Renewable Energy Growth Fails To Offset Fossil Fuel Dominance | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jun 25, 2024, 11:00 AM CDT At a time when the peak of “green” virtue signaling has come and gone, we regret to inform you...Continue Reading

Barclays CEO CS Venkatakrishnan joins a growing chorus of Wall Street CEOs from Citigroup Inc.’s Jane Fraser to JPMorgan Chase & Co.’s Jamie Dimon and Goldman Sachs Group Inc.’s David Solomon, who have all cautioned that a complete withdrawal from oil and gas comes with unacceptable energy security risks. SourceContinue Reading

Despite unprecedented energy challenges, 68% of oil and gas industry leaders express optimism for sector growth in the coming year. This confidence, revealed in a survey by DNV, underscores the sector’s resilience as it balances immediate demands with long-term environmental responsibilities. SourceContinue Reading

This SURF EPCI contract includes a substantial fabrication scope and offshore work over three years, with the first campaign beginning in 2025. Ocean Installer has also secured a separate contract for replacing a 4 km, 10” flexible flowline at the Troll B field in 2025. SourceContinue Reading

Finland’s Energy Firm Gasum to Halt Russian LNG Imports amid EU Sanctions | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 25, 2024, 10:30 AM CDT Finland’s energy company Gasum will stop buying or importing Russian liquefied natural gas from July 26, in line with...Continue Reading

Bullish Sentiment Is Building in Oil Markets as Demand Concerns Fade | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Jun 25, 2024, 10:00 AM CDT Oil prices are set to post an impressive gain this month as bullish sentiment has...Continue Reading

Enverus has released its annual list of the 100 most prolific private oil and gas producers in the U.S. based on gross operated production, well count and rig movements across last year. Continental Resources and Ascent Resources remain in the top two positions on the list, with Aethon Energy moving up to the third position,...Continue Reading

Port Maintenance Drags Russia’s Oil Shipments Down to Three-Month Low | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 25, 2024, 9:15 AM CDT Maintenance works at Russia’s busiest oil ports dragged down weekly crude oil shipments to the lowest level in over three months...Continue Reading

Exxon and Partners’ Net Profit From Guyana’s Oil Soared in 2023 | 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 25, 2024, 9:00 AM CDT Exxon, Hess, and CNOOC made...Continue Reading

Europe’s Top Airline to Introduce Surcharge to Cover Cost of Clean Fuel | 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 – Jun 25, 2024, 8:10 AM CDT The Lufthansa Group, the...Continue Reading