U.S. To Buy 4.65 Million Barrels for The SPR, But There’s A Problem | 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 29, 2024, 5:00 PM CDT The U.S. Department of Energy has finalized a contract to purchase...Continue Reading

Why Latin America Is Missing Out on The Global LNG Boom | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Jul 29, 2024, 5:00 PM CDT Over the past two decades, the LNG market has emerged as one of...Continue Reading

Subsea7 has been awarded an engineering, procurement, construction, and installation contract by bp for the Murlach development, formerly known as the Skua field, located 149 miles east of Aberdeen in the UK North Sea. SourceContinue Reading

Expert Insights from the 2024 Statistical Review of World Energy | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – Jul 29, 2024, 4:00 PM CDT The U.S....Continue Reading

European energy companies have been grappling with competing forces — the negative impact of low natural gas prices and falling refining margins due to weak fuel demand, against the positive effect of higher crude prices amid OPEC+ supply cuts. For Eni, the upside outweighed the downside. SourceContinue Reading

Has Global Oil Production Already Peaked? | OilPrice.com Kurt Cobb Kurt Cobb is a freelance writer and communications consultant who writes frequently about energy and environment. His work has also appeared in The Christian Science… More Info Premium Content By Kurt Cobb – Jul 29, 2024, 3:00 PM CDT Mexican government estimates indicate a rapid...Continue Reading

The Biden administration wants more money to purchase oil as it seeks to expand its efforts to refill the depleted U.S. emergency cache. SourceContinue Reading

The cost to drill and frac new wells in U.S. shale basins is expected to drop about 10% this year as explorers look to get more for less amid record output, according to a report from Wood Mackenzie. SourceContinue Reading

Thai EV Subsidies Wreak Havoc on Domestic Auto Market | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jul 29, 2024, 2:00 PM CDT Thailand’s EV subsidy program aimed to make EVs more affordable by offering subsidies and eliminating tariffs on Chinese imports....Continue Reading

New Gas Discovery Brings Optimism for Bolivia’s Energy Future | 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 29, 2024, 1:00 PM CDT Bolivia’s Mayaya Centro...Continue Reading