Daily Oil & Gas and Wall Street Journal News
3/30/20 Covid-19 Delays Cambo Project Posted on Monday March 30, 2020
Siccar Point and its joint venture partner, Shell UK, have announced the deferral of the planned sanction date for the Cambo project to 2021.
Giant Oil Field Boost Is Bad for Market Posted on Monday March 30, 2020
A torrent of oil from the giant Johan Sverdrup field may not be what the market needs right now.
US Energy Dominance Under Threat Posted on Monday March 30, 2020
The United States' energy dominance is now under direct threat, according to six U.S. senators.
Oil Down as Broken Market Drowns in Crude Posted on Monday March 30, 2020
Oil slumped to a 17-year low as coronavirus lockdowns cascaded through the world's largest economies.
Oil Drops Fifth Straight Week Posted on Friday March 27, 2020
Oil dipped amid a one-two punch from collapsing demand due to the coronavirus crisis and ballooning supply.
Action-Packed Week Wraps Up for Oil Market Posted on Friday March 27, 2020
Rigzone panelists weigh in on oil market hits and misses for the week ending March 27, 2020.
Oil Industry Experts Say Shale Will Rise Again Posted on Friday March 27, 2020
The comeback trail would be steep and long.
Coronavirus Delays Maintenance Across Oil, Gas Industries Posted on Friday March 27, 2020
The coronavirus pandemic is delaying vital maintenance across the oil and natural gas industries in Europe and North America.
Saudis Hold Firm, No Talks With Russia on Oil Output Cut Posted on Friday March 27, 2020
The comments from the Saudi Energy Ministry dispelled speculation that Riyadh and Moscow may be seeking diplomatic talks.
Oil Braces for Biggest Idling of Wells Since 1986 Posted on Friday March 27, 2020
Oil prices at the well-head are collapsing under the weight of an unprecedented glut.
Wall Street Journal
WSJ.com: US Business
Trash Industry Prepares for Potential Deluge of Coronavirus Waste As coronavirus spreads across the U.S., the trash industry is girding for a potential rise in infectious waste while grappling with concerns about workers? exposure to the pathogen. Facebook Pledges $100 Million for News Outlets Hit by Coronavirus Outbreak The tech giant is pledging $100 million in grant money and promised ad spending to help struggling news outlets weather the financial blow of the coronavirus outbreak. Apple Supplier Foxconn's Profit Drops in the Fourth Quarter Foxconn?s net profit fell 23.7% in the fourth quarter before the coronavirus pandemic struck the world?s biggest contract electronics assembler and its largest customer, Apple. Coronavirus, Cash Crunch Send Shock Wave Through China's EV Startups China?s army of electric-vehicle startups were once positioned to put China at the head of the global EV revolution, but the coronavirus and struggles before the pandemic threaten ruin for dozens of them. America's Make-or-Break Week Rent, utilities, credit card payments, payroll: The bills are now coming due for big companies, small businesses and millions of laid-off workers. How Americans navigate the next few days will shape how the coronavirus pandemic impacts the economy. A Global Conundrum: How to Pause the Economy and Avoid Ruin Never before have governments tried to put swaths of national economies in an induced coma and awaken them gradually. If it works, it will be a testament to the flexibility of modern capitalism. More likely, much will go wrong. Hidden Chinese Lending Puts Emerging-Market Economies at Risk China has lent roughly $200 billion to emerging-markets economies in recent years. Most of that hasn?t shown up in official data, allowing countries to borrow from other investors. Now borrowers are at risk of drowning in debt and investors are facing the reality that China may be ahead of them in collecting.