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‘I don’t think this is a crisis’: Norway says no to drilling in Arctic for oil

Posted on September 18, 2021 by admin

Oil companies have halted drilling in the Arctic for the second time this year after Norwegian oil company Statoil said its exploration plans for the Arctic Ocean were not viable.The company said it would stop drilling by June 2018 in an effort to preserve its rights and interests in the region.Statoil, Norway’s largest oil company, […]

Oil stocks hit a ‘peak’ in 2018 as US finds oil ‘soothing’

Posted on August 11, 2021 by admin

Oil markets are on the rise as US companies look for ways to tap the booming domestic oil market, but the oil giant PetroChina is stepping up its game as the industry’s benchmark in Asia.The global oil benchmark PetroChina’s shares have jumped about 5% this year to a record $2.8 billion, but analysts say the […]

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‘I don’t think this is a crisis’: Norway says no to drilling in Arctic for oil

Oil stocks hit a ‘peak’ in 2018 as US finds oil ‘soothing’

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