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6 April 2020
Lebanon extends offshore licensing round due to Covid-19 pandemic
The exploration regulator of Lebanon has extended its deadline for offers in the country’s second licensing round.
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6 April 2020
Covid-19 Live Timeline
Here's the timeline of how the Coronavirus outbreak evolved from Wuhan city in China and is spreading across the world and how it affects the oil and gas industry.
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6 April 2020
Oil prices fall as Saudi Arabia and Russia delay meeting
Oil prices have edged down after the two major producers Saudi Arabia and Russia delayed a meeting to discuss output cuts.
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6 April 2020
Trade body OGUK launches survey to understand supply chain risks
Representative body Oil and Gas UK (OGUK) has launched a survey to find solutions to the problems faced by the offshore industry during the coronavirus pandemic.
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3 April 2020
Investor climate pressure on Santos is “warning to Shell and Equinor”
Two large investment firms have increased pressure on Australian oil and gas company Santos to set climate targets in line with the Paris Agreement to keep global warming below 2°C....
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3 April 2020
Brent crude oil futures make sharp rise above $30 a barrel
Brent crude oil futures have increased by 7% to more than $30 a barrel, reversing an earlier loss in European trading on Friday.
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3 April 2020
Covid-19: Nigeria’s DPR tells O&G companies to cut staff at sites
Nigeria’s Department of Petroleum Resources (DPR) has instructed oil and gas firms to reduce workforce and practice social distancing at project sites.
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3 April 2020
Apache and Total make second discovery in Block 58 offshore Suriname
Hydrocarbon exploration firm Apache and French energy firm Total have made a second oil discovery at the Sapakara West-1 well on Block 58 off the coast of Suriname.
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2 April 2020
Covid-19: Aker Energy postpones Ghana project due to pandemic
Offshore oil and gas operator Aker Energy has terminated a letter of intent (LoI) for the Pecan project in Ghana.
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2 April 2020
Oil prices rise 10% with hopes for Saudi Arabia-Russia price war truce
Oil prices have edged-up 10% after US President Donald Trump said that he expects Saudi Arabia and Russia to reach a deal soon to end their price war.