By David Wethe on 1/22/2021 HOUSTON (Bloomberg) –Spending by the global oil industry outside the U.S. is poised to rebound later this year, according to
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Tag: crude
In 2019, oil and lease condensate proved reserves were flat; natural gas reserves declined
January 22, 2021 In 2019, proved U.S. reserves of crude oil and lease condensate increased by 0.1%, and proved natural gas reserves declined by 1.9%,
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Subsea 7 awarded contract offshore Angola
Luxembourg – 22 January 2021 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a substantial(1) contract by Cabinda Gulf
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Need to Know: Here’s another sign that markets have gone nuts and everyone is chasing everything
It doesn’t take a rocket scientist to discern that financial markets are full of juice at the moment, with the S&P 500 SPX, +0.03% ending
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Oil prices slide amid concerns flare-up in China Covid cases could weaken fuel demand
The price of crude dropped on Friday, receding from the 11-month highs hit last week. Experts say the new coronavirus restrictions in China could curb
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India hopes to import more Iranian, Venezuelan crude under Biden
India hopes it could diversify its oil suppliers under the new US Administration that could relax restrictions on oil exports from Iran and Venezuela, India’s
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Contango Completes Acquisition of Mid-Con Energy Partners
Mid-Con Energy Partners unitholders receive 1.75 Contango share per MCEP unit Contango’s and Mid-Con’s operations will be consolidated in Fort Worth, TX As a result,
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Libya seeks funds from foreign oil firms to repair infrastructure
By Salma El Wardany on 1/21/2021 Key Libyan oil and gas infrastructure (Bloomberg) –Libya is seeking funding from foreign oil companies to fix its ailing
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EIA expects crude oil prices to average near $50 per barrel through 2022
January 21, 2021 In its January Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) expects global demand for petroleum liquids will be greater
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Shell Midstream Partners, L.P. Names Steve Ledbetter as Next CEO
Houston, Jan. 21, 2021 (GLOBE NEWSWIRE) — Shell Midstream Partners, L.P. (NYSE: SHLX) announced today that after a distinguished 29 year career with Royal Dutch
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