NEWS

December 10, 2019

China Set To Launch $105-Billion Oil & Gas Pipeline Firm

China will officially launch on Monday its long-mooted state oil and gas pipeline group combining the infrastructure assets of the state-owned energy majors into one huge […]
December 7, 2019

Oil Rises After API Reports Larger Than Expected Crude Draw

The American Petroleum Institute (API) has estimated a crude oil inventory draw of 3.72 million barrels for the week ending November 28, compared to analyst expectations […]
December 6, 2019

This Nation Could Soon See Its First Offshore Oil

Woodside Petroleum, operator of the Sangomar block offshore Senegal, has submitted the development plan for what would be the West African country’s first offshore oilfield, paving […]
December 5, 2019

Pipeline Crisis Forces Canadian Oil Giants To Cut Jobs

Two of Canada’s largest oil sands producers, Husky Energy and Suncor, had some bad news for investors this week. Husky said it will slash capital spending […]
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