Led by $2.59 billion asset transaction with BP Exploration (Epsilon), Middle East and Africa’s oil and gas industry saw a drop of 32.92% in deal activity during Q1 2021, when compared to the last four-quarter average, according to GlobalData’s deals database. SourceContinue Reading

Nuclear Reactions At Chernobyl “Cause for Concern” | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 11, 2021, 11:30 AM CDT Sensors have detected increased levels of neutrons in an inaccessible chamber at the Chernobyl site, signaling that nuclear fission reactions are taking place in...Continue Reading

Saudi Arabia To Ship Full Volumes To Asian Oil Buyers | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – May 11, 2021, 11:00 AM CDT Saudi Arabia will export full crude oil volumes to at least four Asian clients next month, Reuters has reported, citing unnamed...Continue Reading

Motorists across a broad swath of the U.S. East Coast and South are struggling to find gasoline and diesel as filling stations run dry amid the unprecedented pipeline disruption caused by a criminal hack. SourceContinue Reading

Mexico’s New Fuel Nationalization Law Hits Another Wall | 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 – May 11, 2021, 10:30 AM CDT A Mexican court has issued an injunction against new legislation...Continue Reading

The Mineral Resources Professional Council (MRPC) concluded that it supports and will approve Petro Matad’s Plan of Development for the Block XX Exploitation License once certain technical clarifications have been provided. SourceContinue Reading

Petrofac secured a contract with bp to develop operational procedures for their Greater Tortue Ahmeyim (GTA) Project in Mauritania and Senegal. SourceContinue Reading

OPEC Continues To See Strong Oil Demand Recovery In 2021 | 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 – May 11, 2021, 10:00 AM CDT OPEC is optimistic that accelerating vaccination...Continue Reading

PDVSA Reveals How Much Cash It Would Take To Fully Restore Oil Industry | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – May 11, 2021, 9:30 AM CDT Venezuela, in the midst...Continue Reading

Panic Buying Sends U.S. Gasoline Prices To Near 7-Year High | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – May 11, 2021, 9:00 AM CDT The average price of a gallon of...Continue Reading