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HomeInternational News

International News

opec energynewsbeat
Crude Oil News

Russian central bank says OPEC+ may delay oil output rise

November 28, 2020 Stu Turley

Energyworld MOSCOW, Russian central bank said on Thursday that OPEC+, the group of leading oil producing countries, may delay a planned increase in oil output from Jan. 1, 2021 as the pandemic has negatively impacted the economic outlook and oil […]

OPEC - energynewsbeat
Crude Oil News

OPEC+ to meet for talks on continuing oil cuts, but can they control their members?

November 26, 2020 Stu Turley

Energy News Beat Publishers Note: This will be one to watch – OPEC can not control their members – and Turkey, Venezuela,  and Libya need cash. Is this the end of OPEC’s control of world […]

Crude Oil News

Gulf Keystone announces successful completion of SH-12 workover at the Shaikan field

November 24, 2020 Clark Savage

Gulf Keystone Petroleum, a leading independent operator and producer in the Kurdistan Region of Iraq, has announced that the planned workover on the SH-12 well has been completed safely. Jón Ferrier, Gulf Keystone’s Chief Executive Officer, said: […]

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 […]

Energy Storage

Australian utility AGL reveals latest big step towards 850MW of battery storage

November 23, 2020 Clark Savage

AGL said it has also lodged a Scoping Report – a necessary step in the process to get planning approval – for a 50MW battery facility at its Broken Hill solar farm in NSW (pictured). […]

Finance

BP agrees London headquarters sale and leaseback with Lifestyle Intl

November 23, 2020 Clark Savage

LONDON (Reuters) – BP BP.L has agreed to sell its London headquarters for 250 million pounds, a spokesman said on Friday, the latest in a string of disposals as the British energy company shifts to low-carbon energy. […]

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 […]

International News

Trump Administration proposes revised Arctic regulations

November 22, 2020 Clark Savage

The U.S. Department of the Interior’s Bureau of Safety and Environmental Enforcement and Bureau of Ocean Energy Management announced that they will issue an Arctic Exploratory Drilling Proposed Rule to remove unnecessary, burdensome provisions while ensuring that energy exploration on the […]

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