WTI crude price goes negative for the first time in history
HOUSTON – A perfect storm of weak demand, unbridled production by warring producers, and an exhaustion of storage capacity drove
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Oil news
Well-safe Solutions awards contracts for dedicated P&A rig
Reposted from WorldOil.com ABERDEEN – Well-Safe Solutions has awarded two multi-million-pound contracts to continue the transformation of the Well-Safe Guardian,
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OPEC sees ‘somewhat bearish’ oil outlook even as market tightens
Culled from WorldOil.com LONDON (Bloomberg) – Global oil markets face a “somewhat bearish” outlook for the rest of the year
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Russia’s Transneft reaches first deal on dirty oil compensation
Reposted from Worldoil.com MOSCOW and ALMATY (Bloomberg) –Russia’s crude-pipeline operator has agreed to pay its Kazakh counterpart a fixed per-bbl
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Premier Oil reports significant resource upgrade at Zama
Reposted from Worldoil.com LONDON — Premier has announced that it has significantly increased its resource estimate of Zama field offshore
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Thrifty drillers go electric as low natural gas prices spur fuel switch
From WorldOil.com NEW YORK and HOUSTON (Bloomberg) — Thrifty drillers have found a new use for the glut of natural
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Diamondback Energy subsidiary Rattler Midstream raises $665 million in IPO
Reposted from WorldOil.com MIDLAND — Rattler Midstream LP, a subsidiary of Diamondback Energy, Inc., and Diamondback has announced the pricing
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Oil remains a key driver of Angola’s economy, capital spending
Reposted from WorldOil.com LUANDA — In an exclusive video statement provided to Africa Oil & Power, Angola President H.E. João
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NNRC, OrderPaper set to host conference on oil and gas reforms
Culled from ICIRNigeria.org THE Nigeria Natural Resource Charter, NNRC, a not-for-profit policy institute and OrderPaper Advocacy Initiative, OAI, are set
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CNOOC China sign petroleum contract with PetroChina
Reposted from WorldOil.com HONG KONG — CNOOC Limited has announced that its subsidiary, CNOOC China Limited, has signed a Petroleum
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