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HomeCrude Oil News

Crude Oil News

Aruba-grapple-with-distressed-oil-assets-energynewsbeat
Crude Oil News

Curacao, Aruba grapple with distressed oil assets

November 23, 2020 Clark Savage

Bogota, 23 November (Argus) Curacao severed an oil storage contract with SPS Drilling E&P six weeks after it was signed, underscoring the challenge of monetizing Caribbean assets formerly run by Venezuela’s state-owned PdV. The 15 […]

Total in talks with Libya to expand oilfield investment -energynewsbeat.com
Crude Oil News

Total in talks with Libya to expand oilfield investment

November 23, 2020 Clark Savage

(Bloomberg) –France’s Total SE is in talks to increase energy investment in Libya, where oil output has surged in the past two months amid a truce in the OPEC member’s civil war. Total and Libya’s […]

ConocoPhillips - Northslope - Energynewsbeat.com
Crude Oil News

ConocoPhillips to resume drilling on Alaska’s North Slope

November 22, 2020 Clark Savage

Anchorage, Alaska — ConocoPhillips plans to restart drilling on Alaska’s North Slope before the end of the year and will have four rigs operating in 2021, company officials said Wednesday. Next year’s budget hasn’t been approved […]

Crude Oil News

Netherlands: Parkmead announces preliminary results for the year ended 30 June 2020

November 21, 2020 Stu Turley

Strong financial position and robust producing assets, despite low gas price environment Well capitalised, with cash balances of £25.7 million (US$33.4 million) as at 30 June 2020 Total asset base increased by 9% to £89.8 […]

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