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1. News on Oil Prices
 1 April 2020 : Global fuel prices at 18-year low but Nepalis reap zero...  {myrepublica.nagariknetwork.com}
Price of crude oil in the international market plunged to an almost 18-year low at US $ 20 per barrel on Monday . . .
 1 April 2020 : AAA Carolinas: Fuel freefall continues across the Carolinas  {thetimesnews.com}
Gas prices throughout the Carolinas are only getting cheaper, as residents are urged to stay home to avoid the spread of COVID-19 . . .
 1 April 2020 : Gas prices fall 13 cents in Tennessee  {overtoncountynews.com}
Tennessees gas price average continues to decline and has dropped nearly 13 cents since this time last week. The Tennessee gas price average is now $1.77 . . .
 1 April 2020 : India slashes natural gas prices to multi-year low of $2.39/mmBtu  {Economic Times}
India has cut the price of locally produced gas for the April-September 2020 period by more than a quarter to a multi-year low . . .
 1 April 2020 : Gas prices plunge below $2 per gallon and continue to plummet...  {usatoday.com}
The national average price of gasoline has plunged below $2 per gallon, and the freefall is not likely to stop there . . .
 31 March 2020 : Peninsula fuel 50 per cent higher despite crude price drop  {coastcommunitynews.com.au}
Fuel prices on the Peninsula were more than 50 per cent higher that prices at Tuggerah during a recent price drop in crude oil prices . . .
 31 March 2020 : UAE petrol prices for April 2020 announced  {khaleejtimes.com}
The fuel prices for 2020 have been on lower end this quarter, the Super 98 petrol was Dh2.24 per litre in February 2020 . . .
 31 March 2020 : Gas prices in Virginia sharply drop  {nbc12.com}
According to the American Automobile Association, today Virginias average gas price is $1.85, which is down ten cents in just a week . . .
 31 March 2020 : Idaho gas prices drop with the nations average  {idahonews.com}
The U.S. average for regular gasoline is on a trajectory to fall below $2 a gallon. Monday, the average price was $2.01 . . .
 31 March 2020 : Global crude oil prices fall to 18-year old low but Indian fuel...  {businessinsider.in}
International oil prices on Monday plunged to a 17-year low but retail petrol and diesel prices in India remained on freeze . . .
More news on Oil Prices | ^Jump to the top^  
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2. Rig News
 1 April 2020 : SE Asia rig market set for decline. Deepwater projects at risk  {oedigital.com}
Norwegian energy intelligence company Rystad Energy has painted a bleak picture for the drilling rig market outlook in South East Asia . . .
 1 April 2020 : Predator takes its time drilling Morocco  {energyvoice.com}
Predator Oil & Gas is biding its time in Morocco for its drilling programme as the country faces a mounting coronavirus outbreak . . .
 1 April 2020 : ABS to class Silver Eagles new jack-ups  {oedigital.com}
ABS, a classification services provider to the marine and offshore industries, will provide classification for a series of highly innovative Self-Elevating Drilling Units . . .
 1 April 2020 : Huisman Crane for Penta-Oceans wind turbine installation rig  {oedigital.com}
Dutch offshore equipment manufacturer Huisman has signed a contract with PaxOcean Engineering for the delivery of a 1,600mt Leg Encircling Crane . . .
 31 March 2020 : Oil rig closures rising as prices hit 18-year lows  {theguardian.com}
Global oil producers have begun shutting down their oil rigs on the largest scale in 35 years as the coronavirus continues to drive market prices . . .
 30 March 2020 : US rig count crashes as oil war takes hold  {sharecafe.com.au}
The oil price war and impact of COVID-19 has hit the US fracking sector like a sledgehammer last week as the number of active oil rigs slumped by 40 . . .
 30 March 2020 : Nigeria tightens offshore oil rules after vessel workers get coronavirus  {Reuters}
Nigerias petroleum regulator has ordered oil and gas companies to reduce their offshore workforce and move to 28-day staff rotations . . .
 29 March 2020 : U.S. posts decline in active drilling rigs for current week  {menafn.com}
Baker Hughes, oilfield services company that is based in Houston of the United States, released data showing that the . . .
