Offshore Technology takes a look at events of the oil price war ahead...
Oil prices steady at $32 ahead of OPEC-led talks on production cuts
Oil prices have remained steady at $32 a barrel on Wednesday, supported by hopes of an agreement between Russia and Saudi Arabia later this week.
Fall in oil and gas prices and weak LNG demand impacts upcoming liquefaction projects
The prospect of weak economic outlook due to COVID-19 impact has led to fall in oil and gas prices, and weakening of LNG demand prompting LNG liquefaction terminal developers to revisit their strategies and capex plans for 2020.
Oil prices rise with hopes of new agreement for production cuts
Oil prices have risen with hopes Saudi Arabia and Russia will agree a deal to cut output, as the Covid-19 pandemic keeps demand low.
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.
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.
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.
ONGC achieves first gas from Krishna-Godavari basin offshore India
India’s Oil & Natural Gas Corporation (ONGC) has achieved first gas from its Block 98/2 deep-water development in the Krishna-Godavari basin, offshore India.
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