International

Trump Says Free Market Will Curb U.S. Oil Output ‘Automatically’

Donald Trump gave the strongest signal yet the U.S. might not join Saudi Arabia, Russia and other major producers in coordinated oil-production cuts, even as plunging crude prices put thousands of American shale jobs at risk.

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Energean issues Press Release regarding Karish Project Update - FPSO Hull Sailaway from China, and Edison E&P Transaction

Energean Oil and Gas plc (LSE: ENOG, TASE: אנאג), the oil and gas producer focused on the Mediterranean, is pleased to announce that its FPSO hull sailed away from the COSCO yard in China on 3 April 2020.

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Royal Dutch Shell reskills workers in artificial intelligence as part of huge energy transition

Working at Royal Dutch Shell’s Deepwater division in New Orleans gives Barbara Waelde a front-row seat to how the right data can unlock crucial information for the oil giant.

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Air Liquide, Groupe PSA, Schneider Electric, Valeo rise to the challenge of producing 10,000 Air Liquide Medical Systems Respirators

Faced with the compelling need for more respirators on its national territory, the French government has asked, on March 22, a group of French industrial companies led by Air Liquide to study the possibility of increasing the production of respirators so as to provide 10,000 respirators in 50 days, between the beginning of April and mid-May.

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China Starts Buying Oil for State Reserves After Price Crash

China is moving forward with plans to buy up oil for its emergency reserves after an epic price crash, according to people with knowledge of the matter.

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Trump considering crude oil import limits for US refiners: sources

President Donald Trump is considering a plan which would significantly limit US refineries from importing foreign crude and instead process Bakken, Permian and other domestic crudes, sources said Tuesday.

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Saudi Aramco Weighs Pipeline Stake Sale to Raise Cash

Saudi Aramco, the world’s largest oil producer, is weighing the sale of a stake in its pipeline unit to raise money amid a slump in crude prices, according to people familiar with the matter.

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Italy’s Eni to review Middle East projects

Italy’s Eni is reviewing its projects in the Middle East because of the coronavirus pandemic and oil market conditions, Reuters reported citing a senior company official.

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