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World Industry News

(1/31/2021) Chevron petitions US State Department to ease sanctions on Venezuela

(1/25/2021) US drilled but uncompleted wells now at pre-pandemic levels

(1/22/2021) Rystad sees Biden policies boosting US oil demand by 1.08 million b/d

(11/4/2020) Denmark halting North Sea oil & gas exploration in 30 years

(11/4/2020) OPEC+ agrees to gradual reduction in output cuts in 2021

(11/4/2020) US formally withdraws from Paris Accords to fight climate change

(10/28/2020) Hurricane Zeta prompts evacuation of 228 US Gulf platforms

(10/20/2020) Philippines lifts ban on South China Sea oil & gas exploration

(10/15/2020) OPEC forecasting slow oil demand rebound in 2021

(10/8/2020) Lebanon-Israel border negotiations may let oil & gas exploration proceed

(8/14/2020) Venezuela approaching net zero oil production

(8/12/2020) EIA ups Brent & WTI price predictions for this year

(8/10/2020) Kidnapped FPSO Sendje Berge crew released unharmed

(8/10/2020) Egypt & Greece set new Mediterranean maritime boundary

(6/20/2020) 25 force majeure declarations in Mexico in 1st half of year

(6/13/2020) Libya re-imposes force majeure on oil exports

(6/15/2020) Colombia's La Cira-Infantas Field struck by saboteurs

(5/23/2020) IHS Markit predicts US oil output to drop 1.75 million b/d

(5/5/2020) Analyst: slow global investment to raise oil prices, eliminate surplus by 2025

(5/3/2020) US energy production exceeded consumption for 1st time in 62 years

(4/30/2020) Rystad estimates 300,000+ b/d oil shut-in in May & June

(4/13/2020) OPEC+ to cut oil production by 9.7 million b/d

(4/10/2020) Oil price war ended, new OPEC+ oil output cuts ahead

(3/25/2020) Covid-19 expected to cut a million oilfield services jobs this year

(3/23/2020) Oil & gas companies reducing operations & cutting spending

(3/19/2020) API reports Covid-19 demand destruction has impacted markets

(3/12/2020) Rystad says price war could see $250 billion cut from E&P budgets

(3/10/2020) Oil prices rebound in limited gains as Russia acquiesces (update)

(3/9/2020) Saudi Arabia launches oil price war, futures fall 30%

(3/5/2020) OPEC calls for extending & increasing production cuts due to COVID-19

(3/3/2020) Oil & Gas UK postpones all events through May

(3/2/2020) CERAWeek in Houston this month cancelled

(3/1/2020) Coronavirus to delay newbuild FPSO deliveries by up to a year

(2/29/2020) European businesses halt all but most essential travel

(2/25/2020) Coronavirus playing havoc with global oil demand

(2/11/2020) 20,000 Petrobras worker go on strike against dismissals and privatization

(1/21/2020) Libya oil production halted by strongman Khalifa Haftar

(1/7/2020) Somalia passes new petroleum law to attract investors

(12/15/2019) Widespread protests of India's Citizenship Act disrupting oil industry

(12/5/2019) OPEC+ agrees to additional 500,000 b/d output cut

(11/27/2019) Factional fighting disrupt production at Libya's El Feel oilfield

(11/26/2019) Seven Swire employees kidnapped offshore Equatorial Guinea

(11/24/2019) Vaca Muerta oil & gas output boost awaiting new government policies

(11/19/2019) Algeria enacts new petroleum law to attract foreign investors

(11/14/2019) Micoperi OSV Rema attacked by pirates in Mexico's Campeche Bay

(11/14/2019) IEA Outlook sees deep disparities in global energy system

(11/10/2019) US military forces move into Syria's Deir es-Sor gasfield

(10/25/2018) BP & Eni postpone planned Libya exploration due to lack of security

(10/3/2018) Cash strapped Ecuador exiting OPEC

(9/24/2018) Ireland to end oil & gas exploration

(9/23/2018) OGCI sets new carbon capture, use & storage goals

(9/17/2018) Crude prices soar almost $9/bbl on Saudi oil attack (update)

(9/14/2018) Saudi Arabia oil facilities ablaze after drone strikes

(8/30/2018) Australia-Timor Leste boundary made permanent

(8/25/2018) Turkey adamant about exploring offshore Cyprus

(8/23/2018) China retaliates for Trump tariff with 10% tax on imported US oil

(8/18/2018) Trump Iran & Venezuela sanctions boost Russian oil exports by $1 billion

(8/14/2018) CNPC investing $3 billion in Venezuelan oil blending plant

(8/6/2018) Trump imposes new sanctions & full embargo on Venezuela

(8/5/2018) Iran seizes 3rd oil tanker near Farsi Island in Persian Gulf

(8/2/2018) China opens to foreign oil & gas exploration

(7/28/2018) Rosneft drilling off Vietnam despite China claim of area

(7/7/2018) EU backs Cyprus in drilling standoff with Turkey

(7/1/2018) OPEC+ agrees to 9-month extension of 1.2 million b/d output cut (update)

(6/30/2018) Russia & Saudi Arabia agree to extend OPEC+

(6/16/2018) Japan rejects US claim that Iran attacked its tanker in Gulf of Oman (update)

(6/13/2018) Two more tankers attacked in Gulf of Oman

(6/6/2018) Tillerson says trade tariffs undermining US alliances

(5/20/2018) OPEC+ to continue supply cut to yearend

(5/2/2018) Colombia's Trasandino pipeline bombed for 7th time in 2019

(4/30/2018) Venezuela oil production has fallen to its lowest since 2003

(4/28/2018) Two more oil workers kidnapped in Nigeria's Delta

(4/28/2018) Ecuador appealing court ruling in favor of Waorani tribe

(4/27/2018) Cyclone Kenneth crosses Mozambique Area 4 gas projects

(4/27/2018) Two Shell employees kidnapped & guards killed in Nigeria

(4/23/2018) Trump administration to impose sanctions on all buyers of Iran oil

(4/7/2018) Iran & Iraq to jointly develop Naft Shahr & Khorramshahr Fields

(3/31/2018) Offshore drilling in Oregon state waters banned indefinitely

(3/26/2018) Dual cyclones bear down on NW Australia, thousands evacuated

(3/10/2018) OPEC postponing output cut decision to June

(2/25/2018) BP, ExxonMobil & BP evacuating staff from Iraq

(2/25/2018) UK Unite trade union approves strike at Total North Sea platforms & gas plant

(2/24/2018) Libyan oilfields seized by Libya National Army

(2/24/2018) Kenya breaks relations with Somalia over oil & gas licensing

(2/22/2018) One worker killed, 6 injured in attacks on Anadarko Project in Mozambique

(2/21/2018) Ten oil workers killed in minibus attack in eastern Syria

(2/17/2018) Tunisian oil workers kidnapped in Libya released unharmed

(2/2/2018) OPEC output fell 890,000 b/d in January

(1/25/2018) African Energy Chamber signs tech assistance pact with South Sudan

(1/25/2018) EIA projects US oil & gas output & exports rising for years

(1/15/2018) Norway's claim of exclusive Arctic oil exploration at stake in crab case

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