Oil prices plunge on failure of OPEC/non-OPEC talks

zbynek burival GrmwVnVSSdU unsplashOil prices have plunged following the collapse of the OPEC/non-OPEC talks on production cuts and Saudi Arabia’s subsequent announcement that it will increase production from next month

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OPEC Conference recommends production cuts

OPEC conferenceThe OPEC Conference has recommended an extension of the adjustment levels agreed at the last OPEC and non-OPEC ministerial meeting and a further reduction of 1.5 mn bpd until 30 June

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Turbo-charged growth for Deep Casing Tools

Deep Casing Tools WorkshopLeading oil and gas technology development company Deep Casing Tools (DCT) has increased turnover by 120 per cent in 2019 after strategic growth plans saw the company expand its headcount and footprint in major international regions

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ExxonMobil proposes methane regulations framework for oil and gas industry

sunset 2165885 640Oil and gas company ExxonMobil has released a model framework for industry-wide methane regulations

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Coronavirus to hit US$30bn E&P investments: Rystad Energy

17451667590 9ac97ea3ff cGlobal exploration and production (E&P) investments may take a hit this year because of the coronavirus, according to analyst Rystad Energy

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