Venezuela's Police Round Up The ?Citgo 6' U.S. Oil Executives
The so-called ?Citgo 6'?six U.S. oil executives at Citgo who were detained in Venezuela more than two years ago and released under house arrest in December 2019?were rounded up by?
Equinor Earnings Top Estimates As Giant Oilfield Starts Up
Norway's Equinor (NYSE: EQNR) reported on Thursday better-than-forecast earnings for the fourth quarter, as the start-up of the massive Johan Sverdrup oilfield partially offset lower oil and gas prices.?
Brazilian Bank Gets $5.2 Billion From Petrobras Stake Sale
Brazilian lender BNDES sold a stake in Petrobras for $5.2 billion, Reuters reports, and plans to pay part of the proceeds as dividends to the Brazilian Treasury. The sale?
Trump Administration Ready To Ramp Up Sanctions On Venezuela
The Trump administration is keeping a close eye on companies that are still doing business with Venezuela and is ready to mount pressure on them, up to and including sanctioning?
California Lawsuits Against Big Oil Reach Crucial Hearings
The U.S. Court of Appeals for the Ninth Circuit will hear arguments on Wednesday whether to allow lawsuits against Big Oil by several California cities be heard in state court,?
Six Shale Gas Producers Downgraded As Gas Prices Fail To Recover
S&P ratings downgraded six U.S. shale gas companies that might find it difficult to refinance billions in debt on the back of chronically low gas prices and overinvestment, S&P Global?
Canada's Trade Deficit Significantly Narrows As Oil Exports Rise
Canada's merchandise trade deficit narrowed more than expected in December, thanks to a rebound in crude oil exports in the last month of 2019 from the previous month, when a?
OPEC+ Consults China About Coronavirus Consequences For Oil
The OPEC+ joint technical committee asked China on Tuesday to help it assess the demand loss from the coronavirus outbreak, as OPEC and its allies are struggling to contain an?
Venezuela's Oil Exports, Oil Stocks, Fall In January
Venezuela's oil exports fell 14% in January, exporting less than 1 million bpd of crude and refined products for the month, according to Reuters. The 951,903 bpd that was?
Global Oil Tanker Rates Fall As Coronavirus Hits Oil, Fuel Demand
Falling Chinese demand for crude oil and fuels amid the coronavirus outbreak will likely cut shipping rates globally, ship brokers and owners told S&P Global Platts on Wednesday as?
