Oil & Gas News

Mexico shuts the door to foreign oil companies
05.09.2020
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Mexico shuts the door to foreign oil companies
There will be no new exploration and production contracts on the table for private or foreign compan…
Russia expects oil demand to drop by 10 million bpd in 2020
05.09.2020
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Russia expects oil demand to drop by 10 million bpd in 2020
Global oil demand is expected to decline by 9 million bpd-10 million bpd this year, Russia's Ene…
Oil major Exxon considers global job cuts
03.09.2020
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Oil major Exxon considers global job cuts
ExxonMobil is considering cutting jobs worldwide on a country-by-country basis, a spokesman for the…
Oil prices hit hard by lower refinery runs
03.09.2020
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Oil prices hit hard by lower refinery runs
Oil prices took a tumble on Wednesday post-EIA report, despite a favorable crude inventory report th…
Libya set to export first crude from oil ports since January
01.09.2020
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Libya set to export first crude from oil ports since January
Two tankers will be the first since January this year to load oil for export at the Libyan port of B…
U.S. oil and gas lease sales resume despite weak interest
27.08.2020
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U.S. oil and gas lease sales resume despite weak interest
Despite the wave of U.S. oil and gas industry bankruptcies and layoffs as a result of the pandemic,…
Chinese data shows Beijing Continues Iranian oil imports
27.08.2020
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Chinese data shows Beijing Continues Iranian oil imports
Official Chinese data showed this week that China imported 120,000 barrels per day (bpd) of oil from…
Saudi Arabia sees oil revenues plunge in June
27.08.2020
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Saudi Arabia sees oil revenues plunge in June
The value of Saudi Arabia’s oil exports plunged by 54.8 percent year over year in June, or by…
U.S. oil exports to China soar 139% in July
26.08.2020
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U.S. oil exports to China soar 139% in July
U.S. crude oil exports to China grew by 139 percent on the year in July thanks to bargain hunting am…
Petrobras puts more oilfields up for sale
26.08.2020
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Petrobras puts more oilfields up for sale
Petrobras is putting up for sale a total of 26 onshore and shallow water concessions and a small ref…
Turkey announces historic Black Sea natural gas find
21.08.2020
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Turkey announces historic Black Sea natural gas find
President Recep Tayyip Erdogan said Turkey has found 320 billion cubic meters of natural gas in the…
Oil falls below $43 on challenged demand recovery
21.08.2020
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Oil falls below $43 on challenged demand recovery
Oil fell as the coronavirus pandemic continues to cloud the demand outlook.
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