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July 1, 2024
Gas Flaring Is Back With a Vengeance | 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 – Jul 01, 2024, 5:00 PM CDT Gas flaring, a major source of...
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To date, Apex has drilled 10 wells. Six of the 10 drilled wells are currently producing, one has been completed as a water supply well for a water injection project, two are discoveries waiting on completions, and one was a dry hole. Source
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OPEC produced an average of 26.98 MMbpd in June, or 80,000 bpd less than during the previous month, according to a Bloomberg survey. Small reductions in Iraq and Nigeria drove the decline. Source
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Asia’s Rising Emissions Offset Western Climate Progress | OilPrice.com Premium Content By Robert Rapier – Jul 01, 2024, 4:00 PM CDT Global carbon emissions increased by 2.1% in 2023, surpassing 40 billion metric tons for the first time. While the US and EU achieved emission reductions, these were offset by a 4.9% increase in Asia...
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U.S. Crude Benchmark Pops 2.5% on Summer Demand, Geopolitics | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 01, 2024, 3:30 PM CDT Oil prices jumped nearly 2.5% on Monday, reaching their highest since April as geopolitical tensions boost supply and demand sentiment despite economic...
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Steel Industry Reacts to Import Caps and Tariffs with Cautious Approach | OilPrice.com 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 Metal Miner – Jul 01, 2024, 3:00 PM CDT EU...
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The merger of TGS and PGS forms a powerhouse in the energy sector, enhancing its capabilities to support energy exploration and production on a global scale. This integration will enable the company to leverage a wider pool of technological resources and expertise, significantly boosting its operational efficiency, innovation and customer engagement strategies.  Source
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Transatlantic Energy Highway: Is a Global Power Grid on the Horizon? | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Jul 01, 2024, 2:00 PM CDT The...
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The project is expected to achieve a peak production of approximately 18,100 boed day in 2026, and the oil property is light crude. It is the first oil field in the South China Sea supplied with onshore power. Source
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Will Orban’s Government Cause Turmoil in the EU? | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Jul 01, 2024, 1:00 PM CDT Hungary’s six-month EU presidency...
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