Offshore drilling unit of Malaysia’s Velesto Energy has secured a two-year contract extension with Petronas Carigali for three of its jackup drilling rigs. The company said in a filing that, inclusive of its current drilling […]
Daily Standup Top Stories Big Tech’s Latest Obsession Is Finding Enough Energy March 24, 2024 Stu Turley HOUSTON—Every March, thousands of executives take over a downtown hotel here to reach oil and gas deals and haggle […]
NEW YORK, March 22 (Reuters) – Oil prices slipped on Friday and were flat on the week as the possibility of a ceasefire in Gaza weakened crude benchmarks, while the war in Europe and shrinking […]
Daily Standup Top Stories California: We Need *Another* $100 Billion for High-Speed Rail – What is a few billion between friends? ‘March 17, 2024 Stu Turley source: Hot Air: Ed Morrissey: Hey, a hundred billion […]
Chevron’s $53 billion deal ensnared in tussle over oil finds China’s Cnooc files separate arbitration case against Chevron Exxon Mobil Corp. is convinced its interpretation of intent in a Guyanese oil contract signed a decade ago […]
From Russia to Yemen, gas and oil exports have become prime targets. As global conflicts worsen, energy infrastructure and shipments from Europe to the Middle East to Asia are increasingly coming under attack. But the […]
1. As TMX Starts Line Fill, China Takes Centre Stage – Canadian crude will start flowing to China directly (up until now it has only been exported from the US Gulf Coast) as the impending […]
Czech conglomerate ÈEZ Group is acquiring a 55.21 percent stake in GasNet, the Czech Republic’s leading gas distribution infrastructure operator, in a move to transition from coal-powered energy generation to natural gas and hydrogen. CEZ […]
We increased our forecast prices for crude oil and petroleum products for the remainder of 2024 in our March Short-Term Energy Outlook (STEO) following the announcement that OPEC+ will extend the existing voluntary production cuts through the second quarter of 2024. […]
Perenco Oil and Gas Gabon, a subsidiary of the Anglo-French oil and gas player Perenco, has reported a fire incident, which took place at its offshore platform located off the coast of Gabon. Based on initial […]
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