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Light Crude Clears $40 Amid Sign of More Stimulus

House Speaker Nancy Pelosi said she spoke with Treasury Secretary Steven Mnuchin, signaling openness to resuming stimulus talks. Read Full Article Source: RigZone ...

by TheNewsDoctors | Published 10 hours ago
By TheNewsDoctors On Thursday, September 24th, 2020
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Iran Opens Naval Base Along Oil Chokepoint

Iran’s Islamic Revolutionary Guard Corps opened a new naval base along one of the world’s busiest oil transit routes. Read Full Article Source: RigZone ...

By TheNewsDoctors On Thursday, September 24th, 2020
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Total to Stop Refining Crude at French Facility

The French energy giant will replace the facility with plants making renewable fuels and plastics. Read Full Article Source: RigZone ...

By TheNewsDoctors On Thursday, September 24th, 2020
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Former PDVSA Trader Charged in US Graft Crackdown

A former PDVSA trader was charged with receiving bribes as part of an expansive investigation into traders paying for access to South American oil markets. Read Full Article Source: RigZone ...

By TheNewsDoctors On Thursday, September 24th, 2020
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Apache Contract Extension Could Be Worth $100MM

Apache Corp. has awarded Archer a four-year contract extension for platform drilling and maintenance services. Read Full Article Source: RigZone ...

By TheNewsDoctors On Thursday, September 24th, 2020
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California Is Banning Gasoline Cars

California just started the clock on a future that a few years ago would’ve been unthinkable – dealerships full of nothing but zero-emissions cars. Read Full Article Source: RigZone ...

By TheNewsDoctors On Thursday, September 24th, 2020
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Sapura Energy Founder to Retire

Sapura Energy Berhad has announced that its president and group chief executive officer is planning to retire after leading the group for a quarter of a century. Read Full Article Source: RigZone ...

By TheNewsDoctors On Thursday, September 24th, 2020
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Siemens Wins Nigeria LNG Order

Nigeria LNG has selected Siemens Energy to provide a cryogenic boil-off gas compressor train for its Bonny Island liquefaction plant. Read Full Article Source: RigZone ...

By TheNewsDoctors On Thursday, September 24th, 2020
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OGA Appoints Ex-Chevron and BP Rep

The UK Oil and Gas Authority has announced that it has appointed Andy Brooks as its new Central North Sea area manager. Read Full Article Source: RigZone ...

By TheNewsDoctors On Thursday, September 24th, 2020
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Executives Predict 2020-End Oil Price

The price of West Texas Intermediate oil at the end of 2020 is expected to be between $40 per barrel and $44.99 per barrel. Read Full Article Source: RigZone ...