News

February 8, 2021

China’s Oil Major CNOOC Boosts Capex To 7-Year High Despite Pandemic

Chinese state oil and gas company CNOOC will boost its capital spending this year to the highest in seven years, thanks to a 5-percent increase in […]
February 8, 2021

Shell May Re-evaluate Oil Operations Onshore Nigeria

Persistent issues with theft and sabotage in the Niger Delta could prompt Shell to take a hard look at its operations onshore Nigeria, the supermajor’s chief […]
February 8, 2021

Oil Major Total Buys Texas Solar Projects

France’s oil and gas supermajor Total is buying four large-scale solar power projects plus battery storage assets in Texas, with which it plans to meet the […]
February 8, 2021

Is There An Oil Price Correction Coming?

Even as Baker Hughes reported a rise in the number of active drilling rigs in the United States on Friday, oil prices continued to see gains […]
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