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December 27, 2024
Asia Dominated Global IPO Landscape in 2024 | 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 – Dec 27, 2024, 4:00 PM CST Asian stock markets saw over...
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The shadow fleet of liquefied natural gas carriers transporting blacklisted Russian LNG has encountered a major setback, with at least one ship’s cargo traveling around the world, finding no buyers as the cargo was deemed too risky.  Bloomberg reports that an LNG carrier called “Pioneer,” carrying a sanctioned shipment of Russian LNG, circumnavigated the world...
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(Bloomberg) – Turkey said it wants to help increase oil and natural gas production in Syria, the latest step in Ankara’s overtures for deeper involvement in the reconstruction of the war-torn country. Source
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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 two weeks prior. The total rig count remained flat at 589 total rigs, according to Baker Hughes, down...
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Oil Moves up on Inventory Dip | 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 27, 2024, 12:16 PM CST Crude oil prices ticked slightly higher today after the U.S. Energy...
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Ukraine Gets Its First U.S. LNG Cargo via Greek Terminal | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 27, 2024, 11:30 AM CST Ukraine has taken delivery of its first U.S. LNG cargo at a Greek terminal as Ukraine and Europe look to bolster...
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India’s commitment to coal remains stronger than ever, and the government’s latest move to extend the mandate for coal-fired plants to run at full capacity until February 28 is proof of that. In a world where renewables may be slowly gaining ground, coal continues to power over 70% of India’s electricity needs. The mandate, which...
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Shell Closes Oil Unit at Singapore Refinery to Investigate Leak | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 27, 2024, 10:30 AM CST Shell has shut down one of its oil processing units at its refinery complex in Singapore to investigate a suspected leak...
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Golar LNG has acquired Seatrium’s and Black & Veatch’s minority ownership interests in the FLNG Hilli. The total consideration for the acquisitions is $90.2 million, of which $59.9m is in equity and $30.3 million is a pro-rata share in the existing FLNG Hilli debt facility. Source
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Oil Prices Rise on China Stimulus and Falling U.S. Inventories | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Dec 27, 2024, 10:00 AM CST Oil prices are on track to post a weekly gain on the back of China’s economic...
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