by admin | Oct 20, 2021 | Alternative Energy, Baltic News, Energy News, Global Oil, Latest News
Lithuanian President Gitanas Nauseda warns about the Belarusian regime’s increasingly aggressive policy. Meanwhile, Polish leader Andrzej Duda calls on the European Union to impose sanctions for intentional illegal migration. “The Lukashenko regime is...
by admin | Apr 27, 2021 | Alternative Energy, Economic Stability, Energy News, Global Oil, International, Latest News, News
One of the world’s largest energy infrastructure dealsNewly-formed entity, Aramco Oil Pipelines Company, to lease usage rights of Aramco’s stabilized crude oil pipeline network over 25-year periodTransaction reflects ongoing progress in Aramco’s portfolio optimization...
by admin | Dec 29, 2020 | AI & ML, Big Data, Global Oil, Innovation & IT, News, Tech
Aramco today announced a strategic alliance with SAP Saudi Arabia to expand the digitalization of its Enterprise Resource Planning (ERP) systems. The agreement with SAP is another step in Aramco’s digital transformation journey, paving the way for further integration...
by admin | Dec 4, 2020 | Arctic, Global Oil, International, News
The Trump administration is pushing forward with a controversial plan to sell oil and gas leases in Alaska’s Arctic National Wildlife Refuge in the final days of Trump’s presidency. The federal Bureau of Land Management said in a press release Thursday that...
by admin | Dec 2, 2020 | Energy News, Global Oil, International, News
The oil and gas industry is experiencing its third price collapse in 12 years. After the first two shocks, the industry rebounded, and business as usual continued. This time is different. Oil & Gas and Chemicals companies are in the midst of a two-pronged crisis: an...
by admin | Oct 18, 2020 | Global Oil, International, News
Global demand for crude could recover to pre-coronavirus levels by 2022, Saudi Aramco said Tuesday, as the International Energy Agency projected it could take at least a year longer. “The worst is definitely behind us” in the oil market, Aramco’s chief executive...