March 29, 2021

How Has COVID-19 Impacted Oil Supply and Demand?

The COVID-19 pandemic has impacted much of the global economy, and the oil market has been one of the hardest-hit...
September 18, 2019

Oil Steadies as Saudis Plan to Restore Output by Month’s End

Over the weekend, drone attacks shutdown output at the Abqaiq and Khurais oil plants, removing 5.7 million barrels per day...
November 13, 2018

Rio Tinto Sells Wharf and Land to LNG Canada

Rio Tinto had entered into an option agreement with the energy producer in 2014 for a number of options related...
October 18, 2018

Shell Sells Danish Offshore Assets for US$1.9 Billion

Shell’s subsidiary Shell Overseas Limited penned the deal with Noreco that will divest Shell from Denmark’s offshore oil and gas...
January 16, 2018

Shell Announces First North Sea Oil Project in Six Years

Royal Dutch Shell plc announced its final investment decision on the redevelopment of the Penguins oil and gas field in...
October 22, 2013

Oil Prices Drop Below $100 per Barrel

For the first time since July, oil futures are down below $100 per barrel.
July 26, 2012

Royal Dutch Shell to Invest $3.5 Billion in Two Oil and Gas Projects in Nigeria

Bloomberg reported that Royal Dutch Shell (NYSE:RDS.B) plans to invest about $4 billion in two Nigerian oil and gas projects.