The EU Is Facing a Looming Gas Supply Crisis | OilPrice.com Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Premium Content By Rystad Energy – Jul 17, 2024, 2:00 PM CDT The end of...Continue Reading

US Eases Some Venezuela Sanctions, But Not For PdVSA | 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 17, 2024, 1:30 PM CDT The United States Office of Foreign Assets Control (OFAC) has eased some sanctions on Venezuela...Continue Reading

Aluminum Prices Face Downward Pressure as Tariffs Influence Market Trends | 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 17, 2024, 1:00 PM CDT U.S. tariffs...Continue Reading

UAE Considering Building A Second Nuclear Power Plant | 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 17, 2024, 1:00 PM CDT The United Arab Emirates is considering building a second nuclear power plant to meet surging electricity...Continue Reading

The company plans to restart its first production line this week, with the intent to start the remaining units shortly thereafter, Browne said. Still, production is expected to be at reduced rates, a spokesperson said, without saying how long the reduction would last. The plant is designed to produce 15 million metric tons of LNG...Continue Reading

Container Ship Backlogs and Soaring Rates Drive Supply Chain Congestion Concerns | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jul 17, 2024, 12:00 PM CDT Goldman Sachs’ supply chain congestion index nears “Congest” level for the first time in 1.5 years due...Continue Reading

LLOG Exploration Company has acquired 41 blocks of offshore acreage encompassing approximately 236,000 acres in the East Breaks and Alaminos Canyon area of the deepwater GOM. SourceContinue Reading

PEL 73 is located onshore northeast Namibia, covering an area of approximately 25,341 km2. Two exploration wells are planned to be drilled in the Damara Fold Belt basin in the second half of 2024. The wells are targeting a combined un-risked resource potential of 489 MMbbl of oil, based on the most recent prospective resource...Continue Reading

Oil and Gas Exports Are Increasingly Important for Canada’s Economy | 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 17, 2024, 11:00 AM CDT Alongside surging production, Canada’s oil and...Continue Reading

Oil Extends Gains As EIA Confirms Crude Draw, Rising Fuel Inventories | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – Jul 17, 2024, 9:54 AM CDT Crude oil prices went higher today,...Continue Reading