Record Plunge in Saudi Reserves Only Prelude to Looming Drawdown   Saudi Arabia’s central bank depleted its net foreign assets…

Oil rises on hopes for a demand boost – Rystad Energy comments   Oil prices rose on Wednesday morning as…

A trillion dollars! This is by how much global E&P revenues will fall in 2020 due to Covid-19   The…

Energy / Sullom Voe Terminal operator to cut 530 roles in UK as consultation period begins   THE OPERATOR of…

Another Big Shale Driller Stops Operations In The Bakken   After Continental Resources suspended drilling in North Dakota and started…

Saudi tanker armada set to join US congestion and strain oil storage with 43 million-barrel load   With the Covid-19…

Keppel delivers jack-up rig Hild to Borr Drilling   The new jackup rig Hild was delivered by Keppel O&M subsidiary…

Oil prices, no news is bad news – Rystad Energy comments   They say no news is good news. Not…

BP’s net profit slides 67% in the first quarter following a historic fall in oil prices   Energy giant BP…

Neptune Energy sees delay to start-up of Fenja oilfield   Production at the Fenja oil and gas field off Norway…