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Equinor Sees Brazil’s Peregrino Oil Field Restarting in 1H
The heavy oil field in the Campos basin was shut in April 2020 due to a rupture of a riser at the Peregrino A platform during a test.
Uganda, Tanzania, Oil Firms Sign Accords to Build $3.5 Billion Pipeline
Uganda, a landlocked east African nation, needs the pipeline to transport the crude to international markets.
Report Shows Great Plains, Rockies Oil, Gas Drilling Ticks Higher
Energy firms surveyed by the Kansas City Fed said crude oil prices would need to average around $53 per barrel for drilling to be profitable.