The loan for the Scarborough project, which is scheduled to deliver its first LNG shipment in 2026, will come from the Japan Bank for International Cooperation. The public financial institution has stepped-up efforts to secure LNG, including granting loans for fuel purchases. SourceContinue Reading

Biofuels Aren’t Going To Replace Conventional Jet Fuel Anytime Soon | 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 – May 30, 2024, 5:00 PM CDT SAF production is well off track to replace traditional jet fuels in time to...Continue Reading

India’s Oil and Natural Gas Corporation Limited (ONGC), supported by ABL as tow master and marine warranty provider, has moved a record high 45 drilling rigs to new locations ahead of the Indian monsoon season. ONGC’s previous record was 37 rig moves. SourceContinue Reading

Uzbekistan Is Racing to Diversify Its Economy | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – May 30, 2024, 4:00 PM CDT Uzbekistan’s government is spending heavily on infrastructure...Continue Reading

The contract scope includes engineering, procurement, fabrication, installation, and pre-commissioning of 102 km of rigid risers and flowlines for the steel lazy wave production system. SourceContinue Reading

Seeq, a leader in industrial analytics, AI, and monitoring, and Equinor announced a multi-year commercial agreement for the Seeq Industrial Analytics and AI platform, to be leveraged across Equinor’s global assets to further accelerate digital transformation outcomes. SourceContinue Reading

BYD Unveils Hybrid Powertrain with 1,250-Mile Range | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – May 30, 2024, 3:00 PM CDT BYD introduces a new hybrid powertrain capable of traveling over 1,250 miles without recharging or refueling. BYD dominates the Chinese hybrid...Continue Reading

Stable, long-term policies that enable fair returns are critical to ensure UK firms and their people can compete in the global race for energy investment. OEUK says over £200 billion can be unlocked and ploughed into our energy future this decade, but only if firms, skilled people and capital stay here in the UK. SourceContinue Reading

What Does the Reimposition of U.S. Sanctions Mean for Venezuela’s Oil Industry? | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – May 30, 2024, 2:00 PM CDT The...Continue Reading

Saudi Aramco Announces Secondary Public Offering of 1.545 Billion Shares | 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 Related News By Julianne Geiger – May 30, 2024, 1:40 PM CDT The Government of the Kingdom of Saudi...Continue Reading