Shell will leverage Akselos’ Structural Performance Management (SPM) software to monitor the structural health of critical assets across the Shell portfolio in near real-time. Akselos’ SPM software will help enable Shell to optimize the lifecycle of critical assets safely and sustainably. SourceContinue Reading
Is China Losing Its Dominant Position in the Global Steel Market? | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Aug 28, 2024, 12:00 PM CDT China’s...Continue Reading
Libya’s oil production has more than halved this week — and risks taking close to 1 MMbpd off the global market — as the country’s fields reduce operations amid a stalemate over who controls the central bank. SourceContinue Reading
Output rose to a record 362.6 MMboe, as Beijing pushed for increased production from its state-owned drillers to enhance energy security amid rising geopolitical tensions. SourceContinue Reading
Qatar Reportedly Eyeing Stake in Germany’s Trapped Russian Refinery | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 28, 2024, 11:30 AM CDT Gas giant Qatar is reportedly in talks to purchase Russian Rosneft stake in German refinery PCK Schwedt, which has been under trusteeship...Continue Reading
Tesla’s Price Cuts Spark Surge in Used Electric Vehicle Sales | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 28, 2024, 11:00 AM CDT Tesla’s price cuts have led to a 70% increase in used EV sales in the first half of...Continue Reading
Ukraine Strikes 2 More Oil Depots Deep Into Russian Territory | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 28, 2024, 10:50 AM CDT The Ukrainian military claimed on Wednesday to have downed a Russian fighter jet over eastern Ukraine as Russia stepped up retaliation...Continue Reading
Oil Unmoved by Crude, Gasoline Draws | 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 28, 2024, 9:41 AM CDT Crude oil prices moved little after the U.S. Energy Information Administration reported...Continue Reading
Turkish Refinery Buying Russian Crude Set for 2-Month Maintenance | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 28, 2024, 9:30 AM CDT The STAR refinery on Turkey’s Aegean coast, which is a major buyer of Russia’s Urals crude, is set to begin planned maintenance...Continue Reading
Equinor Warns Windfall Tax May Discourage Its UK Investments | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Aug 28, 2024, 9:00 AM CDT Equinor is uncertain about future investments in the UK North Sea due to the Labour government’s proposed tax changes. The increased windfall...Continue Reading