The agreement between Russia, Saudi Arabia and the US to cut oil output last year set an example of cooperation between countries, even when they
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Gran Tierra Energy Inc. Announces 2020 Year-End Reserves and Operational Update
Achieved 100% 1P Reserves Replacement Added 8.3 MMBOE of 1P Reserves Realized 1P Finding and Development Costs of $2.65/boe 1P and 2P Net Asset Value
Read moreFutures Movers: Oil prices mixed as traders weigh risks to crude supplies and demand
Oil futures traded on a mixed note on Tuesday, with U.S. benchmark prices trading slightly lower but global benchmark Brent crude moving up, as traders
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Saudi Arabia is on the brink of losing control of oil markets
Saudi Arabia is tackling a deepening deficit, an international green transition drive that seeks to make its main export commodity obsolete and a number of
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Oil supply cuts in Iraq and Libya nudge prices higher
By Saket Sundria and Alex Longley on 1/25/2021 (Bloomberg) –Oil in New York inched higher with investors assessing the impact of supply curbs from Iraq
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Targa Resources Corp. to Participate in U.S. Capital Advisors Midstream Conference
HOUSTON, Jan. 25, 2021 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that representatives from the Company will participate
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Iraq to pare February oil production to balance OPEC+ overages
By Khalid Al-Ansary on 1/24/2021 (Bloomberg) –Iraq plans to cut oil output in January and February to make up for breaching its OPEC+ quota last
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Biden’s fiscal and climate priorities may support oil prices, says Goldman Sachs
By Andres Guerra Luz and Saket Sundria on 1/24/2021 (Bloomberg) –Initial steps taken by U.S. President Joe Biden’s administration may help support the oil market
Read moreLibya may boost oil production after fixing leaky pipeline to its biggest port
Libya has begun pumping crude to its biggest port again a week after it was forced to shut down a worn-out pipeline due to a
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Iran boosts oil production to pre-sanction levels
By Yasna Haghdoost and Arsalan Shahla on 1/22/2021 (Bloomberg) – Iran has started ramping up its oil production and expects to reach pre-sanctions levels in
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