Daily Standup Top Stories Germany needs Nord Stream 2 – MP October 22, 2023 Allen Santos Resuming energy flows from Russia will help stave off deindustrialization, Steffen Kotre says Germany needs to bring the surviving branch […]
Turnover between Moscow and Beijing could surpass $200 billion by the end of the year, Igor Sechin has suggested Moscow is on course to become Beijing’s largest foreign trade partner, after the US, Rosneft CEO […]
World Oil (Bloomberg) – Devon Energy Corp., an Oklahoma City-based oil and gas company, is studying major acquisition targets as it seeks to gain scale in U.S. shale, according to people familiar with the matter. […]
Oil Price Mergers in the U.S. shale patch have continued through the course of 2023 as companies jockey for assets that will fill in gaps in their acreage base. Two key basins have been the […]
World Oil (Bloomberg) – War in the Middle East could cause the oil price to surge to $140 a bbl and bring the world to the brink of a recession, according to Ana Boata, head […]
World Oil (Bloomberg) – Senator Joe Manchin condemned the Biden administration’s decision to lift sanctions against Venezuela’s oil and gas sector, arguing the U.S. should instead turn to domestic crude production to fill any shortfall. Source: World […]
Nasdaq The U.S. Department of Energy said on Thursday it hopes to buy six million barrels of crude oil for delivery to the Strategic Petroleum Reserve in December and January, as it continues its plan […]
Nasdaq HOUSTON – Venezuelan state-run oil company PDVSA has begun contacting customers with crude supply contracts amid the temporary lifting of U.S. sanctions, two people familiar to the matter said on Thursday, moving to resume cash […]
Oil Price Around $7 trillion in global investments in natural gas supply are necessary to ensure enough gas and avoid supply crunches through 2050, according to the Institute of Energy Economics, Japan (IEEJ). Source: Oil […]
From wellhead to export terminal, Texas’ oil and gas industry is buzzing to new heights, continuing its resurgence after the COVID-19 pandemic’s economic ebb. Last month, Texas set a new barrel-per-day (mb/d) production record of […]
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