International5 years agoCOVID-19 demand update: Oil seen down 6.4%, jet fuel down 26%, road fuel down 5.5% in 2020COVID-19 demand update: Oil seen down 6.4%, jet fuel down 26%, road fuel down 5.5% in 2020 Rystad Energy…
International5 years agoCOVID-19: Aker Solutions slashes costs and spendingCOVID-19: Aker Solutions slashes costs and spending Aker Solutions is taking action to mitigate the effects of the slowdown…
International5 years agoApache to double planned cost savings to $300 millionApache to double planned cost savings to $300 million Apache Corp. APA, +1.70% said Wednesday it is doubling its…
International5 years agoQuarantined offshore: North Sea energy groups rocked by coronavirusQuarantined offshore: North Sea energy groups rocked by coronavirus Located in stormy waters 315 miles north-east of Aberdeen, there aren’t…
International5 years agoSchlumberger executives take pay cuts as North American workforce is slashedSchlumberger executives take pay cuts as North American workforce is slashed Schlumberger executives are taking pay cuts while the…
International5 years agoAmerican ‘backyard’ wells, the flexible 11% of the US onshore oil output, now face an inflexible choiceAmerican ‘backyard’ wells, the flexible 11% of the US onshore oil output, now face an inflexible choice About 11.4%…
International5 years agoUS To Lose Rank as World’s Top Oil Producer Due to Price War and COVID-19US To Lose Rank as World’s Top Oil Producer Due to Price War and COVID-19 The United States this…
International5 years agoRig utilization could fall by 18% in Southeast Asia in 2020 as E&Ps weight their optionsRig utilization could fall by 18% in Southeast Asia in 2020 as E&Ps weight their options Southeast Asia’s rig…
International5 years agoGlobal E&P capex will reach at least a 13-year low in 2020 as COVID-19 and price war persistGlobal E&P capex will reach at least a 13-year low in 2020 as COVID-19 and price war persist Global…
International5 years agoNorway offers oil firms 36 blocks in mature areas, none in Barents SeaNorway offers oil firms 36 blocks in mature areas, none in Barents Sea Norway is offering oil firms 36…
