Fuel Theft Surge Drains Ecuador’s Oil Industry | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Dec 16, 2024, 5:00 PM CST Fuel theft by organized criminal gangs is reducing the revenues for Petroecuador and, consequently, for the state. Ecuador’s production boomed between 2006 and 2014...Continue Reading

Vitesse Energy has announced a definitive agreement to acquire Lucero Energy in an all-stock transaction valued at $222 million. The addition of Lucero’s operations will enable Vitesse to expand its assets across the Bakken shale region. SourceContinue Reading

Can the U.S. Capitalize on Europe’s Clean Tech Missteps? | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – Dec 16, 2024, 4:00 PM CST The bankruptcy of...Continue Reading

EU To Beef Up Energy Security As Ukraine Gas Deal Ends | 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 – Dec 16, 2024, 3:30 PM CST European Union nations on Monday will discuss preparations for the winter with Ukraine...Continue Reading

ExxonMobil has named Tenaris its 2024 Supplier of the Year, recognizing the company’s performance, competitiveness and high standards as consistent with ExxonMobil’s values and expectations. SourceContinue Reading

What Would Peace in Ukraine Actually Look Like? | 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 – Dec 16, 2024, 3:00 PM CST A potential Ukraine peace...Continue Reading

Following an announcement that the UK and Norway governments have agreed to support a new Green Industrial Partnership that will combine their capabilities on clean energy and drive economic growth, OEUK published a response. SourceContinue Reading

Two Russian Oil Tankers Spill Oil Into Black Sea After Running Aground | 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 – Dec 16, 2024, 2:30 PM CST Two Russian oil tankers believed to have drifted before running aground offshore...Continue Reading

In 2021, Goldman Sachs declared copper “the new oil”, highlighting its essential role in clean energy technologies. Two years later, the IMF forecasted that copper demand will rise by over 66% from 2020 to 2040 as the world transitions away from oil. In this graphic, Visual Capitalist’s Marcus Lu illustrates how copper demand is projected...Continue Reading

Germany To Shut Down Key LNG Terminal In 2025 | 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 – Dec 16, 2024, 1:30 PM CST Germany will shut down its Wilhelmshaven LNG terminal in the first quarter of 2025, with...Continue Reading