Visualizing the Renewable Energy Landscape Across G20 Countries | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 27, 2024, 12:00 PM CDT Brazil leads the G20 in renewable electricity generation with 89% of its power coming from renewable sources, primarily hydro, solar,...Continue Reading

SLB’s new methodology for quantifying the probability and potential impact of carbon leakage helps customers understand the risks associated with each well, informing remediation strategies and ultimately estimating the project’s long-term viability. SourceContinue Reading

Mexico’s President-elect Claudia Sheinbaum appointed energy economist Victor Rodriguez Padilla to lead state-owned oil driller and refiner Petroleos Mexicanos as her administration looks to revive the company’s flagging production and trim its nearly $100 billion debt burden. SourceContinue Reading

Production at the El-Feel field in southwestern Libya has stopped, according to people familiar with the matter, while local operators are indicating they’ll gradually halt pumping nationwide. The move to freeze all production and exports announced Monday by the eastern Libyan authorities came in response to a decision by the internationally recognized government in the...Continue Reading

Norway’s Natural Gas Exports Surge in 2024 | 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 27, 2024, 11:30 AM CDT Norway’s gas exports are soaring so far this year. So...Continue Reading

How Libya’s Supply Outage Impacts Oil Markets | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Aug 27, 2024, 11:00 AM CDT Several oilfields across Libya have halted production as closures spread, engineers reported on...Continue Reading

Crude production grew to 1.41 MMbpd in the second quarter, compared with 1.22 MMbpd a year earlier. Daily oil production in Nigeria is expected to rise to about 2 MMbpd by the end of this year, Oritsemeyiwa Eyesan, executive vice president of the Nigerian National Petroleum Corp.’s upstream division, said last week. SourceContinue Reading

Neuron 5 uses advanced AI models and deep learning algorithms to predict maintenance needs and monitor equipment performance by interpreting data, such as pressure, temperature and vibration, received from sensors on critical equipment. SourceContinue Reading

Largest U.S Grid Faces Tough Test as Heat Wave Hits Midwest | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 27, 2024, 10:30 AM CDT The operator of the biggest U.S. power grid has issued hot weather and maximum generation alerts for the areas in...Continue Reading

Net-Zero Scenarios Underestimate Energy Demand Growth, Gas Union Says | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 27, 2024, 9:46 AM CDT The various decarbonization pathways and scenarios are likely underestimating the rate at which global energy consumption is rising, which could create a...Continue Reading