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OPEC+ agrees to continue with current output targets, despite market uncertainty

News

OPEC+ continues oil production cut in uncertain market

...cuts, Wood Mackenzie’s forecast shows a balanced market for 2023 with adequate supply.  The forecast for 1.8 million b/d of global oil supply growth in 2023 is nearly matched with...

News

Bolstering onshore oil and gas

...by AMION Consulting. The report Shale Gas – Creating a Supply Hub for the Bowland Shale – found that developing a supply hub in the Bowland Shale could see Northern...

Analysis

An industry acquiring

...where it currently markets through Inver Energy. Speaking about this acquisition Christian Flach, Greenergy CEO, said: “One of our key strategic objectives is to integrate our existing supply footprint with...
Claire Foster, Mabanaft

News

Fuel industry people moves September 2024

...Plant has been appointed Managing Director for Supply Plus Limited. Auramarine Auramarine, provider of fuel supply systems for the marine, power and process industries, has appointed Tuomas Häkkinen as the...
Portland Report

Market Report

Prices and predictions – what does 2025 have in store?

...have economic and supply fundamentals drive prices back down from the summer onwards. Supply and Demand economics tend to play out in “slow time”, whereas conflict in oil producing regions,...

News

Could heating oil prices be frozen?

...in Cyprus. The UK Continental Shelf continues to be a key contributor to both the nation’s supply-demand balance and also the economy. There were some particularly positive supply developments with...

Insight

A critical role for Stanlow

...significant source of supply of the UK’s total oil product requirements, also plays a critical role in supplying to the Mersey/Manchester area, the Midlands and Heathrow and Gatwick airports. It...