Russia’s own data show its crude production in September fell just below its monthly target under the OPEC+ deal, according to people familiar with figures from the country’s Energy Ministry. SourceContinue Reading

Net Zero by 2050: UK’s Carbon Capture Push Gets £22 Billion Boost | 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 – Oct 04, 2024, 4:00 PM CDT...Continue Reading

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. SourceContinue Reading

Will EU’s EV Tariffs Ignite a Global Trade War? | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Oct 04, 2024, 2:00 PM CDT The EU has approved tariffs of up to 45% on Chinese-made electric vehicles following an anti-subsidy investigation. This decision...Continue Reading

Petrobras has confirmed a significant gas discovery in Colombia’s Guajira offshore basin, estimating the potential reserves at around 6 trillion cubic feet. SourceContinue Reading

Colombia’s Ecopetrol SA discovered an offshore natural gas deposit that could potentially produce up to 800 MMcfgd, according to Chief Executive Officer Ricardo Roa. SourceContinue Reading

IDEC Corporation has updated its SmartAXIS touch family with the new FT1J Series combined PLC+HMI, building on the success of the FT1A-C and -M Series 3.8” PLC+HMIs SourceContinue Reading

Brazil’s state-controlled oil company is nearing a deal with government regulators allowing it to move forward with plans to redevelop a massive deep-water field that could reinvigorate the nation’s stalled output. SourceContinue Reading

Oil Rig Count Drops as Oil Prices See Strongest Weekly Gain Since 2022 | 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 Premium Content By Julianne Geiger – Oct 04, 2024, 12:10 PM CDT The total number of...Continue Reading

The U.S. Supreme Court refused for now to halt a Biden administration crackdown on methane emissions from oil wells, tanks and pipelines. SourceContinue Reading