WTI Sheds Over 2% As Goldman Sachs Heralds U.S. Crude Output Growth | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 29, 2024, 12:30 PM CDT U.S. benchmark crude oil, West Texas Intermediate (WTI) shed over 2% on Monday, shortly after Goldman Sachs said US...Continue Reading

UK’s Energy Market to Embrace Flexibility for a Cleaner Future | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Jul 29, 2024, 12:00 PM CDT Ofgem introduces...Continue Reading

Spain To Spend $18B on 300 Clean Energy Projects | 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, 11:30 AM CDT The Spanish government has authorized the construction of nearly 300 clean energy projects with a...Continue Reading

Weak Demand in China Weighs on Middle East Oil Price Outlook | OilPrice.com Gerald Jansen Gerald is an independent freelance energy analyst based in Rotterdam, the Netherlands. More Info Premium Content By Gerald Jansen – Jul 29, 2024, 11:00 AM CDT China’s maritime imports dropped to 10 million b/d at the start of the summer....Continue Reading

India Plans To Raise Oil Refining Capacity to 6.2 Million Bpd by 2028 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 29, 2024, 10:30 AM CDT India expects to boost its refining capacity by around one-fifth to have 6.19 million barrels per day (bpd)...Continue Reading

Seatrium Financial Services has secured a three-year $810 million syndicated bank guarantee facility. The facility, coordinated by DBS Bank and Standard Chartered Bank, involves eight leading financial institutions. SourceContinue Reading

Post Oak Minerals V, an affiliate of Post Oak Energy Capital LP, has completed 10 acquisitions valued at over $475 million since early 2024, primarily focusing on the Permian Basin. SourceContinue Reading

Asian LNG Imports Set for Six-Month High in July | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jul 29, 2024, 10:00 AM CDT Asia is on track to import the highest level of LNG since January, despite rising spot prices. European LNG imports are expected...Continue Reading

The deal is part of Occidental’s previously announced plan to divest assets to help fund its acquisition of closely held CrownRock LP. SourceContinue Reading

TotalEnergies has announced its withdrawal from offshore Blocks 11B/12B and 5/6/7 off the southern coast of South Africa. This decision follows the exit of partner CNRI from Block 11B/12B, where TotalEnergies EP South Africa holds a 45% interest. SourceContinue Reading