Rosneft shifts exports to affiliate, skirting U.S. sanctions on Venezuela
There are already signs that the latest U.S. sanctions thrown at Venezuela are failing.
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Schlumberger opens Saudi Arabia manufacturing center
The center will manufacture well completions technologies including liner hangers and packers and isolation valve technologies, to help improve the efficiency of oil and gas operations in the Kingdom and neighboring countries.
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California Resources Corporation to Participate in March 2020 Investor Conferences
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
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Oil short-selling triples since the start of 2020
Hedge funds are bracing for more trouble in the oil market, even after crude rebounded for a second week on hopes the coronavirus outbreak’s threat to economic growth is waning.
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Saudis stake $110B on Jafurah unconventional gas field
Saudi Arabia plans to invest 412 billion riyals ($110 billion) to develop unconventional natural gas reserves in the eastern Jafurah field, according to the kingdom’s official Saudi Press Agency.
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Oil falls sharply alongside other commodities as uncertainty grows
Renewed fears that the coronavirus will harm global growth rocked commodity markets again on Monday, with oil and metals prices tumbling while gold soared toward $1,700 an ounce amid a flight to haven assets.
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