APR 9, 2020 Today , the Organization of Petroleum Exporting Countries (OPEC) and Russia will hold a virtual conference to try to reach a new
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OPEC and allies agree to 10 MMbpd production cut
Major oil producers agreed to slash output as feuding members of the OPEC+ coalition buried differences in an effort to lift the market from a
Offshore drillers will be living on the edge, Rystad analysis shows
The Covid-19 epidemic and the ongoing oil price war have ravaged global energy markets during the last two months, and offshore drilling, in particular, is
Offshore Technology Conference (OTC) 2020 Canceled
The 2020 Offshore Technology Conference (OTC) has been canceled due to the coronavirus pandemic. “While OTC’s purpose is to provide an opportunity for those in
Trump expects Saudi, Russian oil production cuts after phone call
President Donald Trump said he expects Saudi Arabia and Russia to cut oil production by about 10 million barrels after he spoke by phone with
Chinese Buyers Snap Up U.S. Oil Purchases at Widest Discounts Ever
China has increased U.S. crude purchases with some buyers snapping up cargoes at the widest discounts ever as sellers seek to offload excess supplies in
