The Maran Lyra, a VLCC, is due in Norway today with what broker Braemar describes as an “unusual” cargo. The ship will discharge Nigerian crude at Mongstad, north of Bergen where Equinor has a refinery. […]
OPEC has stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, citing resilient economic growth and strong rebound in air travel in the summer months. In its latest Monthly Oil […]
Recent data from Kpler reveals a significant decline in crude oil exports from major OPEC+ producers in June, driven largely by weak demand in Asian markets and increased domestic consumption in the Middle East. This […]
Daily Standup Top Stories 1PointFive Signs an Agreement to Sell 500,000 Metric Tons of Carbon Credits to Microsoft July 10, 2024 Mariel Alumit 1PointFive has signed an agreement to supply Microsoft with 500,000 metric tons of […]
HOUSTON, July 10 (Reuters) – Oil prices settled higher on Wednesday after a jump in U.S. refining activity last week drove a larger-than-expected decline in gasoline and crude inventories, but gains were capped due to […]
The Interior Department last Friday blocked 28 million acres of federal land in the state of Alaska from any mining or oil and gas development. Rick Whitbeck, Alaska state director for Power The Future, said the […]
About half the countries in the region are experiencing a rush in oil exploration that threatens the global drive to achieve net zero. But many argue that they have a right to enrich themselves in […]
Co-authored by Ronald Stein and Gregory Wrightstone. History has shown that warming is good and continues to be good for humanity and vegetation, as improvements in crop yields have been essential to feed a growing population. The world […]
Daily Standup Top Stories South Dakota clashes with Minnesota on clean energy, coal plant closures July 8, 2024 Mariel Alumit SIOUX FALLS, S.D. – A political border war between South Dakota and Minnesota on how to […]
July 8 (Reuters) – Oil prices eased about 1% to a one-week low on Monday as Hurricane Beryl shut U.S. refineries and ports along the Gulf of Mexico, and on hopes a possible ceasefire deal […]
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