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Crude Oil
Oil & Gas
Libya Needs Months to Restore Output: Sanalla
Libya's crude production will take months to return to near the 1.22mn b/d achieved prior to blockades that froze all of the country's onshore crude output in J
Oil & Gas
Exxon Is Big Oil's Outlier In The Post-Pandemic World
While oil majors stuck to spending discipline after the 2015-2016 price crash, ExxonMobil was the one to stand out from the crowd as it increased capital expend
Oil & Gas
New Zealand Cuts 2020 Oil Output Forecast
New Zealand has cut its 2020 upstream output forecast slightly, but now sees its existing oil and gas reserves lasting for longer than previously planned.
Oil & Gas
Brazil's Oil Output Grows by 7.8% in 2019
Brazil's oil output grew by 7.8 percent in 2019 compared with the year before, averaging 2.8 million barrels a day.
Oil & Gas
Saudi Prince Phones Nigeria to Bring Them in Line with OPEC+ Cuts
Saudi Arabia, de facto leader of the OPEC cartel, held a call with fellow member Nigeria as the organization strives to deliver production cuts aimed at bolster
Oil & Gas
How the Fed Bailed Out U.S. Oil And Gas
he Trump administration has taken dozens of actions during the Covid-19 pandemic to benefit the oil and gas industry.
Oil & Gas
Iraq to Review Some Oil Contracts at High-Cost Fields
Iraq is reviewing oil contracts with some companies operating fields where costs are high, in order to reduce expenses while cutting production.
Oil & Gas
UAE's Adnoc Rolls Over Crude Nomination Cuts in August
Abu Dhabi's state-owned Adnoc will continue to apply 5pc cuts to client nominations for August-loading volumes of the company's four main grades.
Policy & Regulation
Equatorial Guinea Adopts New Petroleum Regulation
Equatorial Guinea’s Ministry of Mines and Hydrocarbons has announced the adoption of the new Regulation of Petroleum Operations Regulation.
Policy & Regulation
Suriname Awaits New President, New Oil Policy
Suriname's president Desi Bouterse has conceded defeat in the emerging oil producer's 25 May parliamentary elections, two days after the country's electoral cou
Oil & Gas
Iran, Iraq Discuss Oil Cooperation
Iranian Oil Minister Bijan Namdar Zangeneh and his Iraqi counterpart Ihsan Abdul Jabbar discussed ways to promote cooperation between the two neighbors in the o
Oil & Gas
India's May Crude Oil Imports Post Biggest Decline Since at Least 2005
India's crude oil imports in May fell 22.6% from a year earlier, the biggest drop since at least 2005.
Oil & Gas
OPEC Changed its Forecast for Oil Production in Azerbaijan
OPEC reported in June that it predicted azerbaijan would reduce its output by an average of 70,000 barrels a day to 720,000 b/d in 2020, compared with 700,000 b
Oil & Gas
U.S. Oil Dominance is Coming to an End
The U.S. tight oil or shale rig count has fallen 69% this year from 539 in mid-March to 165 last week.
Oil & Gas
Oman Steps Up Plan to Build Middle East's Biggest Oil-Tank Farm
Oman's ambitious goal of building the biggest oil-storage facility in the Middle East is finally progressing, more than seven years after the Gulf sultanate ann
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Turkmenistan Expands Oil Production at Uzynada Field
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Russia’s Rosneft Reports 70% Fall In 9-Month Net Income
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Venezuela Approves 15-Year Extension of Russia-Linked Oil Joint Ventures
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EIA Confirms Turkmenistan’s Rising Oil Reserves
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Chevron, European Firms Lobby to Keep Stakes in Venezuela Oil Joint Ventures
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Iran Clears Oil Spill in Northern Gulf Region
