Oil Prices Mixed Amid Fledgling Recovery
Oil edged lower as the worsening near-term coronavirus outlook raised concerns over the obstacles still facing crude's fledgling recovery.
Oil edged lower as the worsening near-term coronavirus outlook raised concerns over the obstacles still facing crude's fledgling recovery.
Tullow has commenced drilling the GVN-1 well in Block 47 with the Stena Forth drillship. PHOTO SOURCE: Ratio Petroleum
An analysis finds up to 40% of the gas that's expected to be flared in the Permian Basin in 2025 could be avoided at no cost to drillers.
The promise from INGAA and its member companies is the latest industry pivot as Democrats take over the White House and Congress.
Zennor Petroleum has launched a net zero carbon strategy and has become one of the first North Sea exploration and production companies to achieve carbon neutrality in scope 1 and 2 CO2 emissions.
Senate Majority Leader Chuck Schumer called for President Joe Biden to declare a climate emergency.
BP (NYSE: BP) announced Monday that it has begun directly supplying gas customers in China with liquefied natural gas (LNG) that it has imported into the country.
Oil traded near $53 a barrel in New York as concerns over the pandemic's latest hit to demand were tempered by signs of tighter global supply.
Lunar New Year festivities look set to be less of a family affair in 2021.
Diamond Offshore Drilling enters into a deal with holders of over 70 percent of each of its senior unsecured notes and revolving credit facility loans regarding a financial restructuring transaction.