(Bloomberg) – Libya is planning its first tender for energy exploration contracts since 2011’s civil war, as the OPEC member looks to bring back oil majors spooked by years of instability and production shutdowns. SourceContinue Reading

Australia’s Rare Earth Supply Chain Faces Major Disruptions | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Nov 05, 2024, 1:00 PM CST Supply chain disruptions in...Continue Reading

Oil Operators In GoM Begin Evacuations Ahead Newest Tropical Storm | 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 – Nov 05, 2024, 1:00 PM CST Oil companies are beginning to evacuate personnel...Continue Reading

Orsted has hiked its full-year earnings guidance as the Danish group’s offshore wind projects drove profits upward in the first nine months of the year. Full-year earnings before interest, taxation, depreciation and amortisation (EBITDA) is expected to come in at between DKK 24bn to 26bn (£2.6bn to £2.9bn), narrowed from a prior forecast of 23bn...Continue Reading

(Bloomberg) – Chevron Corp. has expanded its exploration acreage in African oil producers including Nigeria and Angola, where it sees the potential for a production revival despite years of decline.  SourceContinue Reading

Nighthawk Completion Services has received a majority investment and growth equity commitment from an investor group led by Bruce Ross, including Backcast Partners and certain energy service executives. SourceContinue Reading

Iran’s Oil Supply to China Most Expensive in Five Years As Loadings Fall | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 05, 2024, 11:30 AM CST Iran’s crude oil going to China these days is priced at its narrowest discount to Brent in five...Continue Reading

Foreign Interference Threatens U.S. Election Integrity, Officials Warn | 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 – Nov 05, 2024, 11:00 AM CST U.S. intelligence and security...Continue Reading

Geopolitical Risks Boost Oil Hedging to Record Highs | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 05, 2024, 10:30 AM CST Traders and investors traded record-high numbers of options and futures contracts in October, seeking to profit from the oil market volatility and protect...Continue Reading

Lower oil prices and subsidies for domestic refiners resulted in a 29% annual plunge in Russia’s oil revenues in October, Bloomberg’s estimates based on official government data showed on Tuesday. In October, international oil prices and the price of Russia’s flagship crude, Urals, slumped compared to the same month of 2023. This eroded Russian revenues...Continue Reading