Kimmeridge Energy Management Co. said it’s prepared to nominate directors to the board of Ovintiv Inc. if the oil and gas producer fails to take the necessary steps to improve its performance and restore investor confidence.
In her video address, the head of Gazprom Export noted that by the end of 2020 the price under Gazprom’s long-term contracts turned out to be slightly lower than the spot prices on European hubs.
Abu Dhabi Fund for Development (ADFD) funded solar energy project at Berbera City in Somaliland has been connected to the local electricity grid.
The global oil demand will recover in 2021 but risks exist as well, Russian’s Deputy Prime Minister Alexander Novak told reporters on Thursday on the sidelines of the Gaidar Forum.
Wind power made up 15% of Europe’s total electricity generation in 2020, its highest-ever contribution to the region’s energy mix.
Mozambique wants Total SE to quickly restart work on its $20 billion liquefied natural gas project, despite concerns that insecurity could lead to a prolonged delay.
Oil product inventories at the Port of Fujairah dropped for a fourth consecutive week, the longest stretch since the record slide in October 2020, as middle distillates slumped to an 11-week low and heavy distillates declined for the first time in three weeks.
The oil supply by non-OPEC countries may grow by 0.8 mln barrels daily in 2021, the Organization of Petroleum Exporting Countries (OPEC) says in its January report.
Oil supply by non-OPEC countries may grow by 0.8 mln barrels daily in 2021 after a decline of 2.5 mln barrels per day in 2020.
The month marked the start of the bull run