Exxon Proposes $100 Billion Carbon Capture Project | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Apr 20, 2021, 11:30 AM CDT Exxon has announced an ambitious carbon capture and storage project that...Continue Reading

Yergin: Oil Prices Could Go As High As $75 In 2022 | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Apr 20, 2021, 11:00 AM CDT The global oil demand recovery...Continue Reading

Caribbean Tourist Hotspot Mulls Restarting Refinery As Visitors Stay Home | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 20, 2021, 10:30 AM CDT Aruba, one of the many tourist magnets in the Caribbean, is mulling the restart of a crude oil refinery after the...Continue Reading

World’s Largest Oil Trader Expects Strong Demand Rebound This Year | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Apr 20, 2021, 10:00 AM CDT Global oil demand is set for...Continue Reading

African Oil Producer Chad Faces Instability As President Dies | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Apr 20, 2021, 9:30 AM CDT Chad’s President Idriss Déby has died of...Continue Reading

African Oil Producer Chad Faces Instability As President Dies After Clash With Rebels | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Apr 20, 2021, 9:30 AM CDT Chad’s President Idriss...Continue Reading

Libya’s Oil Production Falls Below 1 Million Bpd On Export Terminal Outage | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Apr 20, 2021, 9:00 AM CDT Libya’s National Oil Corporation has declared...Continue Reading

Demand for crude will increase by 7 million to 8 million barrels a day by the end of 2022, up from current levels, and producers will be stretched to meet that surge, Vitol Chief Executive Officer Russell Hardy said in an interview. SourceContinue Reading

Oil’s forward curve suggests growing confidence, with the spread between WTI’s contracts for December this year and 2022 at the widest backwardation in about a month. Yet there are still reasons to be cautious, with India suffering a fresh wave of coronavirus infections and refiners there starting to curb processing. SourceContinue Reading

The contract is expected to commence in the first half of 2022, with a firm duration of 110 days. The value of the firm contract is approximately USD 34m, including rig modifications and a mobilization fee. SourceContinue Reading