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Home2023November

Month: November 2023

scope
Climate Crisis

More harm than good: scope 3 emissions disclosures risk being too broad

November 7, 2023 Mariel Alumit

The other evening, I was a panellist at an event bringing together energy companies, investors, bankers and other interested parties, to discuss the ways in which companies and investors communicate on issues relating to the […]

Sinopec
M & A

Sinopec’s colossal LNG tank bolsters winter gas supply – 541M gallons

November 7, 2023 Mariel Alumit

China Petroleum & Chemical Corporation (Sinopec) achieved a significant milestone on November 2, 2023, as they officially put into service the world’s largest LNG storage tank at their Qingdao LNG Receiving Terminal. With a staggering storage […]

UK
Finance

UK probably in recession – Bloomberg

November 7, 2023 Mariel Alumit

7 Nov, 2023 09:52 HomeBusiness News The country’s GDP data for Q3 is due later this week, but analysts suggest all signs point to a contraction The UK is likely already in a recession due […]

Finance

The Eurozone Disaster – Between Stagnation and Stagflation

November 7, 2023 Mariel Alumit

Authored by Daniel Lacalle, The Eurozone economy is more than weak. It is in deep contraction, and the data is staggering. The Eurozone Manufacturing purchasing managers’ index (PMI), compiled by S&P Global, fell to a […]

LNG
Big Oil Companies

LNG Trading Made The Difference For Oil Supermajors In Q3

November 7, 2023 Mariel Alumit

By Tsvetana Paraskova of OilPrice.com, The European oil and gas majors, which are also the world’s top LNG traders, reported a mixed bag of third-quarter results, with some beating or meeting estimates and others missing […]

Saudi Arabia
Crude Oil News

Oil up as Saudi Arabia and Russia stick to supply cuts

November 7, 2023 Mariel Alumit

Yahoo Finance (Bloomberg) — Oil gained after Saudi Arabia and Russia reaffirmed they will stick with oil supply curbs of more than 1 million barrels a day through the end of the year. West Texas Intermediate […]

Venezuela
Crude Oil News

Venezuela in talks with oilfield services firms to revive oil production

November 7, 2023 Mariel Alumit

Oil Price After the sanctions relief from the U.S. last month, Venezuela is in contact with domestic and international oilfield services providers to help it ramp up crude oil production, Reuters reported on Monday, citing sources close […]

oil
Energy Tech

How the U.S. is pumping more oil with fewer rigs

November 7, 2023 Mariel Alumit

Oil Price Despite the falling and flatlining rig count, U.S. crude oil production managed to hit a monthly record-high in August 2023, boosted by productivity gains and more efficient operations. U.S. exploration and production companies are […]

Energy Workforce and Technology Council
Energy Crisis

Energy Workforce and Technology Council: Interior’s abuse of Endangered Species Act will curtail U.S. energy production

November 7, 2023 Mariel Alumit

World Oil (WO) – The Energy Workforce and Technology Council issued a statement applauding the passage of H.R. 4821, the Department of the Interior, Environment, and Related Agencies Appropriations Act for Fiscal Year 2024. This […]

APEC
Geopolitical

US invites Russia to APEC

November 7, 2023 Mariel Alumit

The State Department said it would be “surprised” if Vladimir Putin were to personally attend the summit in San Francisco The US has sent invitations to the other 20 members of the Asia-Pacific Economic Cooperation […]

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