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Pacific National Capital 's Daily Oil & Gas News

Oil Steady as Asian States Seek to Offset Virus Impact
China and others in Asia promised economic stimulus to offset the impact of the coronavirus, buoying the outlook for fuel demand.

LNG Market Catches a Chill as Gas Prices Drop
Optimism about the LNG industry's prospects has crashed into economics.

US Set on Thwarting $6B Russia-Germany Gas Pipeline
President Donald Trump's top energy official said he's confident that Russia won't be able to complete the Nord Stream 2.

HitecVision Establishes Moreld
HitecVision has announced the establishment of Moreld, a new industrial group based on 20 of the companies in its portfolio which concentrate on the oil and gas industry.

Short-Sellers Give Oil a Break
Short-sellers are giving oil a reprieve after the global coronavirus scare led them to double bearish wagers in just two weeks.

Most Valuable Soft Skills for Oil Pros in 2020
Rigzone takes a look at the most valuable soft skills for oil pros in 2020.

Eni Makes Oil Discovery Offshore Mexico
Eni revealed Monday that it has made a new oil discovery on the Saasken exploration prospect offshore Mexico.

Fading Hope for Emergency OPEC Meeting Caps Oil Rally
Oil was steady after the biggest weekly gain since September as hopes for an OPEC+ emergency meeting on the virus faded.

Transocean Ups Backlog by $366MM
Transocean reported that it has added 10 contracts since last October.

Oil Posts Weekly Gain
Investor confidence was lifted after China reassured the international community that a huge spike in new coronavirus cases was a one-off event.





















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