SLB has announced the launch of Neuro™ autonomous geosteering, a tool designed to dynamically responds to subsurface complexities to drill more efficient, higher-performing wells, while reducing the carbon footprint of the drilling operations. SourceContinue Reading

Oil prices climbed by more than 1% on Monday after China unveiled plans to adopt its first loosened monetary policy stance since 2010 as it looks to boost economic growth. Brent crude for February delivery was up 1.52% to trade at $72.21 per barrel at 10.00 am ET while the WTI crude January contract gained...Continue Reading

Germany’s Power Prices Rise as Market Tightens | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 09, 2024, 9:30 AM CST Germany’s power margin, the available electricity supply to meet demand, is set to drop this week to the lowest level so far this winter,...Continue Reading

The 2024 China-Africa Think Tank Energy Forum recently convened in Chad’s capital, N’Djamena, where over 70 delegates discussed China-Africa collaboration in oil and gas, the energy transition and partnership opportunities. SourceContinue Reading

Iran’s Uranium Enrichment Surge Sparks International Concern | 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 09, 2024, 9:00 AM CST Iran is significantly increasing its...Continue Reading

ADNOC has signed a second Sales and Purchase Agreement (SPA) for the lower-carbon Ruwais liquified natural gas (LNG) project, with Malaysia’s Petronas. The 15-year SPA is for supplying 1 million tonnes per annum (mtpa) of LNG. SourceContinue Reading

BP Merges Offshore Wind Business in $5.8 Billion Joint Venture With JERA | 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 09, 2024, 8:30 AM CST BP has decided to...Continue Reading

Kuwait’s Oil Firm Looks to Boost Indonesia Offshore Exploration | 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 09, 2024, 7:30 AM CST Kuwait Foreign Petroleum Exploration Company (KUFPEC) plans...Continue Reading

Equinor Exits Nigeria and Azerbaijan With $2 Billion of Asset Sales | 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 09, 2024, 6:30 AM CST Equinor has exited the upstream...Continue Reading

Nuclear Power Wouldn’t Be a Cost-Effective Solution for Australia | 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 09, 2024, 5:15 AM CST The possibility of Australia using nuclear power...Continue Reading