Big Oil To See Production Peak In 2028
The pandemic shock to demand and the energy transition strategies are set to bring peak crude and natural gas production
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JPMorgan says two factors could drive up oil prices by another $5 to $10 per barrel
JPMorgan Asset Management’s Kerry Craig says two factors could drive oil prices “a little bit higher” from where they are
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Goldman Sachs picks an oil stock it believes will rally 50% this year
Analysts at Goldman Sachs have named oil stocks it says are set to rally by as much as 54% this
Περισσότερα...Goldman Sachs: These 2 “Strong Buy” Stocks Could Surge at Least 30%
We’re well into the first quarter of 2021 now, and it’s a good time to take stock of what’s behind
Περισσότερα...Oil Extends Rally After OPEC+ Pledges to Keep Clearing Surplus
Oil rose for a fourth day after OPEC and its allies pledged to continue whittling down the global surplus caused
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Labor unions lash out over job killing energy policies
Labor unions that endorsed Joe Biden are lashing out after he revoked the construction of the Keystone XL oil pipeline.
Περισσότερα...World’s Top Oilfield Services Provider Optimistic About Oil Demand
The largest oilfield services provider, Schlumberger (NYSE: SLB), reported on Friday better-than-expected earnings for the fourth quarter and, like its
Περισσότερα...Libya lost 92% of oil, gas revenues in 2020
Official statistics have shown that Libya’s oil and gas revenues decreased by 92 per cent last year, as the blockade
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Oil Down Over OPEC+ Drama
Oil was down Tuesday morning in Asia, as the Organization of the Petroleum Exporting Countries and allies, or OPEC+, continues
Περισσότερα...Venezuela’s oil exports sink to 1940’s level
Pressured by strict U.S. sanctions, Venezuela’s oil exports plunged by 376,500 barrels per day (bpd) in 2020, according to Refinitiv
Περισσότερα...Libya talks digital transformation with KPMG, meets UK officials
National Oil Corp. (NOC) and KPMG Tunisia have reached a deal on new financial and administration systems. The Libyan company
Περισσότερα...Libya Announces 204% Increase in Oil Exports in November
The exports of Libya’s National Oil Company (NOC) rose in November by 204% over the previous month, to $700.4 million,
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