Eni became the latest oil company to cut its long-term price assumptions.
McDermott's CB&I Storage Solutions business has been awarded a 'large' contract.
Oil dropped before U.S. government data that's forecast to show gasoline stockpiles increased, while rising virus infections raised concern stricter controls will be extended.
Hurricane Energy has revealed that its chief operations officer and executive director has passed away.
Equinor and its partners have signed a letter of intent with Odfjell Drilling for the Deepsea Atlantic rig to drill 12 wells during phase 2 of the Johan Sverdrup field development, following its work on phase 1.
Source: Equinor - All News
The answer to that question is French oil and gas major Total, according to Wood Mackenzie.
Oil demand in 2020 could lose an additional 2.5 million barrels per day in a second Covid-19 wave scenario.
Source: Rigzone.com: Industry Headlines
Regular Gasoline Retail Price
(Dollars per Gallon)
2.177 .. U.S.
2.100 ... East Coast
2.097 .... New England
2.239 .... Central Atlantic
2.015 .... Lower Atlantic
2.102 ... Midwest
1.859 ... Gulf Coast
2.325 ... Rocky Mountain
2.768 ... West Coast
2.513 ... West Coast less California
2.981 .... California
2.447 .... Colorado
2.085 .... Florida
Tesla is now bigger than Exxon. BlackRock has taken over Wall Street. Even unprofitable, Uber and Lyft are threatening to overtake the $1-trillion auto industry and they’ve only scratched the surface. Now, the worldwide $2-trillion auto industry is next in line for disruption. This is the Fourth Industrial Revolution--kicked into high-speed gear by a global pandemic. And it’s all ...
CALGARY, AB – Keyera Corp. (TSX:KEY) (“Keyera”) announced today that it expects to release its 2020 second quarter results after market close on Wednesday, August 5, 2020. A conference call and webcast have been scheduled for Thursday, August 6, 2020 at 8:00 AM Mountain Time (10:00 AM Eastern Time). The conference call dial-in number is 888-231-8191 [Read more]
Source: BOE Report
If there was anything certain to come out of the COVID-19 pandemic, it is that the oil market and its participants are struggling to guesstimate how long overall demand will be depressed and how quickly it will recover in various regions of the world. When the only certain thing is uncertainty, analysts and traders once again realized that they don't ...
Subsea technology has drastically improved in the last two decades in terms of functionality and reliability, with notable strides made in areas such as subsea processing, subsea storage, subsea-to-shore and power distribution. This has enabled upstream companies to expand the scale of their deepwater projects, says GlobalData, a leading data...
CALGARY, AB – Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL) (NYSE: PBA) announced today that its Board of Directors has declared a common share cash dividend for July 2020 of $0.21 per share to be paid, subject to applicable law, on August 14, 2020 to shareholders of record on July 24, 2020. The common share [Read more]
Source: BOE Report