Russia Still Elusive On Deeper OPEC+ Oil Production Cuts
Russia is still reviewing the recommendation of the OPEC+ technical panel for additional cuts of 600,000 bpd in response to the slump in oil demand over the coronavirus outbreak, Russian?
Petrobras announced it had broken another production record in the last quarter of 2019, producing more than 3 million bpd of oil equivalent throughout the period, Reuters reports, adding?
U.S. Oil Production From Federal Leases Exceeds Record 1 Billion Barrels
Streamlined permitting processes and advances in technology helped U.S. oil production from offshore and onshore sites managed by the federal government to exceed a record 1 billion barrels in fiscal?
600-Mile Range Electric Pickup Truck Enters Race For Best Zero-Emission Truck
Arizona-based Nikola Corporation has just unveiled the latest electric pickup truck on the market to rival Tesla, Ford, and Rivian, announcing the Nikola Badger electric pickup truck with an?
U.S. Budget Proposal Includes Sale Of 15 Mln Barrels Strategic Reserve Oil
The budget proposal President Trump released yesterday calls for the sale of 15 million barrels of oil from the Strategic Petroleum Reserve of the United States. The proceeds from the?
Emissions Could Undo Canada's Latest Oil Sands Project
The fate of the latest oil sands mining project in Alberta may be decided by the estimates of carbon emission from the province's oil and gas industry?and Alberta and the?
Iraq will reduce oil production from the Nahr Bin Omar oil field to a minimum to cut gas emissions and pollution, Reuters reported today, quoting the Iraqi state news?
China's No.2 Refiner Cuts Fuel Output, Could Defer Oil Cargoes
As the coronavirus continues to batter fuel demand in China, the country's second-largest refiner, state-held PetroChina, is cutting refinery runs and is talking to key suppliers in the Middle East?
Libya's Azzawiya Oil Refining Company has suspended its operations for lack of feedstock amid the continued blockade of oil ports that has led to the shutdown of several fields, Reuters?
The Middle East Feels The Pinch As Asia's Oil Demand Slumps
The crude oil benchmarks in the Middle East, Dubai and Oman, continued to fall on Monday as demand in Asia slumps as the coronavirus has now claimed more?
