Bento Albuquerque, minister for Mines and Energy of Brazil, announced on No. 7 that Brazil’s oil production would more than double to at least 7 million barrels per day (bpd).

(Rigzone, Monday, November 25, 2019) -- North Drilling’s West Mira harsh-environment ultra-deepwater drilling rig, which Seadrill Limited operates, is the world’s first low-emission hybrid-powered floating rig, Seadrill reported Monday.

(Rigzone, Tuesday, November 26, 2019) -- Kosmos Energy announced Tuesday that it has completed drilling the Resolution exploration well in the U.S. Gulf of Mexico.

(Bloomberg, Tuesday, November 26, 2019) -- Equinor ASA will reduce its focus on the frontier areas of the Barents Sea in another blow to Norway’s ambition to build a new big oil province in its Arctic region.

(Bloomberg, Friday, November 29, 2019) -- Oil is heading for a fourth weekly gain, the longest winning streak since April, before a key OPEC+ meeting next week that will set the path for future production cuts.

(Bloomberg, Thursday, November 21, 2019) -- India launched its biggest privatization drive in more than a decade, offering majority stakes in three state-owned companies in a bid to raise funds to bridge a widening fiscal gap and boost a slowing economy.

(Rigzone, Friday, November 22, 2019) – As the CEO of Houston-based energy infrastructure firm Lineal Star Holdings, Tim Connolly appreciates better than most the robust demand for oil, gas and products' shipping capacity on pipelines throughout the United States.

(Rigzone,Monday, November 18, 2019) -- BP Trinidad & Tobago (BPTT) has announced that it has made a gas discovery through the Ginger exploration well, which is located offshore Trinidad. 

(Bloomberg, Tuesday, November 19, 2019) -- California intensified its battle against fossil fuels by halting new permits for a key production technique following leaks at a Chevron Corp. facility in an area that has pumped crude for more than a century.

(Bloomberg, Friday, November 22, 2019) -- Banks have begun trimming back the credit lines of America’s shale producers, further undercutting a beleaguered industry that’s been struggling to rebuild investor confidence.

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