NEWS

January 25, 2021

This small country in South America could be the next big oil find

The Atlantic waters off Guyana have become one of the world’s hottest oil-drilling zones. Now, international oil executives are looking at neighboring Suriname. Exxon Mobil, Royal […]
January 19, 2021

Cambodia Prepares To Produce Its First Oil

As Asian oil demand looks set to increase over the next decade, Cambodia is taking advantage of the opportunity with its first crude oil production. Cambodia’s […]
January 19, 2021

Asian Buyers Rush To Secure North Sea Oil After Saudi Surprise Cut

Saudi Arabia’s surprise announcement that it would cut 1 million barrels per day (bpd) beyond its share of OPEC+ cuts in February and March has refiners […]
January 19, 2021

North Dakota’s Oil Production Won’t Rebound Until 2022

Crude oil production in North Dakota, home to the Bakken shale, is not expected to recover to pre-pandemic levels until late into 2022 due to the […]
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