Ineos invests £1bn in UK in boost for oil industry Financial TimesIneos, the privately owned energy and chemicals group run by Jim Ratcliffe, Britain's richest man, is to invest £1bn in the UK — half of it to extend the life of the ... Read more …
Stock market turmoil pushes Norway's oil fund to loss Minneapolis Star TribuneVolatility in stock markets last year pushed Norway's sovereign wealth fund, the world's largest of its kind, to report a loss of 485 billion kroner ($56.4 billion) fo …
Technical Problem Halts Trading on Oil and S&P 500 Futures BloombergA technical error at CME Group Inc. prompted a lengthy trading halt at the world's largest exchange operator, preventing the buying and selling of contracts tied ... Read more h …
Torc Oil & Gas Earnings: The Location Of Oil Assets Mattered Seeking AlphaThe company released the Q4 earnings and the 2018 reserves report. Thanks to the location of the oil assets in Saskatchewan, the impact of the depressed ... Read more http …
Blockchain Post-Trade Platform Vakt Partners With Majority of North Sea Oil Market CointelegraphVakt, a post-trade platform for oil, based on blockchain, now sees the participation of dealers covering two-thirds of the North Sea market. Read mor …
EIA's Data For World And Non-OPEC Oil Production Seeking AlphaWorld C+C was up 96000 bpd in November to 84225000 bpd. Non-OPEC was up 280000 bpd in November to 48638000 bpd. The EIA says OPEC C+C was ... Read more https://seekingalpha.com/articl …
Can Big Oil Reinvent Itself? One Giant Will Soon Find Out yahoo.comAs half a dozen pensioner activists hogged the microphones to warn of the dangers of fossil fuels and the merits of renewables, Chief Executive Officer Ben van ... Read more http …
Empty Supertankers Speak Volumes About The Oil Market OilPrice.comA dozen supertankers are traveling tens of thousands of miles without cargo, as shippers turn to the United States to pick up light crude from Texas. Read more https://oilprice.c …
BBC NewsChurch of England threatens oil firm crackdownBBC NewsThe Church of England will sell its shares in oil and gas firms which fail to do enough to tackle climate change. It will pull its investment out of firms not on track to meet the Paris Agreemen …
How Bad Is Iran's Oil Situation?OilPrice.comThe U.S. government has continued its attempts to shut down Iran's oil exports, and in recent days Iranian officials responded by threatening to block the Strait of Hormuz. Such an outcome is highly unlik …