The outbreak of a new strain of coronavirus in China could have a...
- Coronavirus could cut down oil prices by $3 per barrel: Goldman Sachs
- PKN Orlen increases crude oil purchase from Saudi Aramco
- US natural gas prices hit the lowest point since 2016
- Oil prices settle after Libyan crisis shuts down production
- “No energy company will be unaffected by clean energy transitions,” says IEA report
Coronavirus could cut down oil prices by $3 per barrel: Goldman Sachs
The outbreak of a new strain of coronavirus in China could have a negative impact on crude oil demand, cutting the price by $3 per barrel, Goldman Sachs told its investors in a note.
MoU signed between India and Brazil for oil and gas exploration
Indian Prime Minister Narendra Modi's Union Cabinet has approved a memorandum of understanding (MoU) on co-operation in the oil and gas sector.
Equinor faces legal challenge over Great Australian Bight oil drilling
The Wilderness Society has launched legal action against NOPSEMA over its approval of oil drilling plans made by Equinor in the Great Australian Bight.
PKN Orlen increases crude oil purchase from Saudi Aramco
Polish oil refiner PKN Orlen is to increase its monthly purchase of crude oil from Saudi Aramco from 300,000 tonnes to 400,000.
US natural gas prices hit the lowest point since 2016
US natural gas prices have hit the lowest point since 2016, falling to less than $2 per million British thermal units (MMBtu).
Oil prices settle after Libyan crisis shuts down production
Oil prices have settled today after yesterday’s spike, which occurred after two Libyan oilfields began to shut down in response to a military blockade by renegade general Khalifa Haftar.
“No energy company will be unaffected by clean energy transitions,” says IEA report
The International Energy Agency (IEA) has released a peer-reviewed report today, focussed on the efforts of oil and gas companies to reduce their environmental footprints, concluding that companies’ failure to address growing calls to reduce greenhouse gas emissions could threaten their long-term social acceptability and profitability.
Cyprus accuses Turkey of illegal drilling operations
The government of Cyprus has called Turkey a “pirate state” after Ankara announced on Friday that the drilling ship Yavuz started to conduct its third drilling operation on the southern coast of Cyprus.
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