International
Saudi Aramco tightens capital expenditure
Saudi Aramco plans to reduce its investment plans after oil prices crashed due to a slump in demand as a result of the coronavirus (COVID-19) pandemic. Lees verder…
Xeneta container rates alert: Coronavirus culpable as long-term contracted rates fall in atmosphere of growing uncertainty
The container shipping segment appears to have caught coronavirus, with the industry suffering its first monthly fall in long-term contracted ocean freight rates since October 2019. Lees verder…
Global gas flaring value approaches US$24bn a year if priced at European prices
Ten countries produced 80% of all flared gas, and their forgone revenue from failing to monetize the gas constituted over US$19bn in 2019, according to leading data and analytics company GlobalData. Lees verder…
IRU’s COVID-19 Info Hub: the global source of information for road transport
IRU’s COVID-19 Info Hub: the global source of information for road transport Lees verder…
Permian production already a victim of oil price war
Following the announcement that several key operators in the Permian Basin are significantly reducing capex or production in their positions as a result of the severe oil price fall; Lees verder…
