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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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Laws & RegulationsProduction
May 2, 2020 admin

UPDATE 2-Russian oil output jumped to 11.35 mln bpd in April, ahead of cuts

April oil output was highest since January 2019 Global deal on oil cuts kicks in from May Tatteft cuts output

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Production
May 2, 2020 admin

Oil cuts by OPEC+, U.S. operators lead prices to a weekly gain

Culled from WorldOil.com LONDON (Bloomberg) –Oil is headed for its first weekly gain in a month as global production cuts

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Oil Crisis
May 2, 2020 admin

Exxon reports a historic loss while Chevron deepens capex cuts

From WorldOil.com HOUSTON (Bloomberg) –Exxon Mobil posted its first loss in at least 32 years while Chevron Corp. deepened spending

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NewsProduction
May 2, 2020 admin

Shale slowdown may take 2 MMbpd of U.S. crude off the market

Culled from WorldOil.com DENVER (Bloomberg) –American shale explorers are rapidly crimping production in the country’s most prolific oil fields as

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Oil CrisisOil news
May 1, 2020 admin

More oil companies qualify for Federal Reserve loans after rules change

Culled from WorldOil.com WASHINGTON (Bloomberg) –The Federal Reserve revamped its Main Street Lending Program in ways that will allow battered

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ExplorationNews
May 1, 2020 admin

OPEC output hit 30-year high during the Saudi-Russia price war

Culled from WorldOil.com LONDON (Bloomberg) –OPEC’s crude production surged by the most in almost 30 years last month as its

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ExplorationOpinions
April 27, 2020 admin

Wall Street is feeling the pressure to stop Arctic oil funding Wall Street is feeling the pressure to stop Arctic oil funding

WASHINGTON (Bloomberg) –The latest front in the war against drilling for oil in Alaska’s rugged wildlife refuge isn’t Washington —

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ExplorationProduction
April 27, 2020 admin

Oil Price Crash Drives Diamond Offshore To Bankruptcy With 2,500 Jobs At Stake

The ongoing oil price slump that has seen U.S. oil futures crash into negative prices, has ensnared yet another company

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Market PriceOil Crisis
April 27, 2020 admin

Oil slips below $15/bbl as production cuts begin

By Sharon Cho and Alex Longley (WorldOil.com) SINGAPORE (Bloomberg) –Oil dropped back below $15 a barrel as swelling global crude

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Gas AccidentOpinions
April 27, 2020 admin

Fire Guts NNPC Petrol Station In Ogba

By ChannelsTV.com There has been a fire outbreak at the Nigerian National Petroleum Corporation (NNPC) petrol station located along College

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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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