International6 years agoExxon, Chevron slam brakes on shale as oil demand tumblesExxon, Chevron slam brakes on shale as oil demand tumbles Exxon Mobil Corp and Chevron Corp are slamming the…
International6 years agoCNOOC cuts capex, production targetCNOOC cuts capex, production target CNOOC Ltd.’s net production during 1Q totaled 131.5 MMboe, an increase of 9.5% year-over-year…
International6 years agoNorway Joins Oil Production Cuts for First Time Since 2002Norway Joins Oil Production Cuts for First Time Since 2002 Norway, western Europe’s biggest oil producer, joined international efforts…
International6 years agoOil prices rise on US and Norway developments – Rystad Energy commentsOil prices rise on US and Norway developments – Rystad Energy comments Developments in the US continue to drive…
International6 years agoMaersk Intrepid to drill for Martin LingeMaersk Intrepid to drill for Martin Linge The hybrid jack-up rig Maersk Intrepid has been awarded a contract for the…
International6 years agoCovid-19 demand update: Oil seen down 10.8%, jet fuel down 33.6%, road fuel down 11.2% in 2020Covid-19 demand update: Oil seen down 10.8%, jet fuel down 33.6%, road fuel down 11.2% in 2020 Rystad Energy’s…
International6 years agoCoronavirus Economy: Oil And Gas Companies May Lose $1 Trillion In Revenues This YearCoronavirus Economy: Oil And Gas Companies May Lose $1 Trillion In Revenues This Year Rystad Energy, an independent energy…
International6 years agoUS oil shut-ins in numbers: Expect at least 300,000 barrels per day shut during May and JuneUS oil shut-ins in numbers: Expect at least 300,000 barrels per day shut during May and June US oil…
International6 years agoDNV GL approves carbon capture technologyDNV GL approves carbon capture technology DNV GL, the technical advisor to the oil and gas industry, has approved…
International6 years agoNeptune Energy launches drilling campaign at Fenja field, NorwayNeptune Energy launches drilling campaign at Fenja field, Norway Neptune Energy and its partners have launched the drilling campaign…