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Upstream news


Oil falls as market corrects boosted price levels

Oil prices declined today as the market is correcting the exaggerated price levels reached in yesterday’s session. Meanwhile, Covid-19 demand concerns and US supply return.


Premier Oil confirms refinancing discussions with Chrysaor

The company has confirmed that it has been in discussions with a number of third parties, including Chrysaor, regarding alternative forms of transactions to secure the long-term refinancing of the Group’s debt facilities.


Fugro to provide survey services for ONGC

Geo-data results from the engineering surveys will provide ONGC with the seabed and sub-seabed insights they need to develop key offshore infrastructure.