Shell plans to cut 330 jobs from UK team
Majority of losses will be roles based in oil giant’s Aberdeen office The article Shell plans to cut 330 jobs from UK team was originally published at Independent.co.uk....
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Saudi Arabia Will Cut Its Oil Production, Allowing Russia’s to Grow
Oil prices rose to levels not seen since February. The two major oil producers had been moving in lock step since an April agreement to cut output. The article Saudi Arabia Will Cut Its Oil Productio...
Sale of Arctic Drilling Leases Draws an Unusual Taker. It May Be the Only One.
With a deadline looming and weak interest from oil companies, the state of Alaska may step in and buy leases in the hope of reassigning them later. Some analysts saw that as a long shot. The article ...
Energy ETFs are surging as oil futures near $50-a-barrel level
Energy ETFs are surging as oil futures near $50-a-barrel level The article Energy ETFs are surging as oil futures near $50-a-barrel level was originally published at Marketwatch.com....
Oil prices tumble 5% on demand worries over new COVID-19 strain in U.K.
Oil prices tumble 5% on demand worries over new COVID-19 strain in U.K. The article Oil prices tumble 5% on demand worries over new COVID-19 strain in U.K. was originally published at Marketwatch.c...
OPEC cuts oil-demand forecast for 2021
OPEC cuts oil-demand forecast for 2021 The article OPEC cuts oil-demand forecast for 2021 was originally published at Marketwatch.com....
‘Is Exxon a Survivor?’ The Oil Giant Is at a Crossroads.
Exxon Mobil is struggling to find its footing as demand for oil and gas falls and world leaders and businesses pledge to fight climate change. The article ‘Is Exxon a Survivor?’ The Oil Giant Is ...
Global oil prices top $50 a barrel for the first time since March
Global oil prices top $50 a barrel for the first time since March The article Global oil prices top $50 a barrel for the first time since March was originally published at Marketwatch.com....
Arctic Seismic Work Will Not Hurt Polar Bears, Government Says
The announcement removes a major hurdle to approving a plan to hunt for oil in the Arctic National Wildlife Refuge in Alaska, part of a push to allow drilling there by the Trump administration. The ar...
Sale of Arctic Refuge Oil and Gas Leases Is Set for Early January
The Trump administration’s announcement sets the stage for leases to be in the hands of oil companies before president-elect Joseph R. Biden Jr. is sworn in. The article Sale of Arctic Refuge O...