CNOOC Limited Announces Commencement of Production at Liuhua 16-2 Oilfield / 20-2 Oilfield …
The project is expected to reach its peak production of approximately 72,800 barrels of crude oil per day in 2022.…
Oil industry stabilizing, but painful recovery ahead
Although estimates vary, global consumer and industry demand for oil plunged by between 20% and 30% during the March-May peak…
NNPC and Refineries Rehabilitation
The Nigerian National Petroleum Corporation (NNPC) has been quietly working on how best to proceed with the rehabilitation of the…
Uganda’s exit from pipeline project slows Kenya’s oil export hopes
Kenya will now have to bear the full cost of the delayed Lokichar-Lamu crude oil pipeline after Uganda, which ditched…
Like Oil Prices, Marathon Oil Stock is Going Nowhere Fast
Last month, I gave that group an affirmative nod. By that I mean, MRO stock is more compelling than those…
WEEKLY ENERGY RECAP: Oil bounces back amid KSA pledge
The rebound came despite plenty of bearishness in the market that was emphasized by the monthly oil reports from both…