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Irans Oil Exports Jump in September Defying US Sanctions

2020-09-25 18:15:00| OGI

Exports have shrunk from over 2.5 million bbl/d since the U.S. withdrew from a nuclear deal with Iran and reimposed sanctions in 2018. Still, Iran has been working to get around the measures and keep exports flowing.

Tags: september jump oil exports

 

Norway Gets Applications from 33 Oil Firms to Explore Mature Areas

2020-09-25 15:20:32| OGI

The Norwegian oil and energy ministry has received applications from 33 companies for oil and gas licenses in so-called mature offshore areas, it said on Sept. 25.

Tags: areas applications oil explore

 
 

ConocoPhillips Sees Global Oil Demand Returning

2020-09-25 11:15:00| OGI

The view stands in contrast to that of rival BP Plc, which sees the coronavirus pandemic leaving a lasting effect on global energy demand, though ConocoPhillips still expects "quite a bit of uncertainty next year."

Tags: global oil demand returning

 

Norway Oil Drilling Rig Companies Agree on Wage Deal with Workers

2020-09-24 15:26:56| OGI

The deal between the Norwegian Shipowners Association and the Industri Energi, Safe and DSO labor unions comprises around 7,500 workers.

Tags: companies agree deal oil

 

Will US Oil Production Ever Hit 13 Million Barrels Per Day Again?

2020-09-23 23:44:06| OGI

Analysts discuss the outlook for the U.S. shale sector as it recovers from the latest downturn, awaiting higher global demand.

Tags: day again hit production

 

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