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Daily (21.08.2019): NBP Sep19 price jumped by almost 5% due to an outage at the Culzean gas field

Crude oil prices were rather steady on Tuesday. Brent crude inched up by 0.5% to $60.03 as tensions between U.S. and China eased. However, WTI futures dropped by 0.1% to 56.13 amidst continued concerns over global demand.

read more... 21/08/2019

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Daily (20.08.2019): Brent crude surged by around 2% on Monday on worries about global oil supplies

Crude oil prices rose on Monday after Yemen’s Houthi forces used a drone to attack an oilfield in eastern Saudi Arabia on Saturday, threatening global oil supplies. Brent crude added $1.1, or 1.9% to settle at $59.74 a barrel. WTI futures gained $1.34, or 2.4% to end at $56.21 a barrel.

read more... 20/08/2019

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Equinor completes acquisition with Shell in the US Gulf of Mexico

The Bureau of Ocean Energy Management has approved Equinor and Shell’s transaction announced in May 2019, whereby Equinor exercised its preferential right to acquire 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for a total consideration of $965 million in cash.

read more... 20/08/2019

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Lundin makes small oil discovery at Goddo prospect in North Sea

The discovery was made at the wildcat well 16/5-8 S, in the production license 815, about 14 kilometers south of the Edvard Grieg field in the central part of the Norwegian sector of the North Sea.

read more... 19/08/2019

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Equinor Starts Up Major $7.7B Oil Field In UK North Sea

Norwegian energy giant Equinor announced on Thursday first oil from the Mariner oil field in the UK North Sea whose start-up has been delayed twice over the last year due to technical issues.

read more... 16/08/2019

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