Kent and the Energy Institute have announced a collaboration to create comprehensive guidelines for the economics of decarbonization in greenhouse gas (GHG) emission reduction projects within the upstream oil and gas sector. SourceContinue Reading

The American Petroleum Institute (API) released a new poll conducted by Morning Consult that reveals strong support among swing state voters for policies that promote domestic oil and natural gas production, while limiting reliance on foreign energy sources. SourceContinue Reading

Seatrium Limited has successfully delivered its fourth jackup rig, named “Vali,” to Borr Drilling, about a year ahead of the planned delivery date. The project was completed on an accelerated schedule, highlighting Seatrium’s ability to execute major projects efficiently and on budget. SourceContinue Reading

TDI-Brooks has successfully completed a geotechnical coring project for Geohidra in the Southern Gulf of Mexico. The operation, conducted aboard the MV Laguna Azule, involved thirty-two cone penetration tests using the Neptune 3000 system. SourceContinue Reading

Supply Chain Woes Worsen After Chinese Port Closure | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 15, 2024, 1:00 PM CDT An explosion involving hazardous materials has shut down Ningbo Port, the world’s third-busiest container port. The closure is expected to...Continue Reading

Dubai Port Operator Sheds 60% Profits Amid Red Sea Disruption | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 15, 2024, 1:00 PM CDT DP World, a key Dubai-based port operator, reported earnings on Thursday, showing a ~60% profit plunge due to Red Sea attacks...Continue Reading

Did Kazakhstan Just Shift the Balance of Power in the Space Race? | 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, 12:00 PM CDT...Continue Reading

Oil Prices Climb 2% as Gaza Ceasefire Talks Begin | 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 15, 2024, 11:24 AM CDT Oil prices, including WTI and Brent crude, rose nearly 2% despite a surprise increase in US crude...Continue Reading

Supply Risks Support Natural Gas Prices in the Near Term | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Aug 15, 2024, 11:00 AM CDT Planned maintenance in Norway, Europe’s top gas supplier, could increase gas and LNG prices this summer. Geopolitical tensions in the Middle...Continue Reading

Iraq Moves to Profit-Sharing Terms in New Oil and Gas Contracts | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 15, 2024, 10:40 AM CDT OPEC’s second-largest producer, Iraq, seeks to attract more investment in its oil and gas industry by moving to profit-sharing contracts...Continue Reading