New Covid19 strain hits oil; Brent remains at $50
Oil prices have been hit by the new covid19 strain as investors worry about a slower recovery than expected. In the meantime, more countries close...
Category : Upstream
Upstream is our category in which you can find news about oil exploration, production, and extraction; also companies’ participation in oil leases or biddings can be found in here.
Our upstream category aims to provide for our reader with straight to the point articles and the latest news regarding strictly oil activities. As it is crucial for this segment of the sector, oil prices news can also be hosted in here.
Our latest pieces include the sustained rally of oil prices; the OPEC production cuts; analysis about the market; also discoveries of new oilfields or the latest rig count additions.
This category will give you deeper knowledge about the first segment of the energy industry, that in which exploration and production take place; the one that once supported almost all of the energy industry.
Who is who in Biden’s climate and energy team?
President elect, Joe Biden, announced his climate an energy team on Saturday, remarking its diversity and ensuring a fast and robust action on climate change,...
Alberta gives grants to Canada’s big oil companies for new COVID-19 contractors
The Alberta government announced Thursday it would give federal grants to some of Canada’s biggest oil and gas companies. The administration seeks those companies to...
‘Communicaction,’ key element for energy capital projects’ success
An accurate and effective communication, which enables the receiver of the message to act, is a key element for any capital projects’ success and prosperity,...
Exxon may invest $240 million in Louisiana refinery
Exxon Mobil is considering an investment of $240 million on Baton Rouge Refinery in Louisiana, the state governor Bel Edwards said. Baton Rouge Refinery is...
BlackRock makes climate change central to its 2021 investment strategy
BlackRock, the world’s largest asset manager, announced updates to its investment strategy for 2021. Among the implemented changes, BlackRock said it expects companies to disclose...