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El Sewedy Electric has growing backlog, EPC margins would moderate in the future – Russia’s VTB Capital
Russian metals remain best dividend payers
Serbian oil company NIS reported over €65mn loss in 2020
Lamprell wins Aramco deal for Marjan work
Neptune on track with output in 2020
Novatek strikes LNG supply deal with Shenergy
Dana Gas sees major upside for Kurdistan gas
Turkey’s crude imports fall 21% y/y in Dec with Iraq top supplier
Fitch revises Bulgarian Energy Holding's outlook to positive
Norway invites consultation on next APA round
Belarus’s Ostrovets nuclear power plant produces 1.5bn kWh of electricity in January
Poland wants Lithuania to aid Mazeikiu oil refinery development
Iran’s Chabahar FTZ ‘to emerge as steel and petrochemical hub driven by oceanic port development'
Oxy makes discovery as ADNOC maintains momentum
Shell: Asia to drive LNG demand as it almost doubles
Royal Dutch Shell’s annual LNG outlook shows that demand for the fuel was resilient last year despite the pandemic, and further growth is expected.
Pavilion, Chevron sign LNG supply deal
Singapore’s Pavilion Energy has signed a six-year agreement with Chevron, covering the delivery of 500,000 tonnes per year of LNG from 2023. Each cargo supplied under the deal will be accompanied by a declaration of its greenhouse gas emissions.
ExxonMobil unveils major downward reserves revision
Super-major ExxonMobil has revised its global oil reserves downwards, to levels never seen before in the company’s recent history.
Producers, refiners return to service after winter storm disruption
Refineries on the US Gulf Coast – particularly in Texas – have started bringing their plants back online following severe disruption caused by the winter storm last week.
Pioneer reports fourth-quarter profit
Pioneer Natural Resources posted a net profit for the fourth quarter of 2020 this week, with the result beating analyst expectations.
Occidental posts larger-than-expected loss
Occidental Petroleum has posted a larger-than-expected loss for the fourth quarter of 2020, having delayed the release of its result amid the winter storm last week.
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