Sunday, June 8, 2025
Suncor - oilandgas360

Suncor said to study sale of North Sea oil and gas fields

Bloomberg Canada’s Suncor Energy Inc. is exploring the sale of a handful of oil and gas fields in the North Sea, according to people with knowledge of the matter. Suncor is studying divesting the 30,000-barrel-a-day Golden Eagle Area on the U.K. side of the sea, the people said. Its 26.69 per cent stake could be valued at about US$400 million,

Analysis: Biden presidency could cut slow path to resumed Iran, Venezuela oil exports- oil and gas 360

Analysis: Biden presidency could cut slow path to resumed Iran, Venezuela oil exports

Reuters WASHINGTON/MEXICO CITY/LONDON – Democratic U.S. presidential hopeful Joe Biden’s promised return to diplomacy with OPEC-members Iran and Venezuela could cut a path for a return of their oil exports should he win, but not before many months at least of verifications, talks and deal-making. The timing of a potential resumption of shipments is crucial to world oil markets: U.S.