In recent years, inconsistent investment policies within the oil sector led to instability in the energy markets. The OPEC+ group firmly believe in a dual approach of ramping up investments in the oil and gas […]
Daily Standup Top Stories Jamie Dimon says central banks got forecasts ‘100% dead wrong’ — and it doesn’t matter if Fed hikes rates again October 24, 2023 Mariel Alumit Jamie Dimon said central banks 18 months […]
Oil is here to stay as US majors strike blockbuster deals while Saudi policies are helping stabilize global crude markets, the kingdom’s energy minister said at the annual investment forum in Riyadh. “It’s working,” Energy […]
Nigeria upped its production by 110,000 bpd, while Iran’s output reached its highest since 2018, exempt from OPEC+ cuts because of U.S. sanctions. Saudi Arabia maintained its commitment to pumping approximately 9 million bpd in […]
Oil prices started the week of Oct. 9 off with a surge as the war between Israel and Palestinian Islamist militant group Hamas entered its third day, but by the fourth day oil prices had […]
Daily Standup Top Stories Nano Nuclear Thinks It Will Be ‘First Company to Sell Microreactors,’ With 2030 Target October 11, 2023 Allen Santos Authored by Nathan Worcester via The Epoch Times (emphasis ours), During a wide-ranging […]
OPEC general secretary Haitham al-Ghais criticizes calls to halt investments in new oil projects, labeling it an “extremely risky narrative.” Amid contrasting views with the IEA, OPEC’s latest oil outlook expects global oil demand to […]
Daily Standup Top Stories Major headwinds threaten off-shore wind targets October 10, 2023 Mariel Alumit The pervasive narratives about off-shore wind in recent years have been that costs are falling, and that wind power is cheap. […]
Representatives from the oil industry and from OPEC will attend the COP28 climate summit in Dubai next month, OPEC Secretary General Haitham Al Ghais said on Tuesday. “The oil industry will be at COP and […]
By Simon Watkins of Oilprice.com In what turned out to be extraordinary timing, October 3 saw a Western coalition of France’s TotalEnergies and Italy’s Eni, plus Qatar Energy, apply for the second licensing round on […]
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