The upcoming period of rapid growth is bolstered by deepwater projects, recent successful discoveries in Indonesia and Malaysia, and positive carbon capture and storage (CCS) advancements, which will be crucial in meeting the region’s sanctioning agenda in the years ahead. SourceContinue Reading
Hedge Funds Are Headhunting Succesful Power Traders | 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 10, 2024, 11:00 AM CDT Hedge funds are hiring power traders from utilities and...Continue Reading
OPEC Sticks To Strong Oil Demand Growth Forecasts | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Related News By Alex Kimani – Jul 10, 2024, 11:00 AM CDT OPEC has stuck to its forecast for relatively strong growth in global oil demand in 2024...Continue Reading
Honeywell to Buy Air Products’ LNG Technology for $1.8 Billion | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 10, 2024, 10:30 AM CDT Honeywell has agreed to buy the LNG process technology and equipment business of Air Products in a $1.81 billion all-cash deal,...Continue Reading
The data published by OPEC’s Vienna-based secretariat on Wednesday show that three of the coalition’s biggest members still haven’t conformed to their oil production targets, let alone begun additional compensatory cuts they promised to make up for earlier cheating. SourceContinue Reading
RMSpumptools is a leader in electrical penetrator and connector systems, mechanical completion systems and intervention tools, subsea connector systems, and ESP monitoring systems for challenging electrical submersible pumping (“ESP”) applications. RMSpumptools designs, manufactures, and delivers its solutions from locations in the United Kingdom, Saudi Arabia, and the United Arab Emirates. SourceContinue Reading
Capable of producing up to 550 MMcfgd, this project is poised to address the increasing global energy demand at a time when executives are betting on natural gas. SourceContinue Reading
Oil Prices Perk Up on 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 10, 2024, 9:37 AM CDT Crude oil prices went higher today, after the U.S. Energy Information...Continue Reading
ADNOC has signed several new long-term LNG sales commitments with international partners, including for the delivery of 1 million tonnes per annum (MMtpa) with Shell and 0.6mtpa with Mitsui & Co., taking the committed Ruwais LNG production capacity to 70%. SourceContinue Reading
Occidental, which is building a carbon-capture portfolio through its subsidiary 1PointFive, plans to build a fleet of plants that suck carbon dioxide directly from the air. Microsoft on Tuesday agreed to buy 500,000 metric tons of credits from the company’s Stratos plant in Texas, which is expected to start up next year. SourceContinue Reading
