China National Offshore Oil Corporation Ltd (CNOOC) has finally closed the long-awaited Final Investment Decision (FID) for t...Read More

The government and international oil firms—French Total E&P, and China’s CNOOC on Sunday signed off four key agreementsRead More

An unprecedented meltdown happened yesterday the 20th of April 2020 as oil prices crashed through zero, closing out the day at -$37 per barrel according to oilprice.com. Many factors contribute to price volatility and for this circumstance it was the May West Texas Intermediate (WTI) contract. Today, Tuesday 21st April 2020, the May WTI contract...Read More