Niger has signed a memorandum of understanding with Chinese state-owned oil giant China National Petroleum Corp (CNPC) worth $400 million linked to the sale of crude oil from its Agadem oilfield, Niger state television RTN […]
Iran launched a barrage of drones at Israel, officials said April 13, in a significant escalation of tensions in the oil and gas rich Middle East, after earlier impounding an Israeli-linked cargo vessel near the […]
Shipping has to contend with new danger zones following Iran’s attack on Israel over the weekend and the hijacking of the 15,000 teu MSC Aries. United Nations secretary-general Antonio Guterres urged warring parties to “step […]
Weekly Daily Standup Top Stories Why gas prices in California ‘have gone ballistic’ April 6, 2024 Stu Turley Gas prices have been on the rise nationwide, but for California drivers, they’ve skyrocketed in a short amount of […]
The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday, falling by 3. U.S. drillers saw […]
Gas and oil companies drilling on public lands in the U.S. will have to pay $150,000 per lease on federally owned lands, an exponential increase of the $10,000 bond amount that’s been in place for […]
(Bloomberg) – The U.S. set aside 23 million acres of Alaska’s North Slope to serve as an emergency oil supply a century ago. Now, President Joe Biden is moving to block oil and gas development […]
Back in late 2022, when “Western democracies” bombastically unveiled theatrical sanctions against Putin, capping the price at which imports of Russian oil were permitted to no higher than $60, we said that this was one […]
Natural gas prices at the Waha hub in the Permian basin in Texas slumped to a negative value of -$2.00 per million British thermal units (MMBtu) this week as the recent rise in oil prices […]
(WO) – Petrobras has discovered an accumulation of oil in ultra-deep waters of the Potiguar Basin, in the Anhangá exploration well on concession POT-M-762_R15. The 1-BRSA-1390-RNS (Anhangá) well is offshore between Ceará and Rio Grande […]
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