 28 March 2020 : Valaris to lose $620,000 a day rig deal with Total after BOP drop...  {oedigital.com}
Valaris, the worlds largest offshore drilling company by fleet size, is set to lose one of the most lucrative contracts in the offshore drilling industry today . . .
 28 March 2020 : US oil rigs see largest single-week drop in drilling in four years  {thehill.com}
U.S. oil rigs saw the largest single-week drop in drilling activity in four years as low oil prices take a toll on the industry . . .
More rig news | ^Jump to the top^  

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3. News on Oil Exploration
 1 April 2020 : SOCAR and Equinor confirm participation in Karabagh field  {worldpipelines.com}
On 19 March 2020, the parties confirmed the discovery of Karabagh field, a new field with 60 million t of oil reserves . . .
 1 April 2020 : Neptune Energy anticipates increase in North Sea...  {oilfieldtechnology.com}
Neptune Energy has underlined its long-term commitment to the UK North Sea and to progressing with major exploration and gas production . . .
 1 April 2020 : UK-based i3 Energy to acquire Toscana Energy for $2.82m  {offshore-technology.com}
North Sea operator i3 Energy has agreed to acquire Canada-based Toscana Energy. The latter company, in turn, owns Firenze Energy . . .
 1 April 2020 : 88 Energys Charlie drilling completes, shows seen...  {proactiveinvestors.co.uk}
88 Energy Ltd has told investors that the Charlie-1 well has reached target depth and it encountered shows and elevated log responses over several horizons . . .
 31 March 2020 : Norway proposes new oil exploration blocks, but none...  {Reuters}
Norway on Monday offered oil firms the chance to bid for 36 new offshore exploration blocks in an annual licensing round in mature areas . . .
 31 March 2020 : Croatias INA signs three onshore oil/gas exploration and production...  {seenews.com}
Croatia awards six oil and gas exploration licences for Pannonian basin in August 2019, Photo: Croatian Hydrocarbon Agency . . .
 30 March 2020 : New oil found overseas by Aberdeen-based firm  {eveningexpress.co.uk}
Neptune Energy announced that the find had been made at the Schwegenheim exploration well in the Rhine Valley, following detailed analysis . . .
 30 March 2020 : Hurricane Energy confirms coronavirus case on Aoka Mizu FPSO  {splash247.com}
UK-based oil exploration and production company has confirmed that a crew member on the Aoka Mizu FPSO at its Lancaster field . . .
 30 March 2020 : New report into petroleum exploration ban welcomed  {scoop.co.nz}
A new report by the Parliamentary Commissioner for the Environment into the ban on new petroleum exploration permits outside onshore Taranaki . . .
 29 March 2020 : Exploration firm Block Energy agrees to acquire...  {oilandgas360.com}
Oil and gas exploration firm Block Energy has reached a sale and purchase agreement for a Schlumberger subsidiary. The . . .
More news on Oil Exploration | ^Jump to the top^  
 
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4. News on Oil Demand and Oil Consumption
 1 April 2020 : Standard Chartered sees record oil demand loss this year  {oilprice.com}
Lockdowns and travel restrictions will result in an oil demand loss of 18.5 million bpd in April, with demand for the full-year 2020 . . .
 31 March 2020 : Global oil demand could fall around a third next month...  {Reuters}
Global commodities trader Trafiguras chief economist said oil demand could fall by more than 30 million barrels per day in April . . .
 31 March 2020 : US production and consumption of renewable energy...  {renewablesnow.com}
The production of US energy* from solar sources increased by 13.85% in 2019 while that from wind grew by 10.06% . . .
 28 March 2020 : Global oil storage to fill rapidly as consumption plunges...  {Reuters}
Global oil storage is filling up rapidly as the coronavirus pandemic reduces consumption by tens of millions of barrels per day . . .
More Oil Demand News  | More Oil Consumption News  | ^Jump to the top^  
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5. News on Oil Output
 1 April 2020 : Azerbaijan says no plans to change 2020 oil output...  {Reuters}
Azerbaijan is not planning to change its oil production plans for 2020, despite the collapse of an OPEC+ output deal earlier this month . . .
 1 April 2020 : Mexicos Pemex vows to maintain oil output even as demand...  {Reuters}
Mexicos state oil company Pemex plans to maintain crude production levels even as the coronavirus pandemic knocks down demand . . .
