Page 95 - எண்ணெய் மற்றும் வாயு பெட்ரோலியம் செய்தி நிகழ்வுகள் கதைகள் கட்டுரைகள் பகுப்பாய்வு வர்ணனை தலைப்புச் செய்திகள் ஸ்டாக்ஸ் நிதி பொருட்கள் வரைபடங்கள் படங்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
The lack of shipments in February from the Louisiana Offshore Oil Port (LOOP) is a stark contrast from January.
(Bloomberg) Crude exports from Louisiana’s offshore supertanker port tumbled to zero as Asian buyers limited purchases to manage high inventories that threaten to overwhelm storage facilities.
The lack of shipments in February from the Louisiana Offshore Oil Port for the first time in nearly two years is a stark contrast from January when the facility sent out a record of nearly 15 million barrels of domestic crude to buyers in China, South Korea and India, data compiled by Bloomberg show.
A new Deloitte report identifies a foundation for more upstream consolidation this year.
The number of upstream oil and gas merger and acquisition (M&A) deals dropped by approximately 40 percent in 2020 compared to the previous year, and the value of such deals declined by nearly 50 percent during the period, according to a new report from Deloitte.
“2020 has been an unprecedented and tumultuous year for the oil and gas industry, with sustained low oil prices, massive reductions in capex and headcounts as well as record numbers of bankruptcies and debt restructurings,” observed Melinda Yee, Houston-based partner with Deloitte & Touche LLP.
Deloitte found that 138 upstream deals worth $70 billion took place in 2020, compared to 238 deals worth $134 billion in 2019. The United States accounted for 53 percent of the upstream deal count and 73 percent of deal value last year, the study also determined.