By Editorial Dept – Dec 04, 2020, 12:00 PM CST Politics, Geopolitics & Conflict – Trump is adding China’s national offshore oil and gas producer, CNOOC, to the U.S. defense blacklist, launching a salvo that looks a lot like a brewing energy war at a time when American investors are – for the first time...Continue Reading

By Editorial Dept – Dec 04, 2020, 12:00 PM CST 1. Exxon’s sharp CAPEX cuts – ExxonMobil (NYSE: XOM) announced plans to cut its CAPEX down to $20-$25 billion annually, lopping off $10 billion from what the company said in March at the onset of the pandemic. – In terms of spending growth, the new...Continue Reading

Denmark To End Oil Production In 2050 | 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 – Dec 04, 2020, 11:30 AM CST Denmark will stop extracting oil from the North Sea in 2050,...Continue Reading

Russian Energy Minister Sees 2 Million Bpd OPEC+ Output Increase In April | 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 – Dec 04, 2020, 11:00 AM CST A day after OPEC reached a...Continue Reading

Aramco CEO Sees Meaningful Oil Price Recovery In 2021 | 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 – Dec 04, 2020, 10:00 AM CST Oil prices are set to see a...Continue Reading

Denmark, the European Union’s biggest oil producer, will stop offering new licenses in the North Sea and phase out production altogether in 2050 as it takes an historic step toward a fossil-fuel free future. SourceContinue Reading

Total has been selling assets to curb debt as plunging oil and gas prices sap earnings, including oil field assets in Brunei and the UK, as well as a stake in a renewables subsidiary in France. SourceContinue Reading

Share Of EV Registrations In UK Jumps To 9.1% In November | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 04, 2020, 9:30 AM CST While the UK’s total new car sales slumped in November due to the second lockdown, electric vehicles (EVs) recorded their...Continue Reading

Oil Prices Inch Towards $50 On OPEC+ Agreement | 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 – Dec 04, 2020, 9:00 AM CST Oil prices rose early on Friday, headed for...Continue Reading

After a split emerged between Saudi Arabia and the United Arab Emirates, the cartel couldn’t agree on what had been widely expected before this week: a full three-month delay to the scheduled January output increase. SourceContinue Reading