JPMorgan: Global AI Data Centers Will Consume Huge Amounts of Fresh Water | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – May 23, 2024, 1:00 PM CDT While energy consumption of data centers steal the headlines, the water-intensive nature of their operations are...Continue Reading
On the back of recent investments, exploration and production updates and strong willingness by the government, the Republic of Congo is taking historic measures to ensure its oil and gas industry drives resource monetization and energy access throughout Africa SourceContinue Reading
Europe’s Natural Gas Prices Rally amid Supply Concerns | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 23, 2024, 12:30 PM CDT European benchmark natural gas prices rallied on Wednesday and early Thursday amid growing supply concerns and forecasts of lower wind power generation...Continue Reading
President Javier Milei, who’s just months into a four-year term, pledges to go where no Argentine leader has successfully ventured for three decades by deregulating the country’s tightly controlled economy. But his signature legislation, which would stamp his libertarian vision on the economy — including free oil markets — still needs to win approval in...Continue Reading
Baker Hughes’ awarded scope includes the supply of 20 compression trains based on Frame 5 gas turbine and BCL compressor technology, which will be installed across three gas boosting stations within the Hassi R’ Mel natural gas field. SourceContinue Reading
The Hess Corp. chief executive officer is telling investors he got the best deal possible, and that Chevron could walk away if the merger doesn’t get voted through at a May 28 shareholder meeting, according to the people, who asked not to be identified because the discussions are private. SourceContinue Reading
A mere few days after Taiwan’s new president, Lai Ching-te, was sworn into office at the start of the week, China’s military on Thursday morning (local time) initiated two days of large-scale military drills. PLA navy ships and aircraft are now reportedly “surrounding the island of Taiwan,” according to state media and PLA statements. The drills are said to be...Continue Reading
Bitcoin Miners Make Shift to Renewable Energy | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info By Tom Kool – May 23, 2024, 10:49 AM CDT Bitcoin has dominated the news cycle lately, from the recent halving to the 30-plus banks...Continue Reading
Nigerian Oil Agencies Spar Over the Country’s True Production Figures | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 23, 2024, 10:30 AM CDT Two separate agencies regulating Nigeria’s oil industry have offered wildly different figures for the country’s actual oil production, with one agency...Continue Reading
National Grid Turns to Shareholders for £7 Billion Energy Transition Investment | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – May 23, 2024, 10:00 AM CDT The...Continue Reading
