Worsening demand outlook is coinciding with Libya’s push to almost double crude output, as it reopened its last major oil field. The nation’s production could top 1 million barrels a day within weeks. SourceContinue Reading

ADNOC Onshore, a subsidiary of ADNOC, awarded the three contracts which will see the procurement and construction of flowlines and wellhead installations across several onshore oil fields in the Emirate of Abu Dhabi. SourceContinue Reading

Cenovus Energy Inc. is getting more than just a rival Canadian oil producer with its acquisition of Husky Energy Inc. It’s also shoring up its defenses against an anti-oil sands movement that could get a boost if Joe Biden is elected as the next president of the U.S. SourceContinue Reading

Not subject to quotas, the return of Libyan barrels is hindering OPEC+ as it tries to prop up crude prices amid a resurgence in coronavirus cases and with many major economies imposing lockdowns again. SourceContinue Reading

Big Profits Are No Longer The Top Priority For Oil Investors | 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 – Oct 25, 2020, 6:00 PM CDT For years, the oil industry drew in...Continue Reading

Hydrogen Boom Could Lead To New Platinum Bull Market | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Oct 25, 2020, 4:00 PM CDT The diesel industry is dying, and it’s taking platinum down with it. Platinum prices have...Continue Reading

North American Oil And Gas Bankruptcy Debt Has Hit An All-Time High | 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 – Oct 25, 2020, 2:00 PM CDT...Continue Reading

Tesla Sets Its Sights On India | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Oct 25, 2020, 10:00 AM CDT India has some major plans in...Continue Reading

2021 Could Be A Much Better Year For Canadian Oil | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Oct 24, 2020, 6:00 PM CDT It’s been...Continue Reading

The U.S. Has A Major EV Problem | 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 – Oct 24, 2020, 4:00 PM CDT Even a battery with a million-mile lifespan can’t overcome...Continue Reading