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CFOs critical role in the economic survival of oil and gas...

With oil prices slowly recovering from the dramatic fall last summer which forced global organisations to put multi-million dollar projects on ice, ACCA (the...

Oil prices will remain “low for long, at least 3-5 years”

Fareed Zakaria, host of CNN’s flagship foreign affairs program ‘Fareed Zakaria GPS’ will interview two Indian icons later today, Sunday 21st of February. India’s...

Finalists shortlisted for ADIPEC 2012 Awards

ADIPEC jury selects finalists from a pool of over 170 high-calibre candidates After weeks of deliberation, the ADIPEC Awards Regional Select Jury (RSJ), has shortlisted...

Could the oil price crunch topple governments?

Egypt's oil minister Osama Kamal has dismissed the head of state-owned Misr Petroleum and another top official due to a crisis in distributing fuel...

OPEC Oil Production climbs to 31.27 million barrels per day in...

Crude oil output from the Organization of the Petroleum Exporting Countries (OPEC) climbed by 400,000 barrels per day (b/d) to 31.27 million b/d in...

What’s behind the drop in oil prices?

The stunning fall in oil prices, from a peak of $115 per barrel in June 2014 to under $35 at the end of February...

Reduced Demand For Global Oil Supply May Be Permanent

Robert Minter, Investment Strategist at Aberdeen Standard Investments, explains the impact of the pandemic on the O&G sector worldwide and offers some predictions for...

ADNOC committed to OPEC’s Output Cuts Agreement

The Abu Dhabi National Oil Company (ADNOC), in line with the recently agreed oil production cut resolution adopted by OPEC, is undertaking the necessary...

Expect petrol price hike

The UAE federal government has been fixing retail prices for petrol and diesel fuel at levels below retailers’ cost for the past many years....

Basra Oil & Gas International Conference & Exhibition Preview

Basra International Fair Ground With proven reserves of around 143 billion barrels, Iraq has the third largest reserves in the world situated across 79 oil...

Crude Oil, Gold and Silver rise on weak Dollar

Crude oil prices climbed Wednesday as US inventories dropped unexpectedly last week. The Energy Information Administration reported on Wednesday, US Crude inventories fell 4.4M...
Mohamed El-Masri, founder and CEO of PermianChain focusing on Blockchain

Blockchain Technology Creates New Opportunities for Oil and Gas Industry

Brox Equity, a private company registered in Alberta, Canada, is combining traditional energy and the emerging blockchain experience as a way to contribute to...

The End of Cheap Oil

The End of Cheap Oil

ADNOC Investor Forum Highlights Co-investment, Partnership Opportunities

The Abu Dhabi National Oil Company (ADNOC) hosted 200 members of the global investment and financial community at its inaugural investor forum in Abu...

Kuwait ready to cut oil production; HSBC sees price at $45...

Crude slid 2.57% and Brent lost 2.43% both below $30 a barrel on Tuesday, sending renewed shivers through global financial markets. Investors in Asia were back to selling and...

Oversupply Push Oil Prices Lower; “V-shaped Rebound” Likely

Oil prices ended higher last Friday, but suffered a weekly loss for the fifth time in a row. This is the longest run of...

Shell Still Optimistic about Oil Price

Royal Dutch Shell PLC (RDSA) remains optimistic about the future of the oil price, despite its dramatic slump in recent months, Chairman Jorma Ollila...

Oil market to “move close to balance” in H2 of 2016

Evidence of falling U.S. production and a drop in supplies outside of OPEC will help the oil market "move close to balance" in the...