Covestro in “Concrete Transaction Negotiations” for $12.5B ADNOC Takeover | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 24, 2024, 12:30 PM CDT The year-long efforts of Abu Dhabi National Oil Company (ADNOC) to acquire German chemicals firm Covestro moved a step closer to a...Continue Reading
Why U.S. Diesel Demand Is Underwhelming | 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 – Jun 24, 2024, 12:00 PM CDT U.S. diesel demand has been weak due to stagnant manufacturing...Continue Reading
US West Coast Refiners Swap Expensive Iraqi Crude for Cheap Canadian Oil | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 24, 2024, 11:30 AM CDT Canada’s newly expanded Trans Mountain pipeline is now prompting American refiners on the West Coast to swap more expensive...Continue Reading
Lithium Battery Factory Blaze in S Korea Claims 22 Lives | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 24, 2024, 11:30 AM CDT Twenty-two workers were killed in a fire that followed a series of explosions at a lithium battery factory just outside of...Continue Reading
The Atlantis field was discovered in 2020. Its total recoverable reserves are estimated at 65 Mmboe, with upside potential. This puts Atlantis among the largest offshore discoveries made on the Norwegian Continental Shelf in the last decade. SourceContinue Reading
In March 2024, Equinor and DNO delineated the Heisenberg discovery, estimating recoverable volumes of 24 to 56 MMboe. They plan to drill a new well in the second quarter of 2024 to explore the Angel prospect and further delineate Heisenberg. SourceContinue Reading
British Banks Have Abandoned North Sea Oil | 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 – Jun 24, 2024, 11:00 AM CDT Last year, Lloyds denounced fossil fuel financing, joining a growing list of financial institutions in Europe to do so....Continue Reading
U.S. Remains The World’s Most Attractive Renewables Market | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jun 24, 2024, 10:00 AM CDT EY’s Renewable Energy Country Attractiveness Index ranked the U.S. as no.1 in 2024. The U.S. retains the top spot, after adding 4.6 gigawatts...Continue Reading
Mexico’s New Refinery Won’t Be Ready for Commercial Output in 2024 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 24, 2024, 9:30 AM CDT Mexico’s newest refinery, the long-delayed Olmeca processing facility with a planned capacity of 340,000 barrels per day (bpd), is unlikely...Continue Reading
U.S. to Set New Oil Production Record, But 2025 Looks Bleak | OilPrice.com Premium Content By Robert Rapier – Jun 24, 2024, 9:00 AM CDT U.S. oil production has been flat for the past 10 months, but is still on track to set a new annual record in 2024. Rystad Energy predicts near-zero global oil...Continue Reading
