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October 3, 2024
U.S. Jet Fuel Demand Has Fully Recovered To Pre-Covid Levels | 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 – Oct 03, 2024, 5:00 PM CDT U.S. jet fuel demand has fully recovered to pre-COVID levels, averaging 1.852 million barrels...
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Libya Looks to Diversify Its Energy Mix | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Oct 03, 2024, 4:00 PM CDT Libya is focusing on developing its...
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Libya has resumed oil production, restoring hundreds of thousands of barrels a day to global markets after an embargo was lifted by the country’s eastern government. The move follows an easing of a political standoff that had sharply reduced output from the OPEC member. Source
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Malaysia is expanding oil and gas exploration in the disputed South China Sea despite pressure from Chinese vessels that have maintained a constant presence in waters where both sides have overlapping claims, according to a new report. Source
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1PointFive, a subsidiary of Occidental, has secured $36 million in funding from the U.S. Department of Energy (DOE) to develop two carbon sequestration hubs in Texas and Louisiana. Source
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The Houston-based offshore drilling services provider is working with advisers to gauge interest from potential buyers, according to the people, who asked not to be identified discussing confidential information. Source
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Viper Energy Inc., a subsidiary of Diamondback Energy Inc., has announced that it completed the previously announced acquisition of certain mineral and royalty interest-owning subsidiaries of Tumbleweed Royalty IV LLC. Source
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TÜV Rheinland has acquired Safetec Nordic AS, a leading Norwegian risk management consulting firm, to enhance its global risk, safety, and integrity management services. Source
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Nigeria hopes to attract as much as $10 billion of new investments in deep-water gas exploration through tax breaks and other measures proposed in a new policy framework for the industry, according to a government official. Source
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South Caucasus Faces Urgent Environmental Challenges | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Oct 03, 2024, 3:00 PM CDT Environmental challenges, primarily soil erosion, deforestation, and unplanned...
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