Cosmo will invest as much as $145 million in the exploration phase at Offshore Block 4, government-owned ADNOC said Wednesday in a statement. Abu Dhabi holds most of the oil in the United Arab Emirates, the third-largest producer in OPEC. SourceContinue Reading
The agreement provides LLOG access to Eni and Marubeni Oil and Gas’ existing subsea infrastructure connected to the Williams-owned Devils Tower Spar in Mississippi Canyon 773 to optimize its development of the Taggart discovery. SourceContinue Reading
While prices continue to surge, some of the biggest moves in the past day have come at the front of the futures curve. Brent’s nearest timespread has surged — a key sign of market tightness — while key swaps tied to the physical North Sea market have also increased amid frenzied trading of derivatives late...Continue Reading
Morgan Stanley: Gasoline Industry Is About to Become Totally Worthless | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Feb 09, 2021, 7:00 PM CST The average energy investor is by now well aware of the sector’s monumental shift...Continue Reading
2 Under The Radar Electric Vehicle Stocks That Could Soar In 2021 | OilPrice.com Premium Content By Lucas Black – Feb 09, 2021, 6:00 PM CST The green energy boom took the mainstage in 2020, and now many are predicting it could reach new heights in 2021. Some of the biggest gains in the market...Continue Reading