Offshore Energies UK has given its backing to plans by Equinor and its partners to progress a major oil and gas field on the UK continental shelf. SourceContinue Reading
Europe’s Insatiable Thirst For Natural Gas | OilPrice.com Premium Content By Editorial Dept – Aug 05, 2022, 11:30 AM CDT 1. OPEC+ Agrees on Lowest Monthly Increase in Years – In a move widely perceived as the undoing of the widely publicized Biden-MBS fist bump, OPEC+ has agreed to a 100,000 b/d production quota increase...Continue Reading
Is The EIA Wrong About Weak Gasoline Demand? | OilPrice.com Premium Content By Editorial Dept – Aug 05, 2022, 11:30 AM CDT Politics, Geopolitics & Conflict Last month, the EU heralded a deal with Azerbaijan that would net it extra Azeri gas to reduce dependence on Russia. That deal is now being threatened by renewed...Continue Reading
Why Traders Have Started To Dump Crude | OilPrice.com Premium Content By Editorial Dept – Aug 05, 2022, 11:30 AM CDT U.S. West Texas Intermediate crude oil futures are trading lower on Friday shortly after the release of a strong U.S. Non-Farm Payrolls report that suggests the U.S. is not in a recession and that...Continue Reading
Germany’s Power Prices Hit Record-High As Utilities Limit 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 Related News By Tsvetana Paraskova – Aug 05, 2022, 11:30 AM CDT Germany’s year-ahead electricity prices hit a record...Continue Reading
The Geopolitical Future Of Iraq Hangs In The Balance | OilPrice.com Premium Content By Editorial Dept – Aug 05, 2022, 11:30 AM CDT While everyone is monitoring a war in Europe, Iraq – OPEC’s second-largest producer – is experiencing the climax of a long-running political stalemate that will have major geopolitical ramifications. Mass protests led...Continue Reading
Norway Considers Limiting Electricity Exports To Prevent Domestic Crunch | OilPrice.com Torkel Nyberg Torkel Nyberg is an independent trader living in Stockholm, Sweden. He focuses on developing risk reducing strategies using mechanical trading systems mainly in the swing… More Info Related News By Torkel Nyberg – Aug 05, 2022, 10:30 AM CDT Norway may soon...Continue Reading
Oil Prices Climb Even As Payroll Report Surprises | 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 Premium Content By Julianne Geiger – Aug 05, 2022, 10:25 AM CDT Total nonfarm payrolls rose by 528,000 in July, well...Continue Reading
The Rosebank oil and gas project could lead to an investment of £4.1 billion ($5 billion) in the UK and create more than a thousand jobs if it goes ahead, according to Equinor ASA. SourceContinue Reading
Japan Asks Mitsui, Mitsubishi To Stay On In Crucial Sakhalin-2 Project | 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 – Aug 05, 2022, 10:00 AM CDT The Japanese industry ministry has asked Mitsui...Continue Reading
