US shale oil output set to drop in 2020 as cuts forecast to reach more than 2 million bpd in…

Offshore Drilling Starts for Qatar Mega-Project   Qatar Petroleum (QP) reported Wednesday that it has begun the offshore development drilling…

Petrobras Hibernates 62 Platforms   Petrobras revealed Wednesday that it has begun hibernating 62 platforms in shallow water fields in…

COVID-19 demand update: Oil seen down 9.6%, jet fuel down 31%, road fuel down 9.6% in 2020   Rystad Energy’s…

Oil prices hardly changed as market waits for more news – Rystad Energy comments   Oil prices are largely unchanged…

$20 Oil Could Crush Brazil’s Offshore Oil Boom   Brazil has suspended its 17th licensing round which would have seen…

Noble Energy cuts salaries, reduces capex during pandemic and oil price crash   Noble Energy Inc. Announced a series of…

Texas’ oil and gas regulators aren’t ready to cut production yet   Facing a steep drop in oil demand with…

Oil prices mixed as supply-demand imbalance persists -Rystad Energy comments   Prices are mixed on Wednesday morning and only changed…

Saipem Crew in Isolation after COVID-19 Case on Pipelaying Vessel   Several crewmembers aboard Saipem’s offshore vessel FDS in a…