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May 5, 2020No Deal on Texas Oil Production Cuts
The regulating agency voted against production cuts, but eased rules on crude oil storage.
April 21, 2020Texas Delays Vote on Production Cuts to May 5
Texas hesitant to push forward on production cuts without coordinated effort and legal clarifications.
April 15, 2020In Contentious Debate, Texas Oil Considers Mandated Cuts
The regulatory agency held a meeting Tuesday to discuss joining OPEC+ in regulated cuts.
April 13, 2020OPEC+ Slashes Production, Saves Oil Industry from Collapse
Up to 20 million barrels of oil per day could come off the market in combined efforts.
April 11, 2020G20 backs OPEC+, But Deal in Jeopardy as Mexico Refuses Cuts
Mexico is the lone holdout in a global deal to save the oil and gas industry. US set to see production decline.
April 9, 2020OPEC+ At Brink of Ending Oil Price War, Awaits G20 Meeting for OPEC++ Deal
The OPEC+ group will cut 10 million barrels of oil per day, but Mexico is yet to come on board. A G20 meeting will determine if other producers are willing to reduce output.
April 7, 2020G20 Oil Ministers to Meet on Friday
The G20 meeting seeks to find a way to safeguard oil prices from turmoil.
March 23, 2020Market Report: Panoro Energy announces cuts in planned Capex offshore Gabon
The cuts will be implemented by 40% following the recent oil price collapse.
March 16, 2020Market Report: BW reaches first oil from the DTM-4H Gamba well
Implementing Tortue Phase 2 development project offshore Gabon.
March 4, 2020An Insight on the Coronavirus’ Impact on the Oil Market
NJ Ayuk, CEO of Centurion, spoke to German international broadcaster, Deutsche Welle about the impact of the Coronavirus on international oil markets.