Bailing out the oil industry brings a fate worse than death Whenever things went wrong growing up, my dad would…

Oil on a free fall again -Rystad Energy comments   The real problem of the global supply-demand imbalance has started…

Global shut-ins surge: Canada, Iraq and Venezuela lead the 2 million bpd wave   After three consecutive months of Covid-19…

Energy firms slash over $50bn in CAPEX, delay in LNG FIDs could limit liquefaction capacity   In response to the…

Number of active US drilling rigs decreases this week   The number of active drilling rigs in the United States…

Diamond Offshore Drilling – Prepare For Bankruptcy After Company Skips Interest Payment And Retains Advisors   On Thursday morning, leading…

OGV Energy weekly review week 16 2020   Diversified Gas & Oil PLC on Friday confirmed it is advancing its…

Half of announced North American oil cuts come from just three companies   Numerous U.S. and Canadian oil companies have…

Oil futures down and spot flat as storage starts to fill -Rystad Energy comments   The soon-to-expire WTI NYMEX front…

MOL completes purchase of Chevron assets in Azerbaijan   MOL has closed the previously announced deal with Chevron regarding the…