 1 April 2020 : U.S. crude oil output falls for second straight month in January  {Reuters}
U.S. crude oil output fell to 12.74 million barrels per day in January from 12.80 million bpd in December, the U.S. Energy Information Administration . . .
 1 April 2020 : Texas oil drillers prepare to halt production  {oilprice.com}
Texas oil companies may soon cut back production, both because of a looming lack of available storage space and because wells are becoming uneconomical . . .
 31 March 2020 : Libyan oil output down to less than 80,000 barrels per day  {china.org.cn}
Libyas daily oil production has dropped from more than 1.2 million barrels to less than 80,000 barrels, due to the closure of oil ports and fields . . .
 31 March 2020 : Venezuelas oil output falls to five-month low amid sanctions...  {Reuters}
Venezuelas crude production ended last week at around 670,000 barrels per day, according to documents seen by Reuters . . .
 31 March 2020 : Russias largest oil producer halts operations in Venezuela  {oilprice.com}
Russias largest oil producer, Rosneft, has announced that it is halting operations in Venezuela and selling its assets there to a company . . .
 30 March 2020 : Equinor says Sverdrup oilfield to produce more, faster than expected  {Reuters}
Equinors Johan Sverdrup oilfield is ramping up output at a faster pace and will produce at a higher rate than initially expected . . .
 30 March 2020 : SK Energy readies for commercial production of $820 mn...  {pulsenews.co.kr}
South Korean refining giant SK Energy Co. is ready to mass produce 40,000 barrels of environmentally-friendly low-sulfur fuel oil . . .
 30 March 2020 : ND oil regulators relax well requirements to avoid forcing...  {thedickinsonpress.com}
North Dakota oil regulators are relaxing requirements to give operators flexibility to determine whether to complete wells or keep them producing . . .
More Oil Output News  | ^Jump to the top^  
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6. News on Oil Transportation
 1 April 2020 : Oil prices have crashed, but Keystone XL keeps moving forward  {aljazeera.com}
Despite this years crash in crude prices, TC Energy Corp on Tuesday said it would start construction on the controversial $8bn Keystone XL pipeline . . .
 31 March 2020 : Saudi Arabia plans to increase oil exports to 10.6mn bpd...  {saudigazette.com.sa}
Saudi Arabia is planning to increase its crude oil exports by about 600 thousand barrels per day, taking the total to 10.6 million barrels per day . . .
 31 March 2020 : Russias Yamal LNG resumes loading operations in Norway  {Reuters}
Yamal LNG, controlled by Russias largest liquefied natural gas producer Novatek , is resuming ship-to-ship transfers in Norway . . .
 31 March 2020 : Russias Transneft settles part of dirty oil claims with Total  {Economic Times}
Russian oil pipeline monopoly Transneft said on Monday it has partially settled claims with French energy major Total over contaminated oil . . .
 31 March 2020 : Brazilian fuel exports rise as coronavirus saps local demand  {spglobal.com}
Brazil has ramped up fuel exports to compensate for losses to domestic demand, as the Latin American nation grapples with the measures . . .
 30 March 2020 : More east-coast gas supply needed  {energymagazine.com.au}
The Australian Energy Market Operator has predicted a shortage of gas in the southern states during winter in 2024 . . .
 30 March 2020 : Oil cos say no LPG shortage at all, delivering at least 40 per cent...  {Economic Times}
National oil marketing companies have come out on Sunday allaying the fears of consumers about product shortages . . .
 29 March 2020 : IUB approves increased Bakken pipeline oil flow  {kiwaradio.com}
The Iowa Utilities Board has approved a request from Dakota Access to up the amount of oil pumped through the Bakken . . .
 28 March 2020 : Gastrade secures 2.6 Bcm/year in capacity bookings...  {hellenicshippingnews.com}
Greece’s Gastrade, the developer of a planned floating LNG import facility at Alexandroupolis in northern Greece . . .
 28 March 2020 : Vietnam set to slash sweet crude exports as low prices...  {hellenicshippingnews.com}
Southeast Asian sweet crude market may witness spot cargo volumes decline sharply over the coming trading cycles as Vietnam plans to slash production . . .
