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    Articles Related to oil

    Global oil giants fall into super losses

    Global oil giants fall into super losses

    After the oil price plummeted, the decline in demand caused by the epidemic continued to hit oil and gas companies hard!
    oil giants loss

    2020-08-03

    3 European oil giants discover natural gas offshore Egypt

    3 European oil giants discover natural gas offshore Egypt

    Although Eni pointed out that the test rate is limited by surface test equipment, the discovery well is reported to be able to produce up to 32 million standard cubic feet per day of natural gas during the test period.
    Q1 more than 100 global oil companies write down US$92 billion

    Q1 more than 100 global oil companies write down US$92 billion

    In recent news, more than 100 oil and gas companies around the world have written down a total of US$92 billion in assets in the first quarter of 2020.
    OPEC says nation's crude oil demand set to surge next year

    OPEC says nation's crude oil demand set to surge next year

    China's crude oil demand will surge next year, as the nation's economic activity recovers strongly following the COVID-19 outbreak, according to the Organization of the Petroleum Exporting Countries.
    China OPEC oil

    2020-07-20

    IEA raises global oil demand forecast

    IEA raises global oil demand forecast

    The International Energy Agency (IEA) last Friday raised its forecast for oil demand in 2020, but still warned that the proliferation of COVID-19 poses a risk to the outlook.
    IEA oil forcast

    2020-07-15

    Global epidemic rebounds, oil demand will be reduced by 2.5 million barrels/day

    Global epidemic rebounds, oil demand will be reduced by 2.5 million barrels/day

    According to Norway’s Rystad, under the influence of the second wave of outbreaks, the global daily oil demand may be reduced by 2.5 million barrels this year.
    oil demand COVID-19

    2020-07-14

    British oil giant lays off 10,000 people!

    British oil giant lays off 10,000 people!

    Another global oil giant can't bear it, and it's going to layoffs! Following Chevron, the second largest oil company in the United States, announced layoffs of 4500-6000 people, BP wants to lay off 10,000 people.
    BP lay off oil

    2020-06-12

    OPEC daily oil price increases to 26.54 USD per barrel

    OPEC daily oil price increases to 26.54 USD per barrel

    The Organization of the Petroleum Exporting Countries (OPEC) daily basket price increased to 26.54 U.S. dollars a barrel on Friday, compared with 24.93 dollars on Thursday, according to OPEC Secretariat calculations released on Monday.
    OPEC crude oil price

    2020-05-19

    Oil majors to trim spending for this year

    Oil majors to trim spending for this year

    Industry insiders forecast a negative impact for the country's State-owned oil companies if crude prices remain depressed throughout the year as China's top three oil behemoths have announced plans to slash spending plans in 2020 to weather falling demand
    oil China COVID-19

    2020-05-18

    The application of healthy fats in the new baking era

    The application of healthy fats in the new baking era

    Like restricting the use of partially hydrogenated oils (PHOs), since the use of trans fatty acids in food manufacturing was completely eliminated two years ago, ingredient technologists began to look for new shortenings and other hydrogenated fat
    food oil baking non-GMO

    2020-05-18

    China's fuel ethanol market: still has full potential

    China's fuel ethanol market: still has full potential

    Affected by the epidemic situation and the decline in international oil prices, people in the industry hold a wait-and-see attitude towards China's 2020 full coverage of ethanol gasoline.
    China oil ethanol market

    2020-05-18

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