Newsletter Subscribe
Enter your email address below and subscribe to our newsletter
Search Results for Oil
Oil and Gas Companies in North America Less Green Than Those in EU
Oil and gas companies in North America are lagging behind their European counterparts in cleaning up their operations, new research has found, with higher greenhouse gas emissions and less investment in clean alternatives. ExxonMobil and Chevron of the US, alongside…
OPEC’s World Oil Outlook 2016 launched at ADIPEC
The 2016 OPEC World Oil Outlook (WOO) was launched last week at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2016 in the United Arab Emirates (UAE). This year is the tenth edition of the WOO, a significant milestone…
DONG Energy Confirms Sale of Oil and Gas Arm to Focus on Renewables
Danish energy giant DONG Energy has confirmed plans to sell its oil and gas business as part of the company’s “strategic transformation” into a global leader in renewable energy. “We have decided to initiate a process with the aim of…
Global oil demand could peak by 2020, says Shell
The rise of electric cars has led many analysts to make predictions about the future of the oil industry. ExxonMobil and OPEC have both made statements indicating confidence that the majority of vehicles on the world’s roads will continue to…
NIS Successfully Completes the Project of Modernisation of Pančevo Oil Refinery
NIS successfully completed investment works at the Pančevo Oil Refinery within the framework of further modernisation of refinery processing at NIS. In this manner, the company improved energy efficiency, and ensured a higher output of quality petroleum products and a…
1st Meeting of the High-level Committee of the Algiers Accord – OPEC and Non-OPEC Oil Producing Countries
The OPEC High-level Committee, established by the Algiers Accord, met with non-OPEC oil producing countries on Saturday, 29 October, at OPEC headquarters in Vienna. It was preceded by the first High-Level Committee Meeting, held Friday, 28 October, among OPEC Member…
Electric Cars Pose ‘Resoundingly Negative’ Threat to Oil Companies: Analyst Fitch
So far, though, the oil industry hasn’t seemed to give plug-in electric cars much attention. ExxonMobil and OPEC have both predicted that, even by 2040, electric cars will make up less than 10 percent of global new-car sales. But a…