e360

Equinor Reports Q2 Earnings Of $350m

Equinor ASA reported second-quarter (Q2) adjusted earnings of $350 million compared to $3.15 billion in the same period in 2019. Adjusted earnings...

46

INTERNATIONAL NEWS

Petrobras Lets Contract For Three FPSOs Offshore Brazil

Petrobras’ executive board has approved the start of contracting processes for three FPSOs for the Búzios field in the presalt Santos basin...

43

INTERNATIONAL NEWS

Total To Sell UK Refinery, Downstream Assets

Total SE has agreed to sell its UK downstream business—including subsidiary Total Lindsey Oil Refinery Ltd.’s 109,000-b/d refinery in North Killinghome, Immingham,...

53

NEWS

Covid-19: Schlumberger Slashes 21,000 Jobs

Schlumberger, the world’s largest oilfield services company, is to cut 21,000 jobs out of the 105,000 people it employed at the end...

72

INTERNATIONAL NEWS

Oil Up On Weak Dollar Though U.S.-China Tensions, Virus Weigh

Oil prices edged higher on Monday, helped by a weak dollar and expected U.S. stimulus measures but gains were capped by rising...

87

INTERNATIONAL NEWS

Oil Prices Fall As Virus Infections Rise, Eyes On EU Recovery Plan

Oil prices on Monday fell as coronavirus cases increased in many countries across the globe, however investors remained cautiously optimistic about ongoing...

143

NEWS

NNPC Increases Gas Supply To Power Sector By 19%

The Nigerian National Petroleum Corporation (NNPC) has announced an increase of 19.14 per cent in the average daily natural gas supply to power...

166

NEWS

FG Explains Deregulation Of Oil Downstream Sector

The Minister of State for Petroleum Resources Chief Timipre Sylva says the deregulation of the downstream oil sector was to ensure economic...

139

NEWS

Explosion At NPDC OML 40 Kills 7

The Nigerian National Petroleum Corporation (NNPC) has reported an explosion incident which occurred at Gbetiokun, OML 40, operated by its subsidiary, the...