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Home2024March

Month: March 2024

ENB Podcast

ENB #197 From Basics to Brokerage: Transformative Services in the Energy Sector

March 1, 2024 Stu Turley

I had the opportunity to visit with Kimberly Page and Kim McGinty from Reese Consulting live from the NAPE conference. I had an absolute blast visiting with them about their thoughts on natural gas brokering […]

Oil Markets
Crude Oil News

Oil Markets Await the Next OPEC+ Announcement

March 1, 2024 Mariel Alumit

Oil prices remained stubbornly rangebound in February as signs of a recovering U.S. economy were countered by weaker economic data in both Europe and China. Friday, March 1st 2024 Diverging macroeconomic news, with China and […]

WTI
Big Oil Companies

WTI Soars Past $80 per Barrel as Oil Market Tightens By Julianne Geiger – Mar 01, 2024, 10:00 AM CST

March 1, 2024 Mariel Alumit

The price of a WTI barrel soared to heights not seen since November as the market braces for an OPEC+ decision on oil production levels in April and beyond. WTI was trading at $80.04 per barrel at […]

Shell
Exports

With natural gas in high demand, Shell forecasts global LNG growth will top 50% by 2040

March 1, 2024 Mariel Alumit

As the energy transition gathers speed, the UK-headquartered energy giant Shell has revealed its latest outlook on the global demand for liquefied natural gas (LNG), predicting a rise in demand of more than 50% by […]

Philippines
Crude Oil News

Philippines to extend Chinese oil and gas exploration campaign as geopolitical tensions rise

March 1, 2024 Mariel Alumit

(Bloomberg) – The Philippines is working to explore other parts of the country that are potentially rich in oil and gas, according to an energy official, as talks with Beijing on joint resource development in […]

VAALCO Energy
Big Oil Companies

VAALCO Energy joins ExxonMobil, Chevron offshore West Africa with $66.5 million Svenska Petroleum Exploration acquisition

March 1, 2024 Mariel Alumit

(WO) – VAALCO Energy, Inc. has entered into a sales and purchase agreement (“SPA”) to acquire Svenska Petroleum Exploration AB (“Svenska”), a privately-held exploration and production (“E&P”) company based in Stockholm, Sweden. Svenska’s primary asset […]

Exxon
Big Oil Companies

Exxon Plays Hardball With Chevron Over Guyana Oil Riches

March 1, 2024 Mariel Alumit

It’s rare for disputes between any of the world’s supermajor oil companies to spill out in public. It’s even rarer that one could end up costing $53 billion. But the oil riches beneath Guyana’s coastal […]

Oil Projects
Big Oil Companies

Norway Greenlights Startup of Aker BP, ConocoPhillips Oil Projects

March 1, 2024 Mariel Alumit

ConocoPhillips Co. and Aker BP ASA have received consent from Norwegian authorities to start production in two separate oil projects in the North Sea. Expected to go onstream by March, the northern part of the […]

Net-zero
Energy Transition

Net-zero targets have hamstrung British prosperity

March 1, 2024 Mariel Alumit

What really powers industrial growth is cheap energy. That is where Britain, like Europe, is falling down. Britain’s ‘net-zero economy’ is booming, creating more better-paid jobs than any other sector, but it is all being […]

votes
Press

The vanishing point of courting farmers’ votes

March 1, 2024 Stu Turley

In today’s edition Maybe it is too late to look for votes among farmers This is the year of security for electoral campaigns TikTok will be a player in elections, but with which risks? It […]

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