International

Oil Negotiators Race Against Clock to Clinch Historic Deal

Negotiators raced to clinch a historic deal to cut oil supply and stem a devastating price rout, with just hours to go before the market opens.

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Pressure mounts on Saudi Arabia to finalise oil deal

Biggest supply pact in history endangered by Mexico’s refusal to make equal cuts

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Mexico Says It Made OPEC+ Oil-Output Cuts Deal With Trump

Mexico said it has reached an agreement with OPEC+ for deep oil-production cuts, after an intervention from U.S. President Donald Trump resolved an overnight impasse.

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OPEC + .. conditional agreement to reduce oil production for two years

After a long series of virtual meetings and deliberations, the countries of the "OPEC Plus" group, which includes the member states of the "OPEC" and the oil producers in solidarity with it, decided to cut daily production in three stages, culminating with the beginning of 2021 until April 2022.

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Submission of Field Development Plan Addendum for Karish North

Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announce the completion of an independent Competent Persons Report (“CPR”) by DeGolyer and MacNaughton (“D&M”) on the Karish North Field, offshore Israel, and submission of an addendum to the Field Development Plan (“FDP”) to the State of Israel’s Ministry of Energy for Karish North.

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Oil prices higher ahead of Opec-Russia meeting

Investors hopeful, but deal to cut supply faces serious challenges

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Russia rejects US suggestion on oil cuts

Russia has rejected suggestions that a market-driven fall in oil production from US shale producers could count towards the country’s share of a potential global crude reduction deal, dampening hopes of a significant agreement this week.

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India buying millions of barrels of Saudi crude for strategic reserves

the world’s third biggest oil consumer, is set to snap up millions of barrels of Middle East crude for its strategic reserves, signaling its support for global efforts to rescue the energy market.

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