The OPEC Conference has recommended an extension of the adjustment levels agreed at the last OPEC and non-OPEC ministerial meeting and a further reduction of 1.5 mn bpd until 30 June
Industry
Turbo-charged growth for Deep Casing Tools
Leading oil and gas technology development company Deep Casing Tools (DCT) has increased turnover by 120 per cent in 2019 after strategic growth plans saw the company expand its headcount and footprint in major international regions
ExxonMobil proposes methane regulations framework for oil and gas industry
Oil and gas company ExxonMobil has released a model framework for industry-wide methane regulations
Coronavirus to hit US$30bn E&P investments: Rystad Energy
Global exploration and production (E&P) investments may take a hit this year because of the coronavirus, according to analyst Rystad Energy
EG LNG celebrates loading of its 700th cargo
EG LNG, the LNG liquefaction and export terminal located on Equatorial Guinea’s Bioko Island, has celebrated the loading of its 700th LNG cargo