This year, KOC proudly celebrates its 90th anniversary. Over nine decades, it has reached numerous milestones, establishing itself at the forefront of the global oil and gas industry, a position it has sustained across generations. SourceContinue Reading

Crude oil prices fluctuated today after the Energy Information Administration reported an estimated inventory decline of 1.4 million barrels for the week to December 6. In fuels, however, the EIA estimated sizable builds. The crude oil inventory figure compared with a draw of 5.1 million barrels for the previous week that pushed prices higher for...Continue Reading

Russian Gas Flows to Europe Remain Stable Days Before Ukraine Transit Deal Ends | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 11, 2024, 9:30 AM CST Russian pipeline natural gas supply to Europe via Ukraine remained stable on Wednesday, three weeks before the deal...Continue Reading

The Lithium Glut Could Persist Until 2027 | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Dec 11, 2024, 9:00 AM CST Lithium prices have dropped sharply, prompting production curtailments in...Continue Reading

GD Energy Products (GDEP), a total solutions provider for the frac, drilling, and well servicing pumps market, has appointed David Paradis as its new CEO. SourceContinue Reading

Sunda Energy has entered into a non-binding Letter of Intent (LOI) with an international drilling contractor for the use of a jackup drilling rig for the appraisal drilling campaign on the Chuditch Field, offshore Timor-Leste. SourceContinue Reading

Russia’s Yamal LNG Deploys New Tanker for Barents Sea Transshipments | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 11, 2024, 8:30 AM CST Yamal LNG, the plant of Russian LNG developer and exporter Novatek, has begun using the Axios II tanker for ship-to-ship transfers...Continue Reading

Acadia and Microsoft Plan $9 Billion Worth of U.S. Renewable Energy Projects | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Dec 11, 2024, 7:35 AM CST U.S. clean energy investor...Continue Reading

Germany’s Gas Use and Power Prices Jump Amid Weak Wind Generation | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Dec 11, 2024, 6:38 AM CST Intraday power prices in Germany...Continue Reading

Nigeria’s Oil Production Hit a 2024 High of 1.7 Million Bpd in November | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Dec 11, 2024, 5:30 AM CST Nigeria’s oil production...Continue Reading