Equinor has agreed to divest its interests in the Bakken field in the US states of North Dakota and Montana to Grayson Mill Energy, backed by EnCap Investments, for a total consideration of around USD $900 million. SourceContinue Reading

Cosmo will invest as much as $145 million in the exploration phase at Offshore Block 4, government-owned ADNOC said Wednesday in a statement. Abu Dhabi holds most of the oil in the United Arab Emirates, the third-largest producer in OPEC. SourceContinue Reading

The agreement provides LLOG access to Eni and Marubeni Oil and Gas’ existing subsea infrastructure connected to the Williams-owned Devils Tower Spar in Mississippi Canyon 773 to optimize its development of the Taggart discovery. SourceContinue Reading

While prices continue to surge, some of the biggest moves in the past day have come at the front of the futures curve. Brent’s nearest timespread has surged — a key sign of market tightness — while key swaps tied to the physical North Sea market have also increased amid frenzied trading of derivatives late...Continue Reading

Morgan Stanley: Gasoline Industry Is About to Become Totally Worthless | 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 – Feb 09, 2021, 7:00 PM CST The average energy investor is by now well aware of the sector’s monumental shift...Continue Reading

2 Under The Radar Electric Vehicle Stocks That Could Soar In 2021 | OilPrice.com Premium Content By Lucas Black – Feb 09, 2021, 6:00 PM CST The green energy boom took the mainstage in 2020, and now many are predicting it could reach new heights in 2021. Some of the biggest gains in the market...Continue Reading

Can Exxon Bounce Back From A Disasterous 2020? | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Feb 09, 2021, 5:00 PM CST Globally integrated energy supermajor...Continue Reading

Can The Steel Industry Survive Without Coal? | 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 – Feb 09, 2021, 4:00 PM CST The world is moving steadily...Continue Reading

Oil Prices Slip On Large Gasoline Build | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Feb 09, 2021, 3:45 PM CST The American Petroleum Institute (API) reported on Tuesday a draw...Continue Reading

Saudi Arabia’s Central Bank Just Made A Historic Move | 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 Related News By Tsvetana Paraskova – Feb 09, 2021, 3:30 PM CST Saudi Arabia has recently overhauled the role...Continue Reading