U.S. Representative Tom Emmer expects former U.S. President Donald Trump to become “a lot more” friendly toward cryptocurrency if he returns to the White House. Trump has launched three non-fungible token (NFT) collections since leaving […]
(Bloomberg) – Norway awarded 62 licenses for exploration acreage in the seas off its coast as Europe’s biggest supplier of natural gas strives to maintain production. Licenses were offered to 24 different companies, with 16 […]
BP Plc appointed Murray Auchincloss as its permanent chief executive officer, four months after the shock resignation of his predecessor. The decision ends a period of uncertainty for the London-based oil major, though Auchincloss — who has […]
A trial run of Houston-based Sage Geosystems’ underground battery has delivered “groundbreaking” results, the company reported. The tech, sometimes called an “earthen” battery, is meant to store electricity generated from renewable sources. It’s also geared to be an […]
Oil Price Freezing temperatures have slashed North Dakota’s crude oil production by up to 280,000 barrels per day (bpd) in recent days, according to estimates from the North Dakota Pipeline Authority as of Sunday, reported by Reuters. […]
Kuwait Petroleum Corporation (KPC) has announced the setting of the indicative price for Kuwaiti oil at $70 per barrel for the fiscal year 2024/2025, commencing this April. This key financial indicator was reported by Al-Anba […]
Oil Price In 2003, the late author and investment banker Matther Simmons predicted that with “certainty,” by 2005 the U.S. would enter a long-term natural gas crisis for which the only solution was “to pray.” […]
Daily Standup Weekly Top Stories A Natural Gas Plant Guarding US Northeast From Winter Blackouts Is at Risk – Consumers at mortal risk January 7, 2024 Stu Turley (Bloomberg) — A natural gas terminal that’s been […]
(Bloomberg) – Norwegian oil and gas companies will drill more exploration wells this year as the country seeks to maintain its position as a key oil and gas supplier to Europe. Between 40 and 50 […]
(Bloomberg) – TotalEnergies SE said lifting its stake in two Namibian oil blocks is a “key step” toward developing the Venus field off the coast of the southwest African nation. Starting in 2022, TotalEnergies and […]
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