Shell Plc, TotalEnergies SE, bp Plc and Mitsui & Co. will each take a 10% stake in the Ruwais LNG plant, said the people, who asked not to be named as the information isn’t public. Agreements may be signed as soon as next week, the people said. SourceContinue Reading

The lawsuit filed Friday takes aim at an Interior Department rule that explicitly bars oil leasing on 10.6 million acres (4.3 million hectares) of the 23-million-acre reserve, while restricting future oil development in 13 million acres designated as “special areas.” SourceContinue Reading

China’s Economic Recovery Stumbles as Industrial Output Disappoints | 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 06, 2024, 2:00 PM CDT China’s industrial production grew...Continue Reading

By Eurasianet – Jul 06, 2024, 10:00 AM CDT Uzbekistan’s trade deficit continues to grow, driven by a faster increase in imports compared to exports. China remains Uzbekistan’s largest trade partner, but Uzbekistan has substantial deficits with both China and Russia. Discrepancies exist between Uzbekistan’s reported gas exports to China and the data from the...Continue Reading

Energy Independence: What It Means and How We Measure It | OilPrice.com Premium Content By Robert Rapier – Jul 05, 2024, 6:00 PM CDT The debate over U.S. energy independence is often muddled by differing definitions and political rhetoric. A practical definition of energy independence is producing more energy than consumed domestically. The U.S. has...Continue Reading