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Latest:
  • U.S. judge voids 80 million acres of offshore oil and gas leases
  • ‘We Have Enough Petrol To Meet Needs Of Nigerians,’– NNPC Reacts To Fuel Queues
  • Brent hits $90 for first time since 2014 on supply jitters
  • Hilcorp employees in line for $75,000 bonuses after meeting multi-year goals
  • Iran bases its 2022 budget on $60 oil
Foresight Global Oil & Gas Investment Co. Ltd

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Oil CrisisOil Deals
May 14, 2020 admin

U.S. projects falling rig counts, crude production through 2021

From WorldOil.com Source: U.S. Energy Information Administration WASHINGTON – The U.S. Energy Information Administration expects U.S. crude oil production to

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Oil newsProduction
May 14, 2020 admin

Saudis reducing oil exports to comply with OPEC+ output cuts

SINGAPORE (Bloomberg) –Saudi Arabia will trim oil shipments to the prized Asian market in June and cut exports even more

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Exploration
May 13, 2020 admin

Neptune Energy conducts world’s first for dual drilling subsea

Culled from WorldOil.com OSLO – Neptune Energy has conducted the world’s first dual drilling operation from an integrated subsea template

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Oil newsProduction
May 13, 2020 admin

Pipeline performance report shows safety improving while mileage, barrels delivered increases

WASHINGTON – The American Petroleum Institute (API) and the Association of Oil Pipelines (AOPL) released the 2019 Pipeline Safety Excellence

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Oil newsProduction
May 13, 2020 admin

Russia, Saudi Arabia see recovering demand after production cuts

LONDON (Bloomberg) –Saudi Arabia and Russia see signs that oil demand is recovering as countries around the world start to

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NewsProduction
May 9, 2020 admin

U.S. drilling rig count lowest since 1975 as shale boom fades

From WorldOil.com HOUSTON (Bloomberg) – Oil and natural gas exploration plunged to an all-time low as the economic and industrial

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NewsOil Crisis
May 8, 2020 admin

Operators prepare for technical and fiscal challenges restarting shut-in wells

Culled from WorldOil.com HOUSTON (Bloomberg) –With thousands of oil wells choking back or completely shutting off production, companies already are

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News
May 7, 2020 admin

Crude’s crash sees college grads giving up on oil and gas careers

NEW YORK (Bloomberg) –Hanzelle Kleeman was all set to head home to Houston until the oil crash upended her plans

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Oil newsOpinions
May 4, 2020 admin

The Way Forward: How Africa Can Make a Comeback from the Oil & Gas Downturn

Culled from AfricaNews.com Stunning drops in crude oil prices—the result of COVID-19-related declines in demand and an oil price war

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Oil DealsOil news
May 3, 2020 admin

Oil demand is beginning a slow, and fragile, recovery worldwide

From WorldOil.com LONDON (Bloomberg) –Few have a better watchtower over oil demand than Joe Gorder, chief executive officer of major

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Latest News

  • U.S. judge voids 80 million acres of offshore oil and gas leases January 28, 2022
  • ‘We Have Enough Petrol To Meet Needs Of Nigerians,’– NNPC Reacts To Fuel Queues January 27, 2022
  • Brent hits $90 for first time since 2014 on supply jitters January 26, 2022
  • Hilcorp employees in line for $75,000 bonuses after meeting multi-year goals December 12, 2021
  • Iran bases its 2022 budget on $60 oil December 12, 2021
  • Pemex plans to cut oil exports to meet domestic fuel demand December 10, 2021
  • Shell investors endorse UK headquarters move December 10, 2021
  • Biden halts federal aid for overseas fossil fuel projects – with plenty of exceptions December 10, 2021
  • Seeq signs industrial digitalization agreement with Saudi Aramco December 9, 2021
  • Canada’s oil output may start declining in 2032, regulator says December 9, 2021

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