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August 15, 2024
U.S. LNG Ambitions Shaken by Regulatory Setback | 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 – Aug 15, 2024, 5:00 PM CDT NextDecade Corp.’s $4.3B Rio Grande LNG project in Texas faces uncertainty after a court ruling invalidated its...
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China Builds the World’s Largest Oil Platform | 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 15, 2024, 4:00 PM CDT China has built the world’s largest offshore oil platform for Saudi...
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Mach Natural Resources LP has announced its second-quarter results, showcasing solid upstream performance while adjusting its 2024 operational plans. The company also divested a portion of its Western Anadarko acreage for $38 million. Source
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Unexpected Tariff Hike Strains China-Kazakhstan Relations | 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 15, 2024, 3:00 PM CDT Kazakhstan has suspended wheat exports to China due...
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Russia Expands ‘Dark Fleet’ to Evade LNG Sanctions | 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 Related News By Julianne Geiger – Aug 15, 2024, 2:30 PM CDT Russia’s push to navigate sanctions and maintain its foothold...
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Offshore oil contractor Borr Drilling Ltd. expects almost a third of the world’s fleet of shallow-water rigs to be retired in the coming years because of their age, leading to higher daily leasing rates. Source
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The Real Reason Iran Hasn’t Retaliated Against Israel | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Aug 15, 2024, 2:00 PM CDT Iran has delayed its...
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Canada’s new green technology fund is putting as much as $100 million into a carbon-capture firm that’s backed by Chevron Corp. to help it commercialize its technology. Source
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Avance Gas holding Ltd., whose largest shareholder is Norwegian shipping billionaire John Fredriksen, said it has agreed to sell its entire fleet of very large gas carrying ships to BW LPG Ltd. Source
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The slowdown in production outside OPEC+, particularly in the U.S., is expected to narrow the global oil market surplus in 2025, though production will still outpace demand. Source
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