More Oil Transportation News  | ^Jump to the top^  
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7. News on Oil companies
 1 April 2020 : Shell secures £10bn loan facility as it warns over £650m hit...  {theguardian.com}
Royal Dutch Shell has secured a $12bn loan facility to protect its shareholder payouts against an oil price crisis . . .
 30 March 2020 : Chinas oil giant reports higher revenue, lower profits in 2019  {xinhuanet.com}
PetroChina, Chinas largest oil and gas producer, reported expansion in revenue in 2019, while its net profit saw a remarkable drop . . .
 30 March 2020 : Sinopec 2019 net profit fell 8.7% on lower oil prices  {morningstar.com}
China Petroleum & Chemical Corp., better known as Sinopec, said its net profit fell 8.7% in 2019 partly due to a decrease in petroleum products prices . . .
 28 March 2020 : Energy trader Vitols oil volumes rose 8% in 2019  {Reuters}
Global energy trader Vitol said on Friday its 2019 revenues were $225 billion and its traded oil and refined products volumes rose by 8% . . .
 27 March 2020 : Australias Woodside slashes $2 bln in spending, delays key gas...  {Economic Times}
Woodside Petroleum halved its forecast spending for 2020 and deferred go-ahead decisions for its two biggest gas projects . . .
 26 March 2020 : Chinas CNOOC reports 16% rise in net profit in 2019  {hellenicshippingnews.com}
Chinas national offshore energy producer CNOOC Ltd reported a 15.9% rise in 2019 profit on Wednesday, its best performance in five years . . .
 25 March 2020 : UAEs ADNOC tells contractors it plans cost cuts after oil price crash...  {Reuters}
Abu Dhabi National Oil Company has notified contractors and suppliers that it will review existing deals to find ways to cut costs . . .
 25 March 2020 : Lundin Petroleum cuts dividend by 44 per cent as oil price...  {Economic Times}
Swedens Lundin Petroleum has cut its proposed dividend for 2019 as it seeks to hold on to more cash to offset crashing oil prices . . .
 25 March 2020 : Suncor cuts $1.5 billion from budget to cope with low oil prices...  {globalnews.ca}
Oilsands giant Suncor Energy Inc. is putting projects on hold and cutting its 2020 capital budget by 26 per cent to deal with lower oil prices . . .
 24 March 2020 : Apache Corporation to begin layoffs in Permian Basin  {sanangelolive.com}
The Houston oil and gas producer Apache Corporation told state workforce officials on Thursday that its layoffs of 85 employees will began Wednesday . . .
More news on oil companies  | ^Jump to the top^  
8. Oil Contracts
 1 April 2020 : Equinor extends facility management contract with Coor  {oedigital.com}
Swedish company Coor has won offshore facility management services extension with Norways oil company Equinor . . .
 1 April 2020 : Production sharing contracts for Bzios and Itapu are signed...  {cryptodictation.com}
winning companies entered into production sharing contracts with the Ministry of Mines and Energy, ANP and Pr-Sal Petrleo SA . . .
 31 March 2020 : Azerbaijans state oil company, Equinor sign co-op agreement   {azernews.az}
The State Oil Company of the Azerbaijan Republic SOCAR and Norwegian Equinor company signed an agreement on cooperation in the field of labor safety . . .
 30 March 2020 : Saudi petchems firm sets up $1.8bn joint venture...  {thenational.ae}
Saudi Arabias Advanced Petrochemical Company signed a deal with South Koreas SK Gas to set up two petrochemicals units in the kingdom . . .
 26 March 2020 : Rosneft pays consultant millions to secure oil deals  {consultancy.eu}
According to research firm Coalition Development, the entire M&A advisory fees of the top 12 global investment banks in the Middle East . . .
 25 March 2020 : Sharjah signs Petrofac for $40m gas storage project  {gulfnews.com}
Sharjah National Oil Corporation has awarded the $40 million Moveyeid Gas Storage Surface Facility Project . . .
 20 March 2020 : BW Offshore secures BW Pioneer FPSO contract on...  {offshore-technology.com}
BW Offshore has secured a contract for the lease and operation of the BW Pioneer, a floating production, storage and offloading vessel . . .
 19 March 2020 : Mexicos Pemex will cut expenses, contracts to cope with falling oil prices  {Reuters}
Mexican state oil company Pemex will cut administrative expenses and contracts this year in response to the collapse of international oil prices . . .
