Goldman Sachs expects non-OPEC+ production growth to slow with decline in Brent prices
Goldman Sachs on Monday said it expects non-OPEC+ output growth to slow by about 0.3 million barrels per day (mb/d) over a 12 ...
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Taxpayers to foot part of Shell’s bill for dismantling toxic North Sea oil rigs
The Brent oil field was discovered in 1971 off the northeast coast of Scotland, between the Shetland Islands and Norway.
Mint3d
Oil logs third weekly gain after US tariffs put pressure on Venezuelan crude; Brent, WTI gain 6-7% in March
Brent crude futures fell 40 cents, or 0.5 per cent, to settle at $73.63 a barrel. US West Texas Intermediate crude futures (WTI) fell 56 cents, or 0.8 per cent, to close at $69.36 a barrel.
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Shell restarts oil production at Penguins field with new FPSO unit
Transformation of the oilfield The oilfield’s export route will be significantly transformed, Reuters quoted Shell in a report. Previously, the oil was exported through the Brent Charlie platform.
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Crude oil logs biggest weekly gain since January on US sanctions, OPEC+ group cuts: Brent gains over 2% in five days
International crude oil prices settled higher in the previous session, logging a second consecutive and the biggest weekly gain since early January after fresh US sanctions on Iran and the latest ...