Oil & Gas News

OPEC+ Struggles With Oil’s Fast And Furious Fall
09.02.2020
512
OPEC+ Struggles With Oil’s Fast And Furious Fall
OPEC+ is meeting urgently to discuss moves in the face of an inexorable slide in oil prices that has…
Oil demand under siege as airlines cancel over 50,000 flights
08.02.2020
774
Oil demand under siege as airlines cancel over 50,000 flights
Over 54,011 airline flights scheduled to, from, and within China between January 23 and February 4 w…
Is zero the Tesla of motorcycles?
08.02.2020
196
Is zero the Tesla of motorcycles?
The electrification of transportation is picking up with Tesla leading the charge. The U.S. company…
After two oil train derailments Canada imposes lower speed limits
08.02.2020
405
After two oil train derailments Canada imposes lower speed limits
A second oil train derailment in Saskatchewan in two months has prompted the federal Canadian govern…
California lawsuits against big oil reach crucial hearings
07.02.2020
414
California lawsuits against big oil reach crucial hearings
The U.S. Court of Appeals for the Ninth Circuit will hear arguments on Wednesday whether to allow la…
OPEC+ consults China about Coronavirus consequences for oil
06.02.2020
404
OPEC+ consults China about Coronavirus consequences for oil
The OPEC+ joint technical committee asked China on Tuesday to help it assess the demand loss from th…
BP beats earnings forecast, boosts dividend despite weak prices
05.02.2020
352
BP beats earnings forecast, boosts dividend despite weak prices
UK supermajor BP (NYSE: BP) snapped on Tuesday a streak of gloomy earnings for Big Oil, reporting pr…
Guyana lost $55 billion on oil deal with Exxon
05.02.2020
820
Guyana lost $55 billion on oil deal with Exxon
A new report suggests that the world’s newest oil exporter, Guyana, lost $55 billion from its…
Chevron swings to $6.6B loss after huge shale gas write-off
03.02.2020
552
Chevron swings to $6.6B loss after huge shale gas write-off
Chevron Corporation (NYSE: CVX) posted a fourth-quarter loss of $6.6 billion versus earnings of $3.7…
Coronavirus halts flow of Latin American oil to China
31.01.2020
598
Coronavirus halts flow of Latin American oil to China
The flow of oil traveling from Latin America to China has stopped in the wake of the deadly outbreak…
Libya’s Oil Output Just Days Away from Complete Stoppage
30.01.2020
426
Libya’s Oil Output Just Days Away from Complete Stoppage
Libya’s oil output could be days from coming to a complete halt as conflict in the OPEC nation…
EIA: U.S. Crude Production From Tight Formations Continues to Grow
30.01.2020
412
EIA: U.S. Crude Production From Tight Formations Continues to Grow
U.S. oil production from tight formations increased in 2019, accounting for 64% of total U.S. crude…
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