 15 March 2020 : Oil India signs crude sales agreement with Numaligarh Refinery  {Economic Times}
Oil India Ltd, the country second-largest national oil explorer, announced it has signed an agreement with Numaligarh . . .
 14 March 2020 : Oil firm Longboat Energy sees deals flowing from fall in crude  {heraldscotland.com}
Longboat Energy, set up by the former management of Faroe Petroleum to build a North Sea exploration and production business . . .
More news on oil contracts  | ^Jump to the top^  
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9. News on Oil stocks
 1 April 2020 : Dominion Energy completes acquisition of Pivotal LNG  {kallanishenergy.com}
Dominion Energy has announced that it has completed its acquisition of Pivotal LNG from the Southern Company, Kallanish Energy reports . . .
 1 April 2020 : China state fund CNIC eyes stake in India renewable firm  {ca.finance.yahoo.com}
Chinese state-backed investment fund CNIC Corp. is considering buying about a 10% stake in Greenko Group, one of Indias largest renewable energy companies . . .
 1 April 2020 : BPCL sale: Govt extends bid deadline to June 13  {Economic Times}
The government on Tuesday extended the deadline for bidding to buy its entire 52.98 per cent stake in the countrys second-biggest oil refiner . . .
 31 March 2020 : Saudi Aramco plans to sell pipeline stake amid a slump...  {business-standard.com}
Saudi Aramco, the worlds largest oil producer, is weighing the sale of a stake in its pipeline unit to raise money amid a slump in crude prices . . .
 30 March 2020 : Australias FAR fails to secure debt for Senegal project  {Reuters}
Australias FAR Ltd on Monday said it had failed to secure debt to fund its Sangomar project in Senegal, citing adverse market conditions . . .
 29 March 2020 : Rosneft sells Venezuelan assets to Russia after US sanctions ramp up  {malaymail.com}
Russia largest oil producer, Rosneft, said yesterday it had terminated operations in Venezuela and sold the assets linked to its . . .
 28 March 2020 : Finnish utility Fortum takes majority stake in Uniper, pledges...  {cleanenergywire.org}
Finnish state-owned utility Fortum has officially completed its purchase of a majority stake in German utility company Uniper . . .
 27 March 2020 : More than a million of oilfield services jobs at stake  {oedigital.com}
More than a million jobs in the oilfield service industry are expected to be cut in 2020 due to low project volumes brought upon by the Covid-19 epidemic . . .
 27 March 2020 : ConocoPhillips to acquire 80% stake in 3D Oils offshore block  {oedigital.com}
ConocoPhillips Australia is nearing completion of the previously proposed acquisition of majority interest in an the offshore Tasmanian Permit T/49P from 3D Oil . . .
 26 March 2020 : Aramco and Gulf Keystone make spending cuts  {offshore-technology.com}
State-owned oil company Saudi Aramco will cut $25bn-$30bn from its capital expenditure in response to the coronavirus pandemic . . .
More news on oil stocks  | ^Jump to the top^  

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10. News on Oil Pollution
 1 April 2020 : Isle of Wights Vikoma secures £300,000 government-backed...  {onthewight.com}
British pollution control company, Vikoma, headquartered in the Isle of Wight, has secured government-backed guarantees worth over £300,000 . . .
 1 April 2020 : Citgo group owes $143m for Philadelphia oil spill...  {Reuters}
The U.S. Supreme Court on Monday found a Citgo partnership liable for $143 million in cleanup costs from a 2004 oil spill in the Delaware River . . .
 31 March 2020 : Oil spill at Sulphur Point in Tauranga  {sunlive.co.nz}
Bay of Plenty Regional Council oil spill response staff have been working to contain an oil spill at Sulphur Point in Tauranga . . .
 31 March 2020 : Supreme Court rules Citgo responsible for 2004 oil spill  {thehill.com}
In 2004, an oil tanker chartered by Citgo Asphalt Refining Company and others hit an anchor in the Delaware River . . .
 31 March 2020 : Crude oil spill reported in McKenzie County  {kfyrtv.com}
The North Dakota Department of Environmental Quality says the spill has not yet been contained, and the amount of crude spilled has not yet been released . . .
