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Oil Price
Trump Threatens “Very Substantial” Tariffs On Oil Imports
The crash was the product of the culmination of a series of unfortunate events, beginning with the spread of COVD-19, which all but shut down the Chinese econom…
Crude Oil
Mexican Standoff Imperils Proposed 10M-barrel OPEC+ Oil Cut
OPEC said the deal also calls for a 6 million barrel per day cut for 16 months beginning in 2021.
Crude Oil
Oil Refiners May Have to Shut a Few Units
State oil companies have told the government they will have to shut down a few refineries if the nationwide lockdown is extended beyond April 14, people familia…
Oil Price
Oil Could Fall Back To $20
Oil demand is set to plunge by as much as 27 million barrels per day (mb/d) in April, a decline larger than anything that has occurred in the history of oil.
Crude Oil
Mexico Rejects Global Plan To Cut Oil Production
The deadly price war and coronavirus cocktail that threw most of the global industry into a panic seems to have missed one of the large national players: Mexico…
Crude Oil
Global Oil Producers Agree On Joint 10 Million Bpd Output Cut
OPEC has succeeded. On Thursday, the OPEC++ group agreed, in principle, to cut 10 million bpd in oil production, according to media. But will it be enough? Toda…
Dpi trangie facilities upgrade
Dpi trangie - construction of new soil and plant processing facility and possible refurbishment of the existing sweating shed
LNG
BP Issues Force Majeure to Golar Over Tortue Ahmeyim LNG Project
BP is seeking to delay by a year the reception of a floating liquefied natural gas facility at the Tortue Ahmeyim project in Africa.
Crude Oil
Russia: U.S. Shale Decline Can’t Count As ‘Output Cut’
Production declines across the U.S. shale patch as companies reduce drilling and spending cannot be viewed as a voluntary U.S. cut aimed at supporting oil price…
Invited for Supply of Oil Cooler
Tender are Invited for Supply of Oil Cooler.
Oil Shale
Is U.S. Energy Dominance Coming To An End?
America’s era of “energy dominance” was brief.
Oil & Gas Trade
Iran doesn't Agree with Holding OPEC+ Meet Without Clear Outcome
Iran’s Oil Minister, Bijan Zanganeh, said his country does not agree with holding any OPEC+ meeting in the absence of a clear proposal and expected outcome fro…
Crude Oil
L&T Wins 'Large' Contract from Indian Oil for Capacity Expansion at Barauni Refinery
It has won a "big" contract from the Indian Oil Corporation to expand capacity at the IOC's Barauni refinery in bihar.
Oil Price
Oil Rises As Markets Eye OPEC, Russia Meeting on Output Cuts
Oil prices rebounded Wednesday after two straight days of declines.
Oil&Gas Drilling
Government Admits BP Drilling Permit Process was Unlawful
The government admits it acted unlawfully in granting BP’s permit to drill for new oil in the North Sea, a Greenpeace legal challenge reveals, after officials …
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