NEWS

April 12, 2021

Smaller Oil Tanker Rates Recover After OPEC+ Agrees To Ease Cuts

Daily rates for smaller oil tankers have started to recover after OPEC+ and Saudi Arabia announced they would gradually add around 2 million barrels per day […]
April 12, 2021

Libya’s Largest Oilfield Could See Exports Interrupted

The largest oilfield in Libya, the 300,000-bpd Sharara field, could see crude oil exports from it disrupted if members of the Petroleum Facilities Guard (PFG) follow […]
April 12, 2021

Total’s $5-Billion Uganda Project Set For Imminent Go-Ahead

The final investment decision on a US$5.1-billion project involving French oil giant Total in Uganda is expected to be announced as soon as on Sunday, Bloomberg […]
April 12, 2021

China Sets World Record For Deep-Sea Drilling In Disputed South China Sea

China has set a world record for deep-sea drilling in the South China Sea, Chinese state media reported, while tensions in the disputed area are rising. […]
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