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Oil Markets Face A 200 Million Barrel Glut In 2021 | OilPrice.com Rystad Energy Rystad Energy is an independent oil and gas consulting services and business intelligence data firm offering global databases, strategy consulting and research products. Rystad Energy’s… More Info Premium Content By Rystad Energy – Nov 30, 2020, 12:00 PM CST As the...
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Abu Dhabi National Oil Co. is a potential contender to buy a local offshore oil-services firm that counts the state-owned crude producer among its major clients, according to people familiar with the matter. Source
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CNOOC’s operations in the South China Sea have run into controversy because China claims drilling rights in waters far from its borders, and within 200 miles of countries like Vietnam and the Philippines. Source
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The gesture is part of a broader series of moves meant to improve the atmospherics before EU leaders sit down on Dec. 10 to discuss a response to Turkish maritime activities in waters also claimed by bloc members Cyprus and Greece. Source
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PDO operates a concession in Oman that covers almost one third of the country’s land surface area. This makes the DPC a critical proving ground for deploying new technology and workflows that can meet the highly variable imaging requirements of PDO’s exploration and production activities. Source
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Market-watchers have been expecting OPEC+ to agree on a three-month delay — and if the group doesn’t deliver prices will suffer. At stake also is the credibility of the cartel whose actions have underpinned the market since the spectacular oil crash earlier this year. Source
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U.S. To Blacklist Chinese Oil Giant Due To Military Ties | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 30, 2020, 11:30 AM CST The United States government is set to add Chinese state oil company CNOOC to a blacklist of companies with ties to...
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OPEC Oil Output Soars As Production Cut Decision Looms | 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 – Nov 30, 2020, 11:00 AM CST Driven by a faster-than-expected comeback of Libyan...
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Islamic State Claims Attack On Iraqi Refinery | 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 – Nov 30, 2020, 10:30 AM CST Islamic State militants launched a rocket strike against an Iraqi refinery...
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Oil Prices Will Average Below $50 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 – Nov 30, 2020, 10:00 AM CST Despite the recent progress in vaccine development, oil...
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