Chevron has entered an agreement with Noble Midstream Partners LP to acquire all of the 33.925 million non-owned shares in an all-stock deal.

Saudi Arabia and Russia are once again on contrary before crucial OPEC+ meeting about the oil market, according to Bloomberg.

The Suez Canal Authority (SCA) has succeeded in attracting the largest amount of the LNG tankers between the US and Far East at January 2021 compared with the competing routes and channels, according to the ARGUS International company’s report.

The American Occidental Petroleum Company stated that its Oxy Low Carbon ventures subsidiary has supplied a cargo of 2 million barrels of carbon-neutral oil to Reliance Industries Company of India.

Lightsource BP company announced it has successfully completed the financing package of $380 million for Elm Branch and Briar Creek solar projects in Texas.

A pipe- laying vessel starts its operation in Danish Water before the resumption of construction of the Nord Stream 2 pipeline.

Data obtained from industry sources showed that Indian oil imports from Africa and US, in November, has risen but dropped from Middle East and Latin America.

US energy firms have added oil and gas rigs for a third week in a row following oil price increases, something that has not been seen since October 2018.

US oil output is predicted to fall in October by 68,000 barrels per day (bbl/d) after output is set to decrease from seven major shale formations.

US oil production showed signs of recovery after June saw an increase of 4.1%, however, production levels have not fully recovered from the dramatic plunge in May.