Shell Begins Perdido Evacuation As Hurricane Beryl Threatens Operations | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 03, 2024, 11:30 AM CDT Shell announced on Wednesday that it had safely paused some drilling operations in the Gulf of Mexico as Hurricane Beryl was preparing...Continue Reading

The three new island rigs will operate on existing and newly constructed innovative artificial islands at the offshore Zakum field for drilling and completion of wells. The rigs, which will be constructed by Honghua Group (HH), will incorporate industry leading technology and automation. Delivery of the rigs and commencement of operations is expected during 2026....Continue Reading

During the deepwater Kaminho project’s first phase of development for the Cameia field, SLB OneSubsea will collaborate with TotalEnergies to deploy a highly configurable subsea production platform with standardized vertical monobore subsea tree, wellhead, and controls system. SourceContinue Reading

Texas LNG Brownsville LLC, a subsidiary of Glenfarne Energy Transition, LLC, has signed a non-binding Heads of Agreement (“HOA”) a long-term LNG free-on-board (“FOB”) sale and purchase agreement (“SPA”) for 0.5 MMtpa of LNG from Texas LNG. SourceContinue Reading

Tech Giants’ Power Needs Could Jeopardize U.S. Grid Reliability | 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 – Jul 03, 2024, 11:00 AM CDT Big tech firms are engaging in behind-the-meter...Continue Reading

Russia’s Oil Revenues Jumped 50% Year-on-Year in June | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 03, 2024, 10:40 AM CDT Higher prices for Russia’s flagship crude grade Urals boosted the Russian government’s revenues from oil in June with proceeds rising by nearly 50%...Continue Reading

Oil Prices Rise As EIA Confirms Huge Crude Draw | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Jul 03, 2024, 9:37 AM CDT Crude oil prices moved higher today after the U.S....Continue Reading

Kazakhstan Exceeded Its OPEC+ Oil Output Quota in June | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 03, 2024, 9:30 AM CDT Non-OPEC producer Kazakhstan, which is part of the OPEC+ output deal, raised its oil production in June, exceeding its quota under the...Continue Reading

By Editorial Dept – Jul 03, 2024, 9:00 AM CDT With less than a month before Venezuelan elections, on July 28, incumbent President Nikolas Maduro has told Washington that he is now willing to restart direct talks. If Maduro wins, helped along by the banning and arrest of opposition figures, it will give him six...Continue Reading

By Editorial Dept – Jul 03, 2024, 9:00 AM CDT Politics, Geopolitics & Conflict If Israel invades Lebanon, Washington fears it will hasten a Russia-Iran alliance, with one geographical part of that scenario already underway in Yemen. U.S. intelligence claims (according to a Middle East news outlet) that Putin had already approached the Saudis for...Continue Reading