Oil & Gas News

India could store some of its crude in the U.S.
17.07.2020
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India could store some of its crude in the U.S.
India may store some of its crude oil in the United States, the Hindustan Times reports, citing unna…
The oil major with the most COVID-19 deaths
17.07.2020
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The oil major with the most COVID-19 deaths
Mexico’s state oil firm Pemex has the highest number of employees who have died of the coronav…
World biggest oil majors set collective goal to cut carbon emissions
17.07.2020
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World biggest oil majors set collective goal to cut carbon emissions
Some of the biggest oil companies in the world set their first joint target to cut their collective…
Oil price crash to cost Middle East producers $270 billion in revenue
14.07.2020
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Oil price crash to cost Middle East producers $270 billion in revenue
The oil price plunge and the production cuts after the coronavirus pandemic will hit oil exporters i…
U.S. swaps Venezuelan fuel oil for Russian products
14.07.2020
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U.S. swaps Venezuelan fuel oil for Russian products
The United States has been raising its imports of fuel oil from Russia over the past year and a half…
Shale CEO: U.S. has passed peak oil
14.07.2020
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Shale CEO: U.S. has passed peak oil
Crude oil production has already peaked in the United States, according to a leading independent oil…
Eni taps Weatherford for four-year downhole safety valve program
10.07.2020
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Eni taps Weatherford for four-year downhole safety valve program
Weatherford International has been awarded an exclusive four-year contract with Eni S.p.A. to provid…
Total looks to South Africa for offshore frontier opportunities
10.07.2020
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Total looks to South Africa for offshore frontier opportunities
Total SA has deployed a rig to South Africa to look for more oil near a massive discovery, in a rare…
Shale companies receive more than $2.4 billion in pandemic assistance
10.07.2020
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Shale companies receive more than $2.4 billion in pandemic assistance
The shale industry is getting at least $2.4 billion in loans from the U.S. government’s Payche…
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
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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…
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