International

Oil Weighed Down After 10% Drop on Lingering Demand Fears

Oil was anchored near $20 a barrel after tumbling 10% on Tuesday as concerns over virus-driven demand destruction overshadowed a historic deal by the world’s biggest producers slash output.

Oil Little Changed After Historic OPEC+ Deal to Cut Production

Oil surrendered gains after rising in early trading as investors weighed whether an unprecedented deal by the world’s biggest producers to cut output would would be enough to steady a market pummeled by the coronavirus.

Détente in oil price war as OPEC+ agrees to 9.7MMbpd cut

The world’s top oil producers pulled off a historic deal to cut global crude output and put an end to a devastating price war.

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.

Pressure mounts on Saudi Arabia to finalise oil deal

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

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.

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.

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.