Oil prices tumbled on Tuesday morning as speculation continued that the eight leading OPEC+ producers would unwind their voluntary production cuts. – Crude production in Iraq’s semi-autonomous Kurdistan region continues to increase as industry organizations […]
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. The total rig count fell by […]
Daily Standup Top Stories The Harsh Reality of the Global Energy Transition September 2, 2024 Stu Turley The energy transition, which has become a focus of governments around the world, is the global shift from fossil […]
ENB Pub Note: This article is from Jeff Krimmel, LinkedIn. He has been a guest on the podcast with Michael Tanner on the Deal Spotlight, and we recommend following Jeff HERE: https://www.linkedin.com/in/jeffkrimmel/ US drilling rig […]
Saudi Aramco is expected to cut the OSP of its crude oil for Asia in October. The cut is likely due to weaker refining margins in China and the wider Asian region. The decision could […]
In the Energy News Beat – Conversation in Energy with Stuart Turley and Rey Trevino III discuss the current state of the oil and gas industry, emphasizing the ongoing demand for oil, the challenges posed by […]
UK oil and gas major NEO Energy has decided to slow down its investment plans across its portfolio, citing uncertainty over recent government policy changes. The company, which owns 50% of the Buchan Horst development […]
The on-fire Sounion suezmax is expected to be towed from its location off Yemen today. Two tugs, Hercules and Gladiator, have been primed to carry out the delicate operation. The tanker was hit by multiple […]
Russian-linked ships are getting crews to crudely obscure vessel identities, contravening laws established by the International Maritime Organization (IMO). Yörük Işık, who describes himself on social media as an obsessive ship spotter along the Bosporus, […]
Capital investment to fall to £2.3 billion in 2025-2029: OEUK Almost half of additional output would be uneconomic: OEUK The UK’s new tax regime for North Sea oil and gas could lead to an investment […]
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