Hemanth Kumar

Hemanth Kumar is a News Editor for NRi Digital.

All articles by Hemanth Kumar

1. Oil prices recover, but could face biggest weekly losses in 2019

   Oil prices have rebounded after posting losses for two consecutive sessions, but are on course to post their biggest weekly…
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   24 May
2. Oil prices continue to decline as US crude inventories rise

   Oil prices have continued to decline under pressure from rising US crude inventories as demand was offset by ample supply…
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   23 May
3. Brazil’s Petrobras to exercise right in TOR auction in two areas

   Brazil’s Petrobras has announced interest in exercising its pre-emption right to participate in the auction for surplus oil from the…
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   23 May
4. US could soon bring bill to sanction Nord Stream 2 gas pipeline

   US Energy Secretary Rick Perry has reportedly said that a bill would soon be passed to impose sanctions on the…
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   23 May
5. Oil prices decline on rise in US crude stockpiles

   Oil prices have declined due to a projected increase in US crude stockpiles and as Saudi Arabia committed to keep…
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   22 May
6. Petronas begins production at FLNG platform offshore Malaysia

   Petronas has commenced the first liquefied natural gas (LNG) production from its Satu FLNG facility at the Kebabangan cluster field…
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   22 May
7. ExxonMobil in talks with Repsol and Ineos for sale of Gulf assets

   ExxonMobil is reportedly in negotiations with Spain’s Repsol and Ineos Group to sell a package of oil fields located in…
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   21 May
8. Eni-led consortium wins exploration block offshore Argentina

   An Eni-led consortium has bagged the exploration licence for offshore block MLO 124 in the International Bid Round conducted by…
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   21 May
9. Oil prices surge after OPEC signals supply cuts may continue

   Oil prices have reached multi-week highs after indications emerged from the OPEC that it was likely to maintain production cuts…
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   20 May
10. Oil prices fall as rising US production offsets production losses

    Crude oil prices have declined as rising US output outweighed production losses in sanctions-hit Iran and Venezuela. Brent oil futures,…
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    3 May