Crude oil prices ticked higher today after the U.S. Energy Information Administration reported an inventory decline of 3.7 million barrels for the week to July 19. This compared with an inventory draw of 4.9 million barrels estimated by the […]
Daily Standup Top Stories Kamala Harris: ‘No question’ I Would Ban Fracking July 23, 2024 Mariel Alumit The reality is that Kamala Harris has made her position on fracking perfectly clear. Source: Realclearenergy.org Take the Survey […]
The reality is that Kamala Harris has made her position on fracking perfectly clear. Source: Realclearenergy.org Take the Survey at https://survey.energynewsbeat.com/ 1031 Exchange E-Book Crude Oil, LNG, Jet Fuel price quote ENB Top News ENB […]
Oil prices have been in decline this week despite rising geopolitical risks, with markets seeming to be focused primarily on Joe Biden’s decision to drop out of the presidential race. – The Asian oil market […]
The discount of WTI Crude to the international benchmark Brent Crude has dropped from nearly $20 per barrel in the early 2010s to below $3 a barrel today. Increased domestic offtake capacity and better pipeline […]
THE outlook for Nigeria’s oil output, including condensate, remains gloomy at 1.4 million barrels per day, mbpd, in the second half of 2024, according to industry data and forecast. The output forecast is far below the 1.8mbpd […]
Capturing and using gas lost in global flaring, venting and leaking could be a $48 billion revenue opportunity, according to a new report from independent satellite monitoring and research company Capterio. Building on the recent World Bank findings […]
Wyoming has narrowed its definitions for who can bid on state oil and gas lease parcels, disqualifying parties that intend to conserve the land rather than produce the mineral resources. The change, made under emergency […]
(WO) – Reuters has reported that ExxonMobil is planning a potential 30-well drilling campaign for its seventh oil and gas project offshore Guyana, named Hammerhead. Hammerhead aims to start production in 2029, boosting Guyana’s oil […]
Regulators have warned UK oil and gas operators to speed up decommissioning activities in the North Sea. The North Sea Transition Authority (NSTA) has called on the companies to clean up their oil and gas […]
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