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Oil & Gas News

Oil prices slip below $39 as Libya ramps up production
27.10.2020
732
Oil prices slip below $39 as Libya ramps up production
Oil extended its slide to a second day on a cocktail of surging coronavirus cases in the U.S. and Eu…
BP considering deepwater Gulf of Mexico stake sale
27.10.2020
956
BP considering deepwater Gulf of Mexico stake sale
BP is weighing a sale of its majority stake in the Constellation oilfield in the Gulf of Mexico, acc…
Canada’s Suncor considers selling North Sea oil and gas fields
22.10.2020
642
Canada’s Suncor considers selling North Sea oil and gas fields
Canada’s Suncor Energy Inc. is exploring the sale of a handful of oil and gas fields in the No…
Russia’s Lukoil plans Iraq oil output boost
22.10.2020
860
Russia’s Lukoil plans Iraq oil output boost
Lukoil PJSC is seeking to develop new oilfield projects in Iraq even as slumping crude prices and OP…
Halliburton rolls out industry-first intelligent fracturing system
17.10.2020
1 969
Halliburton rolls out industry-first intelligent fracturing system
Halliburton introduced SmartFleet, the oil and gas industry’s first intelligent automated frac…
China to add 14 million bpd in unneeded refining capacity
07.10.2020
770
China to add 14 million bpd in unneeded refining capacity
China has some 1.4 million bpd in new refinery capacity under construction, to be completed by the t…
Poland fines Gazprom $7.6 billion over Nord Stream 2
07.10.2020
772
Poland fines Gazprom $7.6 billion over Nord Stream 2
Poland, one of the countries strongly opposing the Russia-led Nord Stream 2 natural gas pipeline pro…
Key indicator shows signs of oil market recovery
01.10.2020
878
Key indicator shows signs of oil market recovery
The North American Frac Spread Count has increased to triple digits this week, according to big data…
Saudi Arabia’s economy hit hard by the oil price crash
01.10.2020
668
Saudi Arabia’s economy hit hard by the oil price crash
Saudi Arabia’s economy shrank by 7 percent, with the unemployment rate hitting a record high i…
Nigeria considers privatizing its state oil firm
29.09.2020
689
Nigeria considers privatizing its state oil firm
Nigeria will look to privatize its state oil firm Nigerian National Petroleum Corporation (NNPC) und…
Former Libya oil wealth handler arrested for fraud
29.09.2020
831
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
1 008
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…
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