 30 March 2020 : Risk of environmental disaster as safer tanker decays in Yemen  {eurasiareview.com}
Six Arab countries have filed a request to the UN to access the Safer oil tanker filled with 138 million liters of Yemeni oil . . .
 28 March 2020 : Utilities Board allows Dakota Access Pipeline to double...  {businessrecord.com}
The Iowa Utilities Board issued an order today in Docket No. HLP-2014-0001 granting an amendment to Dakota Access LLC for its hazardous liquid pipeline permit . . .
 27 March 2020 : Hess extraction well releases 377 barrels of source water...  {willistonherald.com}
About 377 barrels were released in the spill on March 24 from a groundwater well being run by Hess Corporation. The cause was a damaged gasket . . .
 26 March 2020 : Produced water spill reported in Billings County  {willistonherald.com}
The North Dakota Department of Environmental Quality has been notified of a produced water spill on a well pad in Billings County . . .
 26 March 2020 : Framo adds options to established oil skimmer  {offshore-mag.com}
Framo has introduced a customizable oil skimmer service based on its proven TransRec system, which has served oil spill response operations worldwide . . .
More Oil Pollution news  | ^Jump to the top^  
11. OPEC News
 1 April 2020 : OPEC daily basket price drops to 21.66 USD per barrel  {xinhuanet.com}
The Organization of the Petroleum Exporting Countries daily basket price dropped to 21.66 U.S. dollars a barrel on Monday . . .
 1 April 2020 : OPEC March oil output rises from 2009 low after supply pact collapse  {Reuters}
OPEC oil output rose in March from the lowest in more than a decade last month as Saudi Arabia boosted output following the collapse of an OPEC-led suply pact . . .
 1 April 2020 : World oil output may fall by 10million barrels a day, IHS Says  {energyvoice.com}
Output is projected to fall in every region of the world, with OPEC members, Russia, and the U.S. among the hardest hit . . .
 31 March 2020 : Oil crash compounds coronavirus hit for cash-strapped OPEC...  {finance.yahoo.com}
Collapsing oil prices are costing some OPEC members not only lost revenue when they most need it to tackle the coronavirus crisis . . .
 31 March 2020 : OPEC daily basket price stands at US$24.26 a barrel Friday  {urdupoint.com}
The price of OPEC basket of thirteen crudes stood at US$24.26 a barrel on Friday, compared with US$26.04 the previous day . . .
 29 March 2020 : Russia says OPEC+ deal revival possible if other countries join in  {infosurhoy.com}
A new agreement to stabilize oil markets is possible if more nations support the initiative, according to the head of the . . .
 28 March 2020 : OPEC daily basket price drops to 26.04 USD per barrel  {china.org.cn}
The Organization of the Petroleum Exporting Countries daily basket price dropped to 26.04 U.S. dollars a barrel on Thursday . . .
 28 March 2020 : OPEC nations howl for mercy as Saudi-Russia oil war deepens  {finance.yahoo.com}
With no end in sight to the oil-price war between Saudi Arabia and Russia, their former OPEC+ partners are pleading for mercy as the economic damage worsens . . .
 27 March 2020 : Price of OPEC basket slightly rises to USD26.94  {menafn.com}
OPEC Secretariat calculations showed that the price of the daily basket of OPEC, also known as the Organization of the Petroleum Exporting Countries . . .
 26 March 2020 : OPEC daily basket price stood at $26.53 a barrel Tuesday  {wam.ae}
The price of OPEC basket of thirteen crudes stood at us$26.53 a barrel on Tuesday, 24th March 2020, compared with $24.72 the previous day . . .
More OPEC News  | ^Jump to the top^  
12. General Oil News
 1 April 2020 : VeChain completes blockchain LNG gas management trial in China  {ledgerinsights.com}
Yesterday, the Shanghai Gas Group completed the trial of a liquefied natural gas blockchain project for data sharing, reported Shanghai Daily . . .
 31 March 2020 : IMF urges Kuwait to reduce oil dependence, boost savings  {Economic Times}
Kuwait needs to urgently reduce its dependence on oil revenues and boost savings, despite its vast financial buffers and low levels of debt . . .
