If Israel were to attack Iran’s oil installations, the immediate impact on oil prices would likely be a significant increase, driven by concerns over supply disruptions in a region crucial for global oil production. Here’s […]
The future of the North Sea‘s oil and gas sector depends on establishing a more predictable and stable tax regime, according to new analysis from Wood Mackenzie. After years of sporadic tax changes, the UK […]
Crude oil inventories in the United States fell by 4.339 million barrels for the week ending September 20, according to The American Petroleum Institute (API). Analysts had expected a drop, but a much smaller one […]
Daily Standup Top Stories Trouble Deepens for North Sea Oil and Gas September 24, 2024 Mariel Alumit North Sea oil and gas operators are not just facing the prospect of higher windfall taxes, they are now […]
Goldman Sachs expects Brent crude oil prices to see some upside in the fourth quarter, potentially reaching $77 per barrel. The bank’s outlook is driven by several key factors, including a recent interest rate cut […]
CHEYENNE, Wyo. — In a new release, the Bureau of Land Management announced that it will be leasing a total of 4,641.95 acres of land over eight separate parcels for oil and gas production beginning […]
North Sea oil and gas operators are not just facing the prospect of higher windfall taxes, they are now also finding it more difficult to get loans from UK banks. The windfall profit tax was […]
Oil production in North Dakota fell 18,000 barrels per day (bpd) to 1.168 million bpd in July, monthly data from the state Industrial Commission showed on Monday. Wells permitted jumped to 107 in July and […]
Shell, Chevron, and Norway’s Equinor have all begun evacuating staff from offshore facilities as the threat of a potential Tropical Cyclone System 9 intensifies as it moves toward the Gulf coast, where the brewing storm […]
The total number of active drilling rigs for oil and gas in the United States fell slightly this week, according to new data that Baker Hughes published on Friday. The total rig count fell by […]
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