Posted in Top News

Global oil demand to decline in 2020 as coronavirus weighs heavily on markets – IEA

Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the…

Posted in Top News

Coronavirus to delay most of 2020’s FPSO deliveries and postpone USD30 billion of E&P investments

Out of a global total of 28 floating production, storage and offloading (FPSO) vessels that are under construction, 22 are…

Posted in Top News

The Arab Petroleum Investments Corporation (APICORP) issues its Annual Top Picks for Energy Investments in 2020

Assuming balanced markets and barring other geopolitical events, Brent prices are expected to trade in the USD55-65 range; “Wait-and-see attitude”…