 31 March 2020 : Shell exits US Lake Charles LNG project on difficult market conditions  {spglobal.com}
Shell said Monday it that will not move ahead with its planned equity interested in the Lake Charles LNG project in Louisiana . . .
 31 March 2020 : In Sharjah, a 40-mn-dollar gas storage facility  {ansamed.info}
The Sharjah National Oil Corporation has awarded a 40-million-dollar project to build a gas storage facility at the Moveyid field, said Gulf News . . .
 31 March 2020 : Oil industry spending to drop by $100 billion this year  {oilprice.com}
Global capital expenditure for exploration and production firms is expected to drop by up to $100 billion this year, about 17% versus 2019 levels . . .
 30 March 2020 : The global oil market is broken, drowning in crude...  {thehindubusinessline.com}
The global oil market is broken, overwhelmed by an unmanageable surplus as virus lockdowns cascade through the worlds largest economies . . .
 29 March 2020 : Projected 2020 oil revenue for Guyana slashed following global...  {stabroeknews.com}
. . .
 29 March 2020 : Nigeria struggles to sell oil despite price cut  {punchng.com}
. . .
 29 March 2020 : No fuel crisis in India; enough stock to last lockdown  {businesstoday.in}
India, the world third-largest energy consumer, has enough petrol, diesel and cooking gas in stocks to last way . . .
 28 March 2020 : Russia sees oil market balance in 2021  {oilprice.com}
The global oil market could return to balance in at least one year, all things being equal as-is, Russian Deputy Energy Minister Pavel Sorokin said . . .
More General Oil News  | ^Jump to the top^  
13. News on Biofuels
 1 April 2020 : Siouxland Ethanol says it will suspend production in April  {siouxlandproud.com}
Siouxland Ethanol announced recently they will be suspending production come April a hard decision to make, but with the lack of demand . . .
 1 April 2020 : Gevo to push forward with project funding amid COVID-19 layoffs  {ethanolproducer.com}
Gevo Inc. announced today that due to the impact the COVID-19 virus has had on the economy and Gevos industry . . .
 1 April 2020 : Feature: Consumption collapse triggers new market dynamic...  {spglobal.com}
The two largest fuel distributors in Brazil declared have force majeure to lower their monthly ethanol purchases amid a scenario of hampered fuel demand . . .
 1 April 2020 : China New Energy optimistic on ethanol policies  {renewablesnow.com}
China New Energy Ltd, a technology provider to ethanol manufacturers, last week posted a 29.3% year-on-year increase in net profit for 2019 . . .
 1 April 2020 : Chicago Argo ethanol sets record low  {spglobal.com}
S&P Global Platts benchmark Chicago Argo ethanol assessment touched another record low Monday, the fifth time in three weeks it has reached a new bottom . . .
 1 April 2020 : EPA: 36.77 cellulosic RINs generated in February  {ethanolproducer.com}
The U.S. EPA recently released renewable identification number generation data for February, reporting that nearly 1.54 billion RINs were generated . . .
 1 April 2020 : USDA projects 8% increase in US corn acreage for 2020  {ethanolproducer.com}
The USDA expects U.S. farmers to plant 97 million acres of corn in 2020, up 8 percent or 7.29 million acres from 2019 . . .
 31 March 2020 : Brazils ethanol production takes a hit as global virus impact...  {biofuels-news.com}
Concerns are growing as to whether Brazil will be able to maintain its recent growth pace for ethanol production as demand for biofuels reduces . . .
 31 March 2020 : Corn use for fuel ethanol reaches 469 million bushels...  {ethanolproducer.com}
The USDA recently released its Grain Crushings and Co-Products Production report for March, reporting that corn use for fuel ethanol production for January . . .
 31 March 2020 : COVID-19 reduces demand for fuel, ethanol...  {ethanolproducer.com}
Economists at the University of Illinois on March 26 published an analysis illustrating how COVID-19 is reducing demand for transportation fuels . . .
