Daily Standup Top Stories U.S. produces the energy everyone is looking for: 900 MW at the largest plant in the world April 30, 2024 Mariel Alumit It is a common misconception that renewable energy is hidden in […]
OPEC’s crude oil production fell in April, according to a new Reuters survey, with news of the fall likely to add support to falling oil prices. According to the survey, the results of which were […]
As part of their commitment to compensate for exceeding production quotas, certain OPEC+ members have submitted detailed plans outlining how they intend to implement these compensatory cuts. Both Iraq and Kazakhstan, nations that had surpassed […]
(WO) – ProPetro Holding Corp. has entered into a three-year hydraulic fracturing services agreement to provide electric hydraulic fracturing services to ExxonMobil in the Permian basin. ProPetro will deliver and dedicate FORCE electric-powered hydraulic fracturing […]
(Bloomberg) – If you want to understand why the two largest U.S. oil companies are together spending in excess of $100 billion on acquisitions right now, look no further than the amount of crude they’re […]
Written evidence submitted to the UK parliament by the International Group of P&I Clubs has warned that the oil price cap, introduced 16 months to go in a bid to cut Russian revenues, is not […]
Daily Standup Top Stories Tesla Partners with Baidu for Full Self-Driving Rollout in China April 29, 2024 Mariel Alumit Tesla’s FSD system has been approved for use in China, the world’s largest car market. Tesla has […]
April 29 (Reuters) – Oil prices lost more than $1 a barrel on Monday as Israel ceasefire talks in Cairo tempered fears of a wider Middle East conflict, while U.S. inflation data dimmed the prospect […]
Oil fell as signs of progress toward a cease-fire between Israel and Hamas reduced crude’s geopolitical risk premium. West Texas Intermediate fell 1.5% to settle below $83 a barrel after the New York Times reported […]
North America lost 15 rigs week on week, according to Baker Hughes’ latest rotary rig count, which was published on April 26. The U.S. dropped six rigs and Canada dropped nine rigs week on week, […]
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