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August 19, 2024
UN Watchdog Warns of Potential Nuclear Disaster at Zaporizhzhia | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 19, 2024, 12:00 PM CDT The UN’s nuclear watchdog warns of an increasing risk of a nuclear accident at the Zaporizhzhia nuclear power plant...
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Libyan Central Bank Kidnapping Highlights Oil Wealth Rivalry | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 19, 2024, 11:30 AM CDT After the kidnapping of one of its employees and a rival government attempt to oust its head, the Libyan Central Bank on Monday...
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The first three of the seven Nong Yao C development wells were opened up for oil production on Aug. 15, 2024, with additional wells to be brought online successively thereafter. Valeura intends to sustain Nong Yao production rates at approximately 11,000 bpd for the remainder of the year 2024. Source
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This digital twin can increase production by roughly 1%. After two years of tests, the technology developed by the Brazilian company ESSS, based in Florianópolis (Santa Catarina), was validated and is ready for use. Source
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A Strong HODLing Trend Emerges in Bitcoin | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 19, 2024, 11:00 AM CDT Bitcoin Magazine Pro: nearly 75% of all circulating Bitcoin has remained dormant for over six months. This strong HODLing behavior reflects...
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The Scarborough Energy Project has all primary environmental approvals in place, and offshore work is progressing well. The Federal Court proceedings sought an injunction to stop offshore activities for the Scarborough Energy Project. The parties have agreed to seek orders from the Court to dismiss the proceedings. Source
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Staatsolie believes that Block 59 has “enormous investment and risk” opportunities, as the area sits in close-proximity to other highly-anticipated deepwater finds and in part of the greater Guyana-Surniame basin. The offshore region is quickly becoming the most-watched oil and gas development, as it boasts billions of barrels of recoverable resources. Source
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U.S. Gasoline Prices Fall to Lowest Since March, Diesel Hits Multi-Year Lows | 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 19, 2024, 10:30 AM CDT U.S. drivers are seeing relief...
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Argo Cassiopea plays a central role in Eni’s strategy to increase the use of domestic natural gas for energy security and as a low-emission source. Argo Cassiopea’s reserves are estimated at around 10 Bcmg, with peak annual production expected to 1.5 Bcmg. Source
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European Natural Gas Price Rally Loses Momentum | 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 19, 2024, 10:00 AM CDT The big rally in Europe’s natural gas prices that kicked off in July appears to have run...
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