Overview page containing news articles

Market Outlooks

List of the highlighted articles

Posted: over 3 years ago

Hydrogen on oil and gas industry's decarbonisation horizon

Hydrogen has surged up the priority list of many oil and gas organizations, taking a primary positio...

Categories:
  • Market Outlooks
Posted: over 3 years ago
Posted: over 3 years ago

Analysts warn of multi-year blow in umbilicals segment

The Covid-19 pandemic could see demand for umbilicals fall by 32 per cent this year, Rystad Energy i...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Rig impairments take Noble deeper into the red

Noble Corporation saw its quarterly net loss deepen after being negatively affected by rig impairmen...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Aker BP swings to loss

Aker BP sank to a net loss in the first quarter of the year after being hit by impairments due to a ...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Norden had its best first quarter since 2015

Although the first quarter of this year was characterised by weak spot rates in dry cargo and stron...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

ESPO

The European Sea Ports Organisation (ESPO) has proposed a two-step approach to the new EU Transport...

Categories:
  • Ports & Logistics
Posted: over 3 years ago
Posted: over 3 years ago

Red ink for ExxonMobil

ExxonMobil booked a quarterly loss due to asset impairments amid lower oil prices while its producti...

Categories:
  • Business Developments & Projects
Posted: over 3 years ago
Posted: over 3 years ago

Chevron books larger profit

Chevron booked a larger profit in the first quarter of 2020 compared to the same period last year. ...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 4 years ago

Fugro to downsize workforce by 10 per cent

Dutch subsea and survey specialist Fugro said it will reduce its workforce by up to 10 per cent due ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Norway to introduce output cuts until end of 2020

The Norwegian Government has decided to make oil production cuts in an attempt to more rapidly stabi...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

Valaris books $3 billion loss

Valaris booked $3 billion loss in the first quarter of the year affected by impairments and fleet ut...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Shell cuts dividend as profit tumbles

Shell has decided to slash its dividend after seeing its quarterly profit nearly halved when compare...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

UK unions call on gov't to halt 'carnage' of jobs

UK’s offshore unions have launched a campaign to protect the jobs in the oil and gas sector an...

Categories:
  • Market Outlooks
Posted: over 4 years ago
Posted: over 4 years ago

IMF loan to aid Gabon's recovery from oil price crash

The International Monetary Fund (IMF) and the Government of Gabon have reached an agreement for a $1...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

BP profit slips on demand destruction

BP reported a significant decline in its quarterly profit due to lower prices and the destruction of...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Red ink for Kvaerner

Affected by coronavirus costs and provisions, Kvaerner sank to a loss in the first quarter of the ye...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Eni posts $3 billion loss, lowers production target

Eni booked a net loss of over $3 billion in the first quarter of the year due to the overlapping eff...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
Posted: over 4 years ago

Maersk Drilling to reduce offshore crew

Maersk Drilling has decided to stack a number of its North Sea drilling rigs to adapt to the changin...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
Posted: over 4 years ago

Not only one zero-carbon fuel is the most competitive

Different zero-carbon fuel options are more competitive in different decades and there is not one o...

Categories:
  • Transition
Posted: over 4 years ago
Posted: over 4 years ago

Dry bulk’s overcapacity woes exacerbate road to demand recovery

Over ordering of bulk carriers over the past ten years has set the tone for the upcoming decade as o...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Westwood: 2020 exploration "down but not out"

Exploration plans are being redrawn and the well count is expected to drop by as much as 35 per cent...

Categories:
  • Market Outlooks
Posted: over 4 years ago
Posted: over 4 years ago

Webinar on ocean energy progress in Europe

ETIP Ocean and OceanSET are hosting a webinar on 7 May 2020 to provide an update on the ocean energy...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
  • long read
Posted: over 4 years ago

UK to avoid shut-ins even with $20 oil prices

With the reality that Brent oil prices are scratching closer and closer to $20 per barrel, shut-ins ...

Categories:
  • Outlook & Strategy
Posted: over 4 years ago
Posted: over 4 years ago

OPEC+ production cuts have dire implications for oil tankers

The agreement of the members of OPEC and its allies to cut oil production by 9.7 million barrels of ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Impairments push Halliburton into loss

Giant oilfield services provider Halliburton booked a $1 billion loss in the first quarter of this y...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago

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