Gas to liquids (GTL) plants can be installed at oil production facilities to capture the associated gas that is otherwise flared off. This approach provides oil producers with an additional way of generating revenue, says […]
Total oil and gas industry M&A deals in Q2 2020 worth USD 23.95 billion were announced globally, according to GlobalData’s deals database. The value marked an increase of 114.2% over the previous quarter and a […]
Cyberhawk, global provider of drone-based inspection and creator of iHawk, a cloud-based asset visualisation software, has announced that it has secured a 5-year, multimillion-dollar software contract with Royal Dutch Shell plc (Shell). iHawk will become […]
Reduced demand due to economic slowdown, coupled with the COVID-19 outbreak, has led to cancellations of long-term liquefied natural gas (LNG) supply contracts and cargo deferments by importing counties. This has led to low utilisation […]
Total SA’s robust upstream business tops the European majors’ peer group when assessed against the impact of COVID-19 and the current oil price volatility, says GlobalData, a data and analytics company. Daniel Rogers, Upstream Oil […]
Shell Gas B.V., a subsidiary of Royal Dutch Shell plc, has announced that all conditions for its final investment decision (FID) on a new LNG processing unit at Nigeria LNG (NLNG) have now been met. […]
Earnings of major international oil and gas producing companies have suffered in the first quarter of 2020 resulting from weaker product demand and lower realised oil and gas prices. Despite a depressed outlook for 2020, […]
Royal Dutch Shell plc, through its affiliate SWEPI LP, has reached an agreement with publicly listed US energy company National Fuel Gas Company (NFG), and its subsidiaries – Seneca Resources Company, LLC, National Fuel Gas […]
Major international oil companies (IOCs) are increasingly emphasising the significance of climate change to their corporate strategy, according to data and analytics company GlobalData. Daniel Rogers, Upstream Analyst at GlobalData, comments, “The ever-increasing relevance of […]
Global demand for liquefied natural gas (LNG) grew by 12.5% to 359 million tonnes in 2019, according to Shell’s latest annual LNG Outlook – a significant increase that bolsters LNG’s growing role in the transition […]
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