the total sanctioning value.

about 6 years ago
Rystad sees supply glut ahead after second wave of Covid-19 and more OPEC oil hit the market
Outlook & Strategy

Rystad sees supply glut ahead after second wave of Covid-19 and more OPEC oil hit the market

The upcoming partial return of curtailed OPEC+ oil production from August is set to create a new four-month supply glut of around 170 million barrels, a Rystad Energy analysis reveals.

about 6 years ago
NYK
Outlook & Strategy

NYK, CMA CGM, Port of Rotterdam join Hydrogen Council

The Hydrogen Council, a global CEO-led coalition working to enable the global energy transition through hydrogen, has welcomed three new members from the maritime sector.

about 6 years ago
Uniper, GE pair up on natural gas assets decarbonization
Outlook & Strategy

Uniper, GE pair up on natural gas assets decarbonization

Germany’s Uniper has teamed up with General Electric to decarbonize its gas-fired power plants and natural gas storage facilities.

about 6 years ago
Repsol
Outlook & Strategy

Repsol swings to loss as asset impairments bite

Repsol booked a loss in the second quarter of the year after being forced to re-evaluate its upstream assets due to the effects of the coronavirus pandemic and the low oil price environment.

about 6 years ago
Rystad: Oilfield services market could replace lagging revenue by tapping into energy transition projects
Outlook & Strategy

Rystad: Oilfield services market could replace lagging revenue by tapping into energy transition projects

Hit by the Covid-19 downturn, the oilfield service market is not likely to rebound to last year’s activity level until 2023, according to a Rystad Energy analysis.

about 6 years ago
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