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Crude
Libya
Liberian Govt Extends Licensing Round, 2020
The Government of Liberia, through the Liberia Petroleum Regulatory Authority, has announced an extension of the time frame for the Liberia License Round, 2020 …
Oil Pipeline
Minnesota Grants Key Permits for Line 3 Crude Oil Pipeline
Minnesota regulators have granted a stack of important approvals for Enbridge Energy’s planned Line 3 pipeline replacement across northern Minnesota.
Oil Price
Oil Prices Tick Up With Inventory Draws Across The Board
The American Petroleum Institute (API) reported on Tuesday a major draw in crude oil inventories of 5.147 million barrels for the week ending November 6.
Crude Oil
Iraq Says October Crude Output Exceeds Opec+ Quota
Iraq exceeded its Opec+ crude output ceiling last month, when production rose by 242,000 b/d from September to 3.842mn b/d, according to state-owned marketing f…
Oil Price
Oil Price Headed up Towards $50 per Barrel in 2021: S&P Global Platts
Brent crude, the global benchmark for oil prices, is likely to remain around $40 per barrel in the rest of the current calendar year but could be headed towards…
Oil Price
Oil Prices Jump On Large Crude Inventory Draw
The Energy Information Administration reported a day after the American Petroleum Institute estimated an 8-million-barrel draw that pushed oil prices higher.
Crude Oil
Libya Oil Output Hits 800,000 Bpd
Libya’s crude oil production has reached 800,000 bpd.
Crude Oil
US Election 2020: Tough Choices for Oil Industry
Presidential election presents two superficially distinct paths for the US oil and gas industry — four more years of "energy dominance" under President Donald …
Oil & Gas Trade
Biden Win Could Cause A Huge New Oil Glut
A Joe Biden win at next week's U.S. presidential election could have a significant impact not only on the American oil industry but also on global crude supply …
Crude Oil
China Starts Building $20 billion Mega Petchem Complex in Shandong Oil Hub
China started this week building a mega petrochemical and refining complex in east China’s Shandong province, four months after the $20 billion project receive…
Oil Price
Oil Plunges To $35 As Lockdowns Return
Oil prices extended their 5-percent slump from Wednesday into Thursday morning, plunging by another 5 percent, with WTI Crude sliding to $35 a barrel.
Crude Oil
OPEC Members Rebel Over Production Cut Extension
Iraq, the United Arab Emirates, and Kuwait - the biggest OPEC producers behind Saudi Arabia – are reportedly not particularly inclined to support a rollover of…
Oil & Gas Trade
Russia’s Crude Oil Exports Drop 8% In January-August
Russia’s crude oil exports dropped by 7.9 percent year over year in the period January to August.
Crude Oil
US Imposes New Sanctions on Iran’s Ministry of Petroleum
The United States has expanded sanctions against Iran, targeting the country's ministry of petroleum along with 10 other entities
Energy Investment
Gov’t Approves $575m Sale of Tullow Oil Plc Assets to Total
Tullow Oil plc has revealed that the Uganda and the country’s tax body, the Ugandan Revenue Authority have executed a binding Tax Agreement that reflects the p…
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