Kistos, an independent energy company focused on generating value across the upstream and midstream markets, noted an announcement made today by Vår Energi, the operator of the Balder Area, regarding the tow-out of the Jotun FPSO from the Worley Rosenberg yard in Stavanger, Norway.  SourceContinue Reading

Gulf Marine Services (GMS), a leading provider of self-propelled, self-elevating support vessels to the offshore energy industry, has secured three-year contract extensions with a major National Oil Company (NOC) in the Middle East for two of its vessels. SourceContinue Reading

Fulkrum announced today the successful completion of its vendor surveillance work for Shell’s pioneering Penguins project. The six-figure contract, secured in March 2020, spanned five years and has now reached completion, with the project officially in production. SourceContinue Reading

Just 36 Companies Responsible for Half of Global Emissions | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Mar 14, 2025, 6:00 PM CDT A recent analysis shows...Continue Reading

Armenia and Azerbaijan appear to have resolved their differences on two negotiating points, clearing the way for the signing of a peace agreement that would end more than 35 years of conflict.  Armenia’s Ministry of Foreign Affairs announced March 13 that “the text of the Peace Agreement has been agreed upon.” The statement added that...Continue Reading

Harold Hamm Sounds the Alarm: Low Oil Prices Could Shut Down US Shale | 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 – Mar 14, 2025, 2:10 PM CDT Shale titan Harold Hamm...Continue Reading

China, Russia, and Iran Demand End to U.S. Sanctions on Tehran | 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 – Mar 14, 2025, 2:00 PM CDT China,...Continue Reading

CERAWeek: Alaska LNG Pressing Full Steam Ahead | 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 – Mar 14, 2025, 1:30 PM CDT Alaska’s LNG project is back in the spotlight with a...Continue Reading

The total number of active drilling rigs for oil and gas in the United States held steady this week, according to new data that Baker Hughes published on Friday, following a 1-rig decrease in the week prior. The total rig count in the US stayed at 592 rigs, according to Baker Hughes, down 37 from...Continue Reading

Barclays Slashes Oil Price Forecast on 500,000 Bpd Demand Growth Cut | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Mar 14, 2025, 11:00 AM CDT Barclays sees Brent Crude prices at $74 per barrel this year. Barclays expects U.S. crude oil production to increase by...Continue Reading