By Michael Kern – Aug 07, 2024, 3:00 PM CDT Natural gas futures prices surged nearly 4% on August 7, 2024, defying recent bearish trends. Several factors likely contributed to the rally, including bargain hunting, inventory concerns, geopolitical risks, technical factors, and shifting weather patterns. The price surge could benefit natural gas producers but may...Continue Reading

American Shale Consolidation Continues with Rumors of Another Sale | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Aug 07, 2024, 2:00 PM CDT Franklin Mountain Energy, a privately held company, is reportedly exploring a sale of its Permian basin assets,...Continue Reading

Georgia’s Export Potential: Unveiling Promising Sectors for Growth | 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 – Aug 07, 2024, 1:00 PM CDT Georgia’s economic sectors, including wine &...Continue Reading

Oil Prices Continue to Climb as Wall Street Braces for Showdown with Iran | OilPrice.com Josh Owens Josh Owens is the Content Director at Oilprice.com. An International Relations and Politics graduate from the University of Edinburgh, Josh specialized in Middle East and… More Info Related News By Josh Owens – Aug 07, 2024, 12:30 PM...Continue Reading

Lucid Receives $1.5 Billion Lifeline from Saudi Investment Fund | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 07, 2024, 12:00 PM CDT Lucid Group received a $1.5 billion investment from its majority stockholder, Ayar Third Investment Company, an affiliate of Saudi...Continue Reading

CNOOC has been searching for offshore oil and gas resources in the South China Sea for decades. Multiple large-size gas fields have been discovered, namely Dongfang 1-1, Liwan 3-1, Lingshui 17-2, Baodao 21-1 and now, Lingshui 36-1. By far, the total proved gas in-place in the region has exceeded 1 Tcm. SourceContinue Reading

Why Virgin Atlantic’s Ad About Flying on Cooking Oil Was Banned | 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 – Aug 07, 2024, 11:00 AM CDT Virgin...Continue Reading

A Ukrainian ground assault on Russian regions across the border continued on Wednesday for their second day, forcing Russia to evacuate residents from the Kursk region, sparking a backlash against President Vladimir Putin for failing to thwart the attacks. According to The Moscow TImes, this latest campaign by Ukraine is “larger in scale and more...Continue Reading

EPA Audits Potential Fraud in U.S. Biofuels Supply Chain | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 07, 2024, 10:15 AM CDT The U.S. Environmental Protection Agency (EPA) is carrying out audits at least two biofuel producers over the used cooking oil in their...Continue Reading

Oil Prices Climb as Crude Inventories Decline | 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 – Aug 07, 2024, 9:44 AM CDT Oil prices climbed after the EIA reported a surprise crude oil...Continue Reading