All articles by Jessica Paige

Coronavirus company news summary – US crude stockpiles decline – Oil and gas deals peak during Q4

8 January The crude oil stockpiles in US registered a steep fall last week while fuel inventories surged as 2020…
Coronavirus company news summary – Traders expedite crude oil sales – India’s ethanol imports plunge 64%

7 January Saudi Arabia vowed to reduce oil production by an additional one million bpd in the months of February…
Coronavirus company news summary – IOC runs at full capacity in November – Qatar oil revenue to slump by 27.6%

11 December India’s state-owned oil refiner India Oil Corporation’s production levels reached 100% capacity in November for the first time…
Coronavirus company news summary – Brazil’s crude processing rises 17% – W&T Offshore raises Q4 output guidance

10 December US-based petroleum company PBF Energy shut down operations of the cat cracker and alkylation units at its Paulsboro…
Coronavirus company news summary – Covid-19 affects jobs in US oilfield industry – Oil and gas sector comes to a standstill

9 December More than 90,000 workers in the US oilfield services industry lost their jobs as pandemic induced oil demand…

Coronavirus company news summary – FID on Marigold oil field postponed – Covid-19 slumps oil futures prices

8 December Malaysian oil and gas producer Hibiscus has deferred the final investment decision (FID) on its Marigold oil field…
Coronavirus company news summary – Chevron’s Tengiz project progresses – UAE to spend $122bn on oil output expansion

7 December Chevron is continuing with its multi-billion-dollar expansion programme at Tengiz oilfield in Kazakhstan despite rise in coronavirus cases…
Coronavirus company news summary – ConocoPhillips to lay off 500 jobs – Dorado oil field FID plans deferred to 2022

3 December US oil producer ConocoPhillips is planning to retrench around 500 employees at its headquarters in Houston, to ensure…
Coronavirus company news summary – Norway to lift oil output curbs in January – India registers rise in diesel sale

2 December Norway’s curbs on oil production imposed in June will end on December 31. The output restrictions were imposed…
Coronavirus company news summary – Gazprom Q3 net loss crosses $3bn – Velesto Energy Q3 revenue plunges

1 December Russian gas producer Gazprom posted a net loss of $3.3bn in the September quarter owing to weak rouble,…