ESG Enthusiasm Wanes with U.S. Shareholders | 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 08, 2024, 5:00 PM CDT Recently, there has been a notable rise in anti-ESG proposals...Continue Reading

China’s Renewable Energy Surge Strains Power Grid | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jul 08, 2024, 4:00 PM CDT China’s massive wind and solar capacity additions have resulted in regional power imbalances, leading to renewable curtailment. The government aims to...Continue Reading

Exxon Sees Higher Oil Prices Raising Upstream Earnings | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 08, 2024, 3:30 PM CDT ExxonMobil expects its upstream earnings to be up to $700 million higher for the second quarter compared to the first quarter of the...Continue Reading

Cold Rolled Stainless Imports Surge Despite Higher Freight Rates | 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 08, 2024, 3:00 PM CDT Stainless steel demand...Continue Reading

Independent oil & gas company Devon Energy (NYSE:DVN) has announced plans to acquire Grayson Mill Energy‘s Williston Basin business in a cash and stock deal valued at ~$5B, consisting of $3.25B of cash and $1.75B of stock. According to the Oklahoma-based shale producer, the purchase will add 307K net acres (70% working interest) to its portfolio, significantly expanding its position...Continue Reading

Raw Material Shortages Weigh on EU Ammunition Production | 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 08, 2024, 2:00 PM CDT The EU’s production capacity...Continue Reading

Argentina Moves Closer to LNG Exports From Vaca Muerta Shale | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 08, 2024, 1:30 PM CDT Argentina could be a step closer to start exporting LNG and monetizing its huge resource in the Vaca Muerta shale play...Continue Reading

Eni has made a new discovery on the Yopaat-1 EXP exploration well in Block 9, approximately 63 km off the coast in the mid-deep water of the Cuenca Salina in the Sureste basin offshore Mexico. The preliminary estimates indicate a discovered potential of around 300-400 MMboe of oil and associated gas in place. SourceContinue Reading

Gold’s Potential as a Safe Haven in a Warming World | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jul 08, 2024, 1:00 PM CDT Climate change and extreme weather events may impact gold’s value. Gold’s carbon profile and decarbonization potential may enhance...Continue Reading

SCO Expansion Underscores Geopolitical Divide | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Jul 08, 2024, 12:00 PM CDT The SCO summit in Kazakhstan emphasized a desire to...Continue Reading