Monthly Archives: May 2020

The role of oil and gas in a transitioning world

 

The oil & gas industry works to reduce emissions and help the world reach the Paris Agreement objectives. Throughout this transition, both oil and natural gas will retain an important role as affordable, reliable, and versatile energy products for a growing global population. The challenge is to address climate change through emission reduction while also … Continue reading The role of oil and gas in a transitioning world

Saudi Arabia scrambles to boost oil prices and revive the market it helped crash

 

New York (CNN Business)Saudi Arabia is pledging to make even deeper cuts to its oil production as the kingdom scrambles to revive the crude market it helped crash. The world’s largest oil exporter announced Monday it will slash oil production by another 1 million barrels per day in June. That’s on top of the record-setting cuts reached by … Continue reading Saudi Arabia scrambles to boost oil prices and revive the market it helped crash

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