Libya’s oil output has risen to 295,000 barrels following a truce in the OPEC nation’s civil war and the lifting of a blockade on energy facilities. SourceContinue Reading

Chevron’s Nigeria unit said it plans to cut 25% of its workforce to become more efficient and reduce operating costs, the latest sign demand for global oil is wobbling under coronavirus and new restrictions to contain it. SourceContinue Reading

Turkey plans to deploy a second drilling ship in the Black Sea early next year following the biggest-ever natural-gas discovery there. SourceContinue Reading

“The recent near-death experience for some heavy oil producers is a good reminder that investors should focus on companies with strong balance sheets, ample liquidity, robust cost structures, and low sustaining capital requirements,” BMO Capital Markets analyst Randy Ollenberger said in a report. SourceContinue Reading

MIT Scientists: Nuclear Fusion Energy Could Be Closer Than Thought | 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 04, 2020, 6:00 PM CDT The decades-old dream of many scientists...Continue Reading

Why Energy Investors Are Pivoting Towards ESG Funds | 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 04, 2020, 4:00 PM CDT After years of just bubbling under, the ESG megatrend has finally opened the afterburners. At a...Continue Reading

Is Venezuela’s Oil Production Poised For A Comeback? | OilPrice.com Viktor Katona Viktor Katona is an Group Physical Trader at MOL Group and Expert at the Russian International Affairs Council, currently based in Budapest. Disclaimer: views set… More Info Premium Content By Viktor Katona – Oct 04, 2020, 2:00 PM CDT The flow of positive...Continue Reading

Does Cryptocurrency Really Run On Clean Energy? | 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 04, 2020, 12:00 PM CDT In the past, cryptocurrency mining...Continue Reading

China Doubles Down On Nuclear Energy To Cut Carbon Emissions | 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 04, 2020, 10:00 AM CDT Around the...Continue Reading

World Oil editors discuss an emerging disconnect as drilling activity across the board continues to rise, while oil traders are expecting a long road to demand recovery. SourceContinue Reading