READ (including subsidiaries READ Cased Hole and ANSA) has announced a new chapter in their corporate evolution within global well-integrity services and solutions. SourceContinue Reading

Putin’s Peace Overture: A Calculated Strategy or Genuine Desire for Resolution? | 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 20, 2024, 4:00 PM CST Putin...Continue Reading

Via Metal Miner   Difficult market conditions have prompted Romanian steel industry leader ArcelorMittal Hunedoara to reduce production until year’s end. According to a notice provided to the Bucharest Stock Exchange, the longs producer’s board of directors decided to reduce production from December 9-31 and pay 75% of salaries to employees impacted by the steps....Continue Reading

Data Centers Are Eating the Grid Alive | 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 – Dec 20, 2024, 12:30 PM CST The future of data centers is about to make a...Continue Reading

The total number of active drilling rigs for oil and gas in the United States stayed the same again this week, according to new data that Baker Hughes published on Friday, after seeing no change in the week prior. The total rig count remained flat at 589 total rigs, according to Baker Hughes, down 31...Continue Reading

The Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in upstream employment in Texas in the month of November following five months of consecutive growth. SourceContinue Reading

It’s happened again. The Druzhba pipeline—Russia’s aging oil lifeline to Europe—has gone silent, leaving Hungary, Slovakia, and the Czech Republic without their usual crude oil fix. According to sources, the culprit is a “technical issue” at a Russian pumping station in the Bryansk region. Transneft, the pipeline’s operator, has yet to speak on the issue,...Continue Reading

EU Ready to Discuss Closer Energy Ties with US under Trump | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 20, 2024, 10:30 AM CST The European Union is prepared to discuss with U.S. President-elect Trump boosting economic ties, including in the energy sector, an...Continue Reading

The annual average natural gas demand at U.S. LNG export plants is on track to inch down this year for the first decline since America began exporting LNG in 2016, according to data from LSEG cited by Reuters. Outages at some LNG facilities and delays to the construction of new plants are likely to slightly...Continue Reading

Turkey Gets Waiver to Pay for Russian Gas via Sanctioned Gazprombank | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 20, 2024, 9:30 AM CST Turkey has obtained a waiver from the United States to pay for natural gas to Russia via the now-sanctioned Russian...Continue Reading