Oman is seeking to raise money off the back of its largest oil block, as the cash-strapped Gulf nation looks for new ways to tame its budget deficit and steady a reeling economy. SourceContinue Reading
Japan Bets Big On Hydrogen For Zero-Emission Future | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 09, 2020, 10:30 AM CST Japan is planning to reduce its dependence on fossil fuels by replacing them with hydrogen, Bloomberg reports, citing a project by Kawasaki Heavy...Continue Reading
Saudi Oil Minister: OPEC+ Could Alter Its Oil Production Agreement | 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 – Nov 09, 2020, 10:00 AM CST OPEC+ could change the terms of its oil...Continue Reading
Libya’s Oil Output Hits 1 Million Bpd | 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 09, 2020, 9:30 AM CST Libya’s crude oil production topped 1 million bpd, the National Oil...Continue Reading
Optimism comes despite a renewed expansion in Libyan supply. Production topped 1 million barrels a day over the weekend, compounding the headache for OPEC and its allies as they prepare to meet at the end of the month to discuss output policy. SourceContinue Reading
Three platforms Tern, Cormorant Alpha and Harding will initially use the AI predictive analytics technology, with an option to add a fourth platform, North Cormorant once sensors and communications are installed. SourceContinue Reading
Oil Prices Surge 10% On COVID Vaccine Hope | 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 09, 2020, 9:00 AM CST Oil prices soared by 10 percent and WTI...Continue Reading
Alexander Novak, 49, has represented Russia in talks with the Organization of Petroleum Exporting Countries, helping to forge historic links with the cartel, and will continue to be responsible for that relationship, said a government official familiar with the situation. SourceContinue Reading
Libya’s resurgence — it was producing less than 100,000 barrels a day in early September — has taken oil traders by surprise and weakened prices just as renewed coronavirus lockdowns in Europe and accelerating cases in the U.S. stifle energy use. SourceContinue Reading
“With the consensus of everybody, we could navigate with this agreement and tweak this agreement, subject to what we may see in the future,” Saudi Energy Minister Prince Abdulaziz Bin Salman said at a virtual session of the Abu Dhabi International Exhibition and Conference on Monday. SourceContinue Reading
