Saudi Arabia condemned the strike, saying “terrorist and sabotage acts committed against vital installations target the security and stability of energy supplies to the world,” the official Saudi Press Agency reported. SourceContinue Reading

“There is a creeping politicization of the banking industry that has the propensity to be very, very dangerous,” Acting Comptroller of the Currency Brian Brooks told reporters Friday in a call about the rule, which would affect lenders with more than $100 billion in assets. SourceContinue Reading

Venture Global LNG announced that KBR has been awarded the engineering, procurement and construction contract as lead contractor for Phase 1 of the Plaquemines LNG export project currently under development in Plaquemines Parish, Louisiana. SourceContinue Reading

The campaign is expected to commence in early 2021, with an estimated firm combined duration of 500 days. The estimated firm total contract value is approximately USD $100MM, including rig upgrades and integrated services provided. SourceContinue Reading

The nation is grappling with a crisis brought to a head by low oil prices and OPEC+ output cuts. As state coffers dwindle and school teachers go unpaid, the country risks a repeat of upheaval last year that brought down the government and saw hundreds of protesters killed. SourceContinue Reading

In releasing the highly anticipated document Monday, the Commodity Futures Trading Commission conceded that it might fall short of expectations. But CFTC chairman Heath Tarbert said the agency was trying to be as forthcoming as possible in disclosing what it knows now, calling it an “interim report.” SourceContinue Reading

Activists, Native Alaskans, and more recently large shareholders have worked to persuade lenders and insurers they were jeopardizing the climate, their investments, and their reputation by underwriting Arctic drilling. SourceContinue Reading

Saudi Aramco’s Landmark IPO Is Costing The Kingdom Billions | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Nov 23, 2020, 7:00 PM CST The initial public...Continue Reading

OPEC To Decide The Fate Of Oil Markets In 2021 | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Nov 23, 2020, 6:30 PM CST OPEC officials will meet this week on...Continue Reading

Israel And Saudi Arabia Could Derail Biden’s Middle East Plans | OilPrice.com Cyril Widdershoven Dr. Cyril Widdershoven is a long-time observer of the global energy market. Presently, he holds several advisory positions with international think tanks in the Middle… More Info Premium Content By Cyril Widdershoven – Nov 23, 2020, 6:00 PM CST After weeks...Continue Reading