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Russian Oil Firms Ready To Agree To A Production Cut Deal

With oil prices below Russia's budget breakeven and with over 20 percent of global oil demand wiped out by the coronavirus pandemic, Russian oil firms could be ready to participate?

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Canada Looks To U.S. As Oil Crisis Escalates

Canada is in close contact with the United States about the oil price crash and its effect on the industry, Canada's Deputy Prime Minister and Minister of Intergovernmental Affairs Chrystia?

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Battery Metals Take A Hit As China's EV Boom Grinds To A Halt

The slowdown in China's electric vehicle sector could have knock-on effects on the battery metals market in both the short and long run, commodities analysts at Argus Media?

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Norwegian Oil Giant Issues $5 Billion In Debt To Tackle Crisis

Norway's Equinor has raised $5 billion in fresh debt to reduce the adverse impact of the oil crisis, the company?said. The maturities of the bonds range between 2025 and?

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Texas Oil Rep To Discuss 10 Million Barrel Per Day Cut With Russia

Following US President Trump's earlier tweet that he had discussed oil prices with Saudi Arabia's Crown Prince, Texas Railroad Commissioner Ryan Sitton reports that he discussed with?

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IEA: This Oil Shock Is The Worst In History

The world has seen some oil shocks before, but ?none has hit the industry with quite the ferocity we are witnessing today,? the IEA said on Wednesday in?an article?on?

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Price Collapse Halves Iraq's Oil Revenues

Iraq saw its oil revenues cut nearly in half in March when oil prices collapsed, even though OPEC's second-largest producer exported more barrels of crude last month than it did?

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A Rare Piece Of Good News As The Oil Industry Crashes

While oil firms race to announce spending cuts, Apache Corporation said on Thursday it had made a significant oil discovery offshore Suriname in South America, its second major oil?

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Brazil Halts Its Oil And Gas Boom

Brazil's energy industry regulator ANP announced it would suspend all oil and gas tenders scheduled for this year amid growing economic uncertainty caused by the global spread of the novel?

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Oil-Dependent Kazakhstan Faces Recession As Price War Rages On

The government in Kazakhstan has, in the light of the unfolding coronavirus pandemic and the concomitant fall in global oil prices, revised its economic projections for this year to forecast?

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