More Biofuels News  | ^Jump to the top^  
Oil & Gas conferences in the next 60 days
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 Colombia Energy Summit :    From 21st April to 22nd April 2020 at Bogota. Map
 SPE/IADC Managed Pressure Drilling & Underbalanced Operations Conference & Exhibition :    From 21st April to 22nd April 2020 at Denver. Map
 Argus Panama Bunker Fuels Conference :    From 22nd April to 24th April 2020 at Panama City. Map
 7th Annual Asian Refining Summit :    From 4th May to 5th May 2020 at Singapore. Map
 9th Annual Asian Petrochemicals Markets Conference :    From 5th May to 6th May 2020 at Singapore. Map
 Floating LNG Global :    From 11th May to 12th May 2020 at Amsterdam. Map
 11th Biomass Pellets Trade & Power :    From 11th May to 14th May 2020 at Tokyo. Map
 Oil & Gas Uzbekistan Exhibition and Conference :    From 13th May to 15th May 2020 at Tashkent. Map
 Biomass Trade Summit Europe 2020 :    From 13th May to 14th May 2020 at Amsterdam . Map
 Offshore Upstream Development in Russia and CIS :    From 15th May to 15th May 2020 at Moscow. Map
 2nd Offshore Wind Power Japan :    From 18th May to 20th May 2020 at Tokyo. Map
 Future Oil & Gas North Sea :    From 20th May to 21st May 2020 at  Aberdeen. Map
 Upstream Digital Transformation Conference Europe 2020 (UDT EU 2020) :    From 27th May to 28th May 2020 at London. Map
 Baltic LNG & Gas Forum :    From 27th May to 28th May 2020 at Klaipeda. Map
See all events | ^Jump to the top^
Oil & Gas trainings in the next 60 days
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 Certificate in Chartering :   From 2nd April to 25th June 2020  at  Online learning. Map
 TÜV Rheinland Functional Safety Engineer Safety Instrumented Systems (SIS) :   From 6th April to 9th April 2020  at  Kuala Lumpur. Map
 Certificate in FPSOs :   From 8th April to 1st July 2020  at  Online learning. Map
 Introduction to Petroleum Geology :   From 8th April to 10th April 2020  at  Kuala Lumpur. Map
 Loading Master for Oil, LNG Gas and Petrochemical Terminals :   From 12th April to 16th April 2020  at  Dubai. Map
 Direct Fired Heaters: Their Design & Operations :   From 13th April to 15th April 2020  at  Kuala Lumpur. Map
 Loading Master Certificate :   From 15th April to 17th April 2020  at  Kuala Lumpur. Map
 Integrating Asset Integrity into Operational and Strategic Management :   From 15th April to 17th April 2020  at  Singapore. Map
 Loading Master Certification for Oil, Gas and Petrochemicals :   From 15th April to 17th April 2020  at  Kuala Lumpur. Map
 Mini MBA: Oil & Gas and Energy Management :   From 20th April to 24th April 2020  at  Bogota. Map
 Advanced Practical Centrifugal Pump :   From 20th April to 24th April 2020  at   Kuala Lumpur. Map
 ASME PCC-2 (Repair of Pressure Equipment) :   From 20th April to 22nd April 2020  at  Kuala Lumpur. Map
 BunkerExperience 2020 Rotterdam :   From 20th April to 23rd April 2020  at  Vlaardingen . Map
 Integrated Petrophysics for Reservoir Characterisation :   From 20th April to 22nd April 2020  at  Kuala Lumpur. Map
 Advanced Tanker Management – Operations, Loss Prevention & Claims :   From 27th April to 28th April 2020  at  Singapore. Map
 Shipbroking and Chartering :   From 12th May to 13th May 2020  at  Online learning. Map
 ISO 55000 - Asset Management International Standard :   From 13th May to 15th May 2020  at  Bangkok. Map
 Best Practises in Heavy Transport and Lifting, Emphasizing Safety :   From 13th May to 15th May 2020  at  Jakarta. Map
 Dry Cargo Laytime & Demurrage :   From 14th May to 15th May 2020  at  Singapore. Map
 Applied Reliability - Centered Maintenance :   From 18th May to 20th May 2020  at  Bangkok. Map
 Best Practises in Heavy Transport and Lifting, Emphasizing Safety – Kuala Lumpur :   From 18th May to 20th May 2020  at  Kuala Lumpur. Map
 Process Safety and Major Hazards Management :   From 18th May to 20th May 2020  at  Singapore. Map
 LNG Markets, Pricing, Trading & Risk Management :   From 20th May to 22nd May 2020  at  Singapore. Map
See all training events | ^Jump to the top^
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