The Omicron variant of Covid-19 could cost the global oil market as much as 2.9 million barrels per day (bpd) of demand in the first quarter of 2022, bringing total expected demand down from 98.6 million bpd to 95.7 million bpd, if it triggers more lockdowns or restrictions, according to Rystad Energy

Sound Energy, the energy transition company, has announced that material progress has continued to be made towards satisfying the remaining conditions precedents to the Phase 1 LNG Gas sales Agreement announced by the company on 29 July 2021

CSA Ocean Sciences Inc (CSA), the US-based marine environmental consulting firm, has announced the appointment of Hema David to the position of project scientist who will work out of the company’s Trinidad and Tobago office and be responsible for the planning and execution of a range of marine environmental consultancy services

The emergence of another Covid-19 variant is threatening the level that oil demand has managed to recover to, however Friday’s selloff was extreme, explained Rystad Energy’s senior oil markets analyst Louise Dickson