Oil & Gas News

Oil rallies on signs of a global reopening
30.04.2020
644
Oil rallies on signs of a global reopening
Oil prices rose early on Wednesday on a spate of relatively positive news. The most obvious for the…
Kazakhstan negotiating 22% oil output cut
30.04.2020
264
Kazakhstan negotiating 22% oil output cut
Kazakhstan is close to a deal with the big international oil companies that operate at its Tengiz an…
Big shale driller stops operations in the Bakken
30.04.2020
5 835
Big shale driller stops operations in the Bakken
After Continental Resources suspended drilling in North Dakota and started shutting in operating wel…
Maduro appoints one of America’s most wanted as new oil minister
29.04.2020
322
Maduro appoints one of America’s most wanted as new oil minister
Amid a worsening gasoline shortage and Chevron and Halliburton's imminent exit from Venezuela, t…
U.S. oil companies begin sending crude to strategic petroleum reserve
29.04.2020
424
U.S. oil companies begin sending crude to strategic petroleum reserve
U.S. oil companies have started sending oil to the Strategic Petroleum Reserve, Bloomberg reports, c…
Canada’s oil firms set to curtail output by at least 1 million bpd
29.04.2020
222
Canada’s oil firms set to curtail output by at least 1 million bpd
As Canadian oil firms prepare to start reporting what would surely be bleak Q1 earnings and short-te…
Flooding prompts evacuation at heart of Canada’s oil sands
29.04.2020
266
Flooding prompts evacuation at heart of Canada’s oil sands
The Regional Municipality of Wood Buffalo, which includes Fort McMurray – the hub of Alberta&r…
Oil storage crisis deepens as API reports very large crude inventory build
29.04.2020
478
Oil storage crisis deepens as API reports very large crude inventory build
The American Petroleum Institute (API) estimated on Tuesday another large crude oil inventory build…
Oil majors may be forced to cut crude output in Nigeria
28.04.2020
219
Oil majors may be forced to cut crude output in Nigeria
Africa’s largest oil producer, OPEC member Nigeria, has yet to figure out how and from where t…
Pemex pulls staff from offshore oil platforms over coronavirus
28.04.2020
481
Pemex pulls staff from offshore oil platforms over coronavirus
Mexico’s state-held oil firm Petroleos Mexicanos (Pemex) said on Sunday that it had started to…
Saudi Arabia starts production cuts ahead of OPEC+ deal
28.04.2020
346
Saudi Arabia starts production cuts ahead of OPEC+ deal
OPEC’s top producer and the world’s top oil exporter, Saudi Arabia, has already started…
Oklahoma calls on Trump to declare COVID-19 an “Act Of God” to help oil industry
28.04.2020
391
Oklahoma calls on Trump to declare COVID-19 an “Act Of God” to help oil industry
Oklahoma Governor Kevin Stitt called on U.S. President Donald Trump to declare the coronavirus pande…
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