Oil Sector News

Нефть торгуется разнопланово: WTI – $40,26

Цены на нефть стабильны после скачка накануне.

The court allowed the appeal of LLC Arkona Gas-Energy

The Court of Appeal overturned decision of the first instance court to invalidate special permit for production of hydrocarbons of LLC Arkona Gas-Energy.

Oil prices continue to decline

World oil prices continue to decline due to statistics on COVID-19.

Libyan oil production resumes

Additional production at the fields amounted to about 150 thousand barrels of oil per day.

Brent crude is trading below $42 per barrel again

Brent lost $0.02 in price on Friday.

Total to replace refinery with clean-fuel, plastic plants

Total SE will halt oil refining in the Paris region and spend more than 500 million euros ($582 million) by 2024 replacing its facility with renewable-fuel and bioplastic plants.

Ukrnafta reduced production level in August

Ukrnafta reduced oil and gas production by 2.5% and 8.2%, respectively.

Brent went up to $42.17 per barrel

The price of Brent has fallen by 2.1%, while WTI – by 1.7% since the beginning of this week.

Ukrtransnafta exposed two oil theft schemes

Since the beginning of the year, the division's employees have identified and eliminated 26 tie-ins in oil and condensate pipelines.

Oil prices continue to decline

The market is under pressure from the deteriorating prospects for the global economic recovery.

Brent crude is trading below $42 per barrel

Oil prices continue to decline.

Force majeure regime lifted at fields and ports of Libya

The emergency mode will remain where the presence of any armed formations is confirmed.