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Friday 9 May 2025

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News
Equinor's offshore oil rig infection exposes coronavirus dangers

Equinor (EQNR.OL) reported the oil industry’s first coronavirus infection on an offshore installation on Wednesday, highlighting the challenge in preventing contamination for thousands of workers living in the close quarters on rigs and platforms.

  • Date: 11.03.2020  |  Published on EGF: 11.03.2020  |  Energy
OPEC slashes 2020 oil demand view on coronavirus, sees more downside

OPEC slashed on Wednesday its forecast for global growth in oil demand this year due to the coronavirus outbreak and said more revisions might follow, underlining the deepening impact of the virus on the market days after a pact on output cuts collapsed.

  • Date: 11.03.2020  |  Published on EGF: 11.03.2020  |  Energy
Russia opposes Saudi's plan to deepen OPEC+ output cuts: WSJ

Russia has opposed Saudi Arabia's plan to deepen OPEC+ cuts by 1.2 million barrels per day, a Wall Street Journal reporter said in a tweet here on Wednesday, citing sources.

  • Date: 04.03.2020  |  Published on EGF: 04.03.2020
Oil gives up gains even as OPEC works on big output cut

Crude oil prices were mixed, giving up early gains despite expectations that major producers were closing in on an agreement to cut supply aimed at offsetting a slump in demand caused by the coronavirus outbreak.

  • Date: 04.03.2020  |  Published on EGF: 04.03.2020  |  Energy
OPEC struggles to win Russian backing for big oil cut amid coronavirus

Saudi Arabia and other OPEC members struggled on Wednesday to win support from Russia to join them in additional oil output cuts in a bid to prop up prices which have tumbled by a fifth this year because of the coronavirus outbreak.

  • Date: 04.03.2020  |  Published on EGF: 04.03.2020  |  Energy
Novak says Russia evaluating earlier, smaller cut proposal by OPEC and allies

Russia is evaluating an earlier and smaller oil production cut proposal made by OPEC and its allies, energy minister Alexander Novak said, adding it had not received one for deeper cuts.

  • Date: 02.03.2020  |  Published on EGF: 02.03.2020  |  External Relations
Russia, Turkey may have committed war crimes in Syria, U.N. says

Russia killed civilians in air strikes in Syria last year while rebels allied to Turkey carried out murder and pillage in Kurdish areas, U.N. investigators said on Monday - actions it said could amount to war crimes by both Moscow and Ankara.

  • Date: 02.03.2020  |  Published on EGF: 02.03.2020  |  External Relations
UPDATE 1-Kremlin to Turkey: We cannot guarantee safety of your planes over Syria

ussia said it cannot guarantee the safety of Turkish aircraft over Syria, after Turkey shot down two Syrian war planes and struck a military airport, the latest clashes that have brought Moscow and Ankara closer than ever to direct confrontation.

  • Date: 02.03.2020  |  Published on EGF: 02.03.2020  |  External Relations
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