Oil & Gas News

Investors pressure Exxon, Chevron to disclose long-term oil price forecasts
02.07.2020
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Investors pressure Exxon, Chevron to disclose long-term oil price forecasts
America’s biggest oil companies are coming under increasing pressure from climate-conscious in…
Citigroup says oil demand will never reach pre-pandemic levels
02.07.2020
162
Citigroup says oil demand will never reach pre-pandemic levels
Demand growth for refined oil products will never return to the levels it reached before the coronav…
Third-largest oil market projects faster recovery than OPEC’s estimates
01.07.2020
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Third-largest oil market projects faster recovery than OPEC’s estimates
India, the third-biggest oil consumer, expects fuel demand to return to normal earlier than projecti…
Oceaneering wins inspection services scope in Angola from CABGOC
01.07.2020
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Oceaneering wins inspection services scope in Angola from CABGOC
Oceaneering International’s Asset Integrity group has secured a three-year contract with Cabin…
Schlumberger introduces real-time oil and gas data management service
01.07.2020
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Schlumberger introduces real-time oil and gas data management service
Schlumberger introduced its Performance Live digitally connected service that optimizes remote wells…
Europe shuns Russia’s crude oil as price soars
27.06.2020
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Europe shuns Russia’s crude oil as price soars
European refiners are shunning Russia’s flagship crude grade Urals, which is now more expensiv…
ExxonMobil readies to make major job cuts
27.06.2020
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ExxonMobil readies to make major job cuts
The largest oil company in the United States is preparing to let go between 5% and 10% of its US-bas…
Owner of largest refinery in India stops importing Venezuelan oil
26.06.2020
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Owner of largest refinery in India stops importing Venezuelan oil
Reliance Industries, the owner of the largest refinery in India and the world, has stopped buying Ve…
Alberta extends investigation into foreign anti-oil funding
26.06.2020
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Alberta extends investigation into foreign anti-oil funding
The Alberta government has extended until October an investigation into whether foreign groups are f…
Norway Is expanding its Arctic oil drilling operations
24.06.2020
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Norway Is expanding its Arctic oil drilling operations
Norway is looking to offer 136 blocks for oil and gas exploration in the licensing round for less ex…
18 million barrels of sanctioned Venezuelan oil are stuck at sea
24.06.2020
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18 million barrels of sanctioned Venezuelan oil are stuck at sea
Oil tankers carrying at least 18.1 million barrels of Venezuelan oil are currently idling at sea acr…
TechnipFMC lands three subsea construction projects offshore Norway
24.06.2020
370
TechnipFMC lands three subsea construction projects offshore Norway
Equinor has awarded two contracts and issued a letter of intent to TechnipFMC for pipelaying and sub…