Tesla Plans New Mystery Facility Near Texas Gigafactory | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – May 10, 2021, 1:00 PM CDT Tesla plans to build a new industrial building with a yet unknown function next to its Gigafactory in Austin, Texas, Austin Business Journal...Continue Reading
OPEC’s Production Increases As Iran Ramps Up Output | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – May 10, 2021, 12:00 PM CDT OPEC’s crude oil production is estimated to have...Continue Reading
Bonanza Creek Energy and Extraction Oil and Gas will combine in an all-stock merger of equals, a deal worth about $2.6 billion, the companies announced. The combined company will be called Civitas Resources, Inc. and will be the largest pure-play energy producer in Colorado’s Denver-Julesburg (DJ) Basin. SourceContinue Reading
The Future Of U.S. LNG: Only The Biggest Will Survive | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – May 10, 2021, 11:00 AM CDT Liquefied natural gas was a big thing a...Continue Reading
The leading representative body for the UK offshore oil and gas industry has today paid tribute to former Energy Minister Paul Wheelhouse and urged all parties to support the sector and its world class supply chain in order to realize homegrown greener energy. SourceContinue Reading
Bilfinger will perform inspection services on the offshore assets of Total EandP (Exploration and Production) Denmark. The €40 million ($48.6 million) contract will be booked under Bilfinger’s Engineering and Maintenance Europe segment. SourceContinue Reading
Traders Scramble To Buy Gasoline From Europe After U.S. Pipeline Outage | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 10, 2021, 10:30 AM CDT Commodity traders have booked at least six tankers—provisionally—to start shipping gasoline from Europe to the United States in the wake...Continue Reading
Hedge Funds Increase Bullish Bets On Oil | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – May 10, 2021, 10:00 AM CDT Money managers have accelerated buying in the most important...Continue Reading
European Oil Imports Surge In April | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – May 10, 2021, 9:30 AM CDT Crude oil imports into Europe surged by close to 1 million bpd...Continue Reading
Laredo Petroleum announced a purchase and sale agreement to acquire the assets of Sabalo Energy, a portfolio company of EnCap Investments, and a non-operating partner for about $715 million, and the sale of 37.5% of Laredo’s operated PDP reserves in its legacy leasehold in Reagan and Glasscock counties to an affiliate of Sixth Street Partners...Continue Reading