oilandgasadvancement.com   Monthly E-newsletter - April 2020
 
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April 20 , 2020 Ι Volume 4 Ι Oil and Gas Advancement news letter
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PRESS RELEASES
Oil and gas companies set to lose $1 trillion in revenues this year
Oil prices have decreased by around 50% since January 2020, with the US market reporting record lows. With countries on lockdown there is significantly less of all activity, and the demand for oil and gas...
Covid-19 creates supply and demand crisis for oil and gas
ATL will be at the forefront of ATC's business activities in Europe and extended ATC's operational reach to cover North and West Africa as well.
Oil prices increase due to less than expected rise in US stockpiles
Oil prices have increased after crude inventories in the US rose by ten million barrels, which is less than expected. According to Reuters, West Texas Intermediate (WTI) futures were trading...
BP confirms commitment to completing sale of its Alaska business
BP confirmed its commitment to completing the sale of its Alaska business to Hilcorp, first announced in August 2019. Subject to regulatory approvals, the parties expect to complete the transaction in June 2020...
Total Acquires Tullow Entire Interests in the Uganda Lake Albert Project
Total and Tullow have entered into an Agreement, through which Total shall acquire Tullow's entire interests in Uganda Lake Albert development project including the East African Crude Oil Pipeline..
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