Oil & Gas News

Oil shortages could follow key pipeline shutdown in Michigan, Enbridge warns
17.03.2021
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Oil shortages could follow key pipeline shutdown in Michigan, Enbridge warns
Enbridge Inc. warned that refiners in central Canada and the U.S. Midwest would see crude supplies c…
Despite localized growth, global oil demand won’t recover until 2023, per IEA
17.03.2021
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Despite localized growth, global oil demand won’t recover until 2023, per IEA
Global oil demand won’t return to pre-pandemic levels until 2023, and growth will be subdued t…
Exxon warns activist investor’s plan threatens dividend
17.03.2021
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Exxon warns activist investor’s plan threatens dividend
Exxon Mobil Corp. said proposals put forth by an activist investor pushing for changes at the oil gi…
Chevron accused of “greenwashing” by environmentalists in federal complaint
17.03.2021
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Chevron accused of “greenwashing” by environmentalists in federal complaint
Chevron Corp. is misleading consumers about its efforts to reduce greenhouse gas emissions, environm…
U.S. oil demand shows staying power as fuel sales near 2019 levels
17.03.2021
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U.S. oil demand shows staying power as fuel sales near 2019 levels
After a year of getting pummeled by the coronavirus, U.S. oil demand is bouncing back and this time…
New government to restore Libya’s oil and gas prominence
17.03.2021
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New government to restore Libya’s oil and gas prominence
Libya’s back in the oil game after years of false starts and setbacks. Energy facilities shut…
Gazprom plans to start Nord Stream 2 gas pipeline this year
14.02.2021
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Gazprom plans to start Nord Stream 2 gas pipeline this year
Russia's gas giant Gazprom plans to commission the controversial natural gas pipeline Nord Strea…
Is China headed to peak oil demand?
14.02.2021
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Is China headed to peak oil demand?
The world's top oil importer, China, could be just years away from its own peak in domestic dema…
Oil price’s record climb continues on falling global crude inventories
10.02.2021
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Oil price’s record climb continues on falling global crude inventories
Oil rose again to extend the longest run of gains in two years with an industry report showing falli…
LLOG strikes deal with Eni and Marubeni for deepwater Mississippi Canyon tieback
10.02.2021
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LLOG strikes deal with Eni and Marubeni for deepwater Mississippi Canyon tieback
LLOG Exploration Offshore and Eni S.p.A. announced the signing of an Infrastructure Agreement in the…
Abu Dhabi grants Japan’s Cosmo offshore oil exploration rights
10.02.2021
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Abu Dhabi grants Japan’s Cosmo offshore oil exploration rights
Abu Dhabi awarded Japan’s Cosmo Energy Holdings Co. the right to explore for offshore oil and…
Equinor sells Bakken shale assets to Grayson Mill Energy
10.02.2021
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Equinor sells Bakken shale assets to Grayson Mill Energy
Equinor has agreed to divest its interests in the Bakken field in the US states of North Dakota and…
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