The license partnership, which includes operator Equinor, is studying a tieback of Heisenberg to nearby offshore infrastructure, potentially jointly coordinated with the development of other recent discoveries in this highly prolific area surrounding the Troll and Gjøa production hubs. DNO has a strong area position. SourceContinue Reading

Will China’s New Stimulus Package Be Enough? | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Sep 24, 2024, 1:00 PM CDT China has unveiled its largest...Continue Reading

The two countries have overlapping claims to the seabed north of Alaska, Yukon and Northwest Territories, which is thought to contain significant oil reserves. The Arctic is also a region that has become increasingly accessible and has drawn greater interest from Russia and China. SourceContinue Reading

The Norwegian oil major has secured suppliers to build a floating production vessel, drill production wells and install sea-bed infrastructure. Valaris earlier this year won a $498 million contract to drill wells for the project, known as Raia. The project will cost an estimated $9 billion and could supply 15% of Brazilian gas demand when...Continue Reading

Blackouts Plague Tajikistan as Energy Promises Fall Short | 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 – Sep 24, 2024, 12:00 PM CDT Tajikistan has announced that...Continue Reading

Goldman Sees Upside for Oil Prices Amid Supply Concerns | 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 – Sep 24, 2024, 11:30 AM CDT Goldman Sachs expects Brent crude oil prices to...Continue Reading

Russia Budgets for Lower Oil Prices for Longer | 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 – Sep 24, 2024, 11:00 AM CDT Russia is preparing for lower oil revenues resulting from depressed...Continue Reading

Libya’s Oil Exports Crash to 400,000 Bpd as Political Row Stalls Output | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 24, 2024, 10:30 AM CDT Crude oil exports from Libya have crumbled to around 400,000 barrels per day (bpd) this month from 1 million...Continue Reading

Coal’s Resurgence Challenges Global Energy Transition | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Sep 24, 2024, 10:00 AM CDT Global coal consumption and production hit record levels in 2023, with China leading the way in both consumption and production. The Asia-Pacific...Continue Reading

The U.S. Is the World’s Top Gasoline Exporter | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 24, 2024, 9:30 AM CDT The United States is exporting gasoline more than any other nation in the world, supplying more than 16% of all exports of the...Continue Reading