Nigerian National Petroleum Corp. (NNPC) and partners including Shell, TotalEnergies and Agip struck a landmark deal to sell gas to the methanol-manufacturing project of the country’s Brass Fertilizer & Petrochemical Co. Ltd. SourceContinue Reading

The U.S. broadened the scope of its sanctions on Iran’s oil and gas sectors in response to a ballistic-missile attack on Israel, ramping up economic pressure on Tehran. SourceContinue Reading

The New Oil? Rare Earths Spark Global Power Play | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Oct 11, 2024, 4:00 PM CDT The rare earths market is experiencing a period of significant volatility, driven primarily by China’s recent export...Continue Reading

Shelf Drilling, Ltd. has secured new contracts for two jack-up rigs in offshore Nigeria, paving the way for a fully executed three-year contract for the Achiever jack-up rig, and expanding their operations in West Africa. SourceContinue Reading

Eni SpA has received significant interest for its next FLNG project in Mozambique, even as international lenders face growing pressure to reduce exposure to fossil fuels. SourceContinue Reading

Iran’s Oil Exports: On a Slow Boat to Nowhere | 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 – Oct 11, 2024, 12:30 PM CDT Iran’s crude oil exports have dramatically slowed in...Continue Reading

U.S. Oil Drilling Activity Inches Up | 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 11, 2024, 12:10 PM CDT The total number of active drilling rigs for oil and gas...Continue Reading

ExxonMobil Guyana plans to increase output from its Stabroek block offshore Guyana by 18,000 bpd once it has completed risk assessments and received approval from local authorities SourceContinue Reading

Tripling Renewable Energy Capacity by 2030 Will Require $1.5 Trillion Per Year | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 11, 2024, 11:30 AM CDT The world’s progress to reach the goal of tripling renewables capacity by 2030 is falling short and needs another...Continue Reading

Houthi Havoc: Oil Flows Shift as Ships Avoid Red Sea | 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 11, 2024, 11:00 AM CDT Crude oil and oil product flows through...Continue Reading