U.S. judge voids 80 million acres of offshore oil and gas leases
WASHINGTON (Bloomberg) –The sale of offshore oil and gas leases on more than 80 million acres in the Gulf of
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‘We Have Enough Petrol To Meet Needs Of Nigerians,’– NNPC Reacts To Fuel Queues
The Nigerian National Petroleum Company Limited has assured Nigerians that it has abundant stock of Premium Motor Spirit to meet
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Brent hits $90 for first time since 2014 on supply jitters
(Bloomberg) –Brent oil surged above $90 for the first time in seven years as investor appetite for risk assets returned
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Hilcorp employees in line for $75,000 bonuses after meeting multi-year goals
From WorldOil.com HOUSTON (Bloomberg) –Oil driller Hilcorp Energy Co. is lavishing $75,000 bonuses on employees as reward for reaching multi-year
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Iran bases its 2022 budget on $60 oil
Reposted from WorldOil.com (Bloomberg) –The budget bill for Iran’s next calendar year is based on an oil price of $60
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Pemex plans to cut oil exports to meet domestic fuel demand
Reposted from WorldOil.com (Bloomberg) – Pemex is said to be planning to trim its crude oil exports next year as
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Shell investors endorse UK headquarters move
From WorldOil.com LONDON (Bloomberg) – Royal Dutch Shell Plc shareholders approved the relocation of the company’s headquarters to London from
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Biden halts federal aid for overseas fossil fuel projects – with plenty of exceptions
From WorldOil.com WASHINGTON (Bloomberg) –The Biden administration has ordered an immediate halt to new federal support for coal plants and
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Seeq signs industrial digitalization agreement with Saudi Aramco
Reposted from WorldOil.com SEATTLE – Seeq Corporation, a provider of manufacturing and IIoT advanced analytics software, has reached an agreement
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Canada’s oil output may start declining in 2032, regulator says
From WorldOil.com CALGARY (Bloomberg) –Canada’s oil production could continue to rise for the next decade and then begin declining as
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