DRILLING & PRODUCTION

An increase of exports is not enough to avoid a Q2 loss in net results for Petrobras
While Petrobras seems to have a safe outlet in Asia, GlobalData says .....
Permian gas output will rise, but flaring could increase from 2023 if Covid-19 delays new pipelines
In the second half of the year, and into 2021-2023, Rystad Energy .....
More OPEC+ oil production from August and Covid-19 second wave to create a 4-month supply glut
June was a month when global stocks saw some relief of 2.2 .....
A mild second wave of Covid-19 is now Rystad Energy’s base case scenario for oil demand
The updated base case scenario assumes a temporary pause in global demand .....
Global gas flaring level jump to highest levels since 2009: World Bank
The amount of gas flared is equivalent to the total annual gas .....
Oil & gas project sanctioning in 2020 set to fall by more than 75% despite activity in Norway, Russia
Rystad Energy estimates total sanctioning value will end up at around $47 .....

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Oil & Gas Middle East - July/August 2020

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