Reports

SDX Energy sets production guidance, new well programmes

SDX Energy Plc has set its 2021 production guidance at 5,620 to 5,920 barrels oil equivalent and said it plans to spend some US$25mln to US$26.5mln of capex.

Egypt To Resume LNG Exports As Prices Rise

From March 2020 up until November 2020 only one cargo of Egyptian LNG has left the country on the back of anemic demand and plummeting prices all across the globe – a grueling course of events for a country wielding 12.2mtpa of liquefaction capacity

TransGlobe Output Inches up in Q4, Finishes 2020 below Guidance

TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces an operations update.

Chevron posts profit on deep cost cuts, third-quarter results

Chevron Corp on Friday reported an adjusted third-quarter profit as oil prices recovered from spring lows and spending cuts benefited operating results.

Shell Raises Dividend as third-quarter Profit Beats Expectations

Royal Dutch Shell Plc tried to lift itself out of the deepest share-slump in a quarter-century, promising more cash for shareholders even as its business is buffeted by climate change and the coronavirus pandemic

Libya oil production at 680,000 barrels per day

Libyan oil production has reached 680,000 barrels per day (bpd), a Libyan oil source told Reuters on Thursday, more than a third higher than earlier this month, as the OPEC member seeks to revive its oil industry.

Iraqi Crumbling Economy Is Becoming a Threat to OPEC

From his third-floor office in eastern Baghdad, Iraqi Oil Minister Ihsan Abdul Jabbar can see the rowdy protesters below as they march toward Tahrir Square, the symbolic heart of Iraq’s latest uprising.

About half of the US Gulf of Mexico oil and gas volumes offline ahead of Zeta

Roughly half of all the oil and gas production from the US Gulf of Mexico was shut in Oct. 27 ahead of Tropical Storm Zeta, which is expected to again strengthen into a hurricane before making a projected landfall in southeastern Louisiana.