International

Oil prices higher ahead of Opec-Russia meeting

Investors hopeful, but deal to cut supply faces serious challenges

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.

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.

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.

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.

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.

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.

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.