Weatherford has announced two contracts in the Middle East, with Kuwait Oil Company (KOC) and a National Oil Company (NOC) in Qatar. The contracts will implement Weatherford’s drilling technologies for enhanced safety, speed, and cost-efficiency in well delivery. SourceContinue Reading

The latest data from this year’s OEUK Decommissioning Report being published later this month show a challenging picture of spiraling costs, political uncertainty and competition for the specialist equipment needed to dismantle oil and gas platforms and seal abandoned wells. SourceContinue Reading

Gas Reliance Persists as Europe Faces Winter Energy Crunch | 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 – Nov 06, 2024, 5:00 PM CST Europe’s energy security remains closely tied to natural gas....Continue Reading

China Braces for Economic Uncertainty as Trump Returns to White House | 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 – Nov 06, 2024, 4:00 PM CST Trump’s...Continue Reading

Russia Tells Europe To Negotiate With Ukraine For Gas Transit Deal | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Nov 06, 2024, 3:30 PM CST Russia has said it’s willing to continue supplying gas to Europe via Ukraine...Continue Reading

Four entities in Central Asia have been added to the US Treasury Department’s sanctions list, accused of providing machine tools and other dual-use equipment to Russia via China in violation of US rules barring trade that can support the Kremlin’s war effort in Ukraine. The four entities, one from Kazakhstan, one from Kyrgyzstan and two...Continue Reading

At an all-hands meeting last week, Mark Zuckerberg reportedly told Meta workers that plans to build an AI data center powered by nuclear energy were scrapped after rare bees were discovered on the proposed site. Meta’s proposed AI data center project with an existing nuclear power plant operator fell apart over environmental and regulatory challenges,...Continue Reading

Former President Donald J. Trump will be President again, come Jan. 20, 2025, after his historic comeback win in the U.S. presidential election of Nov. 5, which extended into the wee hours of Nov. 6. SourceContinue Reading

Trump’s Victory Signals a Shift in Global Power Dynamics | 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 – Nov 06, 2024, 1:00 PM CST EU officials are...Continue Reading

Mexico’s new government has announced that its energy policies include boosting state-owned national power company CFE while also setting rules for private electricity producers, including those generating clean energy. Speaking at a press conference alongside President Claudia Sheinbaum, energy Minister Luz Elena Gonzalez has revealed that private power producers will be able to generate renewable...Continue Reading