Oil & Gas News

Former Libya oil wealth handler arrested for fraud
29.09.2020
376
Former Libya oil wealth handler arrested for fraud
The former CEO of the bank responsible for handling Libya’s oil wealth has been arrested for f…
Venezuela is buying Iranian oil with planes full of gold
29.09.2020
624
Venezuela is buying Iranian oil with planes full of gold
Iran has received gold from Venezuela for the fuel cargoes Tehran had sent to the Latin American cou…
Iran significantly boosts oil exports despite sanctions
28.09.2020
287
Iran significantly boosts oil exports despite sanctions
Iran is estimated to have exported nearly 1.5 million barrels per day (bpd) of crude oil and condens…
Another billion-dollar oil merger is on the horizon
28.09.2020
384
Another billion-dollar oil merger is on the horizon
Devon Energy and WPX Energy are discussing a merger to weather the impact of the pandemic on the oil…
Russia remains China’s top oil supplier
25.09.2020
402
Russia remains China’s top oil supplier
Russia was the biggest exporter of crude oil to China last month, for the second month in a row, Reu…
BP’s stock price crashes to the lowest level in 25 years
25.09.2020
383
BP’s stock price crashes to the lowest level in 25 years
The stock price of BP fell to the lowest since 1995 a week after the launch of the company’s c…
India topped its strategic petroleum reserves with $19 a barrel oil
22.09.2020
356
India topped its strategic petroleum reserves with $19 a barrel oil
India used the ultra-low crude oil prices earlier this year to top its strategic petroleum reserves…
Norway’s oil fund is buying bitcoin
22.09.2020
296
Norway’s oil fund is buying bitcoin
Norway’s sovereign wealth fund holds close to 600 Bitcoin through a 1.51-percent stake in Micr…
CNOOC begins production at new oilfield in South China sea
22.09.2020
192
CNOOC begins production at new oilfield in South China sea
China National Offshore Oil Corporation (CNOOC) said on Sunday it had started oil production from th…
U.S. wants bankrupt offshore drillers to pick up the tab for abandoned wells
21.09.2020
306
U.S. wants bankrupt offshore drillers to pick up the tab for abandoned wells
The U.S. Department of the Interior is proposing a regulation that will not allow oil producers to a…
Pompeo promotes U.S. companies to new oil nations Guyana, Suriname
19.09.2020
257
Pompeo promotes U.S. companies to new oil nations Guyana, Suriname
U.S. Secretary of State Mike Pompeo carried out a promotional campaign for U.S. private companies in…
Germany Offered U.S. $1.2B to save Nord Stream 2
18.09.2020
452
Germany Offered U.S. $1.2B to save Nord Stream 2
Germany tried to dissuade the United States from following through on its threat to impose additiona…
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