National Oil Company Petrobras is focusing on output growth from pre-salt, following a trend of Brazilian oil independents raising output at fields the NOC already divested, Petroleum Economist reported. SourceContinue Reading

Russia Says It Needs Oil Storage Facilities Amid Western Sanctions | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 18, 2022, 12:30 PM CDT Russia needs strategic oil storage facilities to help its oil industry and oil trade with the Western sanctions, Russian experts and...Continue Reading

What Is Driving Global Metal Markets? | OilPrice.com Ag Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Ag Metal Miner – Aug 18, 2022, 12:00 PM CDT Global metals markets are...Continue Reading

U.S. Refiners Undeterred By Recession Fears | 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 18, 2022, 11:30 AM CDT U.S. refiners are set to continue operating at high utilization...Continue Reading

OPEC Sees Robust Oil Demand Despite Sell-Off | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Aug 18, 2022, 11:00 AM CDT OPEC Secretary General al-Ghais: recent sell-off in oil was driven by fear. OPEC: crude oil fundamentals remain strong. Al-Ghais: Fears of a major Chinese...Continue Reading

Moscow has rejected a proposal by United Nations Secretary General Antonio Guterres to demilitarize the area around the Russian-occupied Zaporizhzhya nuclear power plant in southern Ukraine. During a press briefing on August 18, Foreign Ministry spokesman Ivan Nechaev said the proposals were “unacceptable.” The Zaporizhzhya nuclear plant was captured by Russia in March, shortly after...Continue Reading

Neptune Energy announced drilling has begun on a new production well at its operated Rӧmerberg oil field in the Rhine Valley, southwestern Germany. SourceContinue Reading

U.S. Oil And Gas Firms Made $74 Billion In Profits Last Year | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Aug 18, 2022, 10:00 AM CDT U.S. oil and gas firms generated $73.7 billion in profits in 2021. Despite higher oil prices and profits, companies...Continue Reading

Germany Lowers Gas Sales Tax To Ease Burden On Consumers | 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 18, 2022, 9:30 AM CDT Germany will reduce the sales tax...Continue Reading

India To Delay Coal Plant Closure | 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 18, 2022, 8:30 AM CDT India is set to delay the retirement of some coal plants even...Continue Reading