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Oil Exploration In Norway Slumps By A Third | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 05, 2020, 10:30 AM CDT Oil exploration in the Norwegian continental shelf has slumped by close to a third amid the oil price rout, according to oil and...
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China’s Oil Imports Slowly Return To Normal Levels | 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 05, 2020, 10:00 AM CDT China’s crude oil imports averaged 11.52 million barrels...
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Tesla To Consider Investing In Major Nickel Producer | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 05, 2020, 9:30 AM CDT Tesla has contacted Indonesia informally about the possibility of an investment in the country, which is a major producer of the battery metal...
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Saudi Arabia Sees Oil At $50 Until 2023 | 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 05, 2020, 9:00 AM CDT Saudi Arabia appears to be more upbeat about the immediate...
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Saudi Arabia Sees Oil Prices Capped At $50 Until 2023 | 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 05, 2020, 9:00 AM CDT Saudi Arabia appears to be more upbeat about...
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Planning documents show for the first time that Exxon has carefully assessed the direct emissions it expects from the seven-year investment plan adopted in 2018 by CEO Darren Woods. Source
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The collapse in oil demand and prices spurred the fastest rate of oil- and chemical-industry layoffs in history, with about 107,000 jobs eliminated between March and August, Deloitte said in a study scheduled to be released Monday. Source
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. The transaction, which is expected to close in the fourth quarter of 2020, includes operations and working interests in the Llanos Norte, Middle Magdalena and Putumayo Basins. Occidental will retain a presence in country with its exploration blocks offshore Colombia. Source
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While oil at $50 would represent a 25% rise from current prices, it would still be far below the pre-pandemic level of around $65 and less than Saudi Arabia needs to balance its budget. Source
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Oil rose from a three-week low after a member of Donald Trump’s medical team said the U.S. president could leave hospital as soon as Monday, despite contradictory accounts about his health. Source
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