Following approval by Somalia’s upper and lower houses of the Federal Parliament, the Petroleum Law has been ratified by the President Mohamed Abdullahi Farmajo

Norwegian oil and gas major Equinor aims to reduce the net carbon intensity, from initial production to final consumption, of energy produced by at least 50 per cent by 2050

Deal activity in 2019 drove multinational oil and gas companies, such as ExxonMobil, ConocoPhillips, and Chevron, to review their global operations and begin divesting non-profitable ventures, according to data and analytics company GlobalData

The near-term impact of the coronavirus outbreak on oil demand remains uncertain as much depends upon when and how China’s manufacturing industry restarts after the extended Lunar New Year public holiday