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Gulf of Mexico oil sector faces pandemic-related risks and h

Gulf of Mexico oil sector faces pandemic-related risks and h

Weak crude oil will make it harder for some Gulf of Mexico operators to fulfill their drilling requirements on leases just as the industry is battling outbreaks of coronavirus offshore and the beginning of hurricane season on June 1. The >>

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  • Shut-in, even new wells may be attractive at s/b WTI: ana

    Shut-in, even new wells may be attractive at s/b WTI: ana

    http://www.chemnet.com
    NYMEX crude futures have risen above the /b level that represents breakeven for many US upstream operators, which could result in some restoration of shut-in wells soon as the economic scourge of the global coronavirus pandemic begins t>>>

  • Iranian gasoline starts to arrive in fuel-starved Venezuela

    Iranian gasoline starts to arrive in fuel-starved Venezuela

    http://www.chemnet.com
    An Iranian tanker carrying gasoline has arrived over the weekend in Venezuelan territorial waters as the country deals with severe fuel shortages and US sanctions. The clean tanker Fortune -- laden with 30,000 mt of gasoline -- was north>>>