CNOOC Limited and 80883 announced that Huizhou 26-6 Oilfield Development Project has commenced production. A total of 19 development wells are planned to be commissioned, including 2 oil production wells and 17 gas production wells. SourceContinue Reading
Norway Pauses Deep Sea Mining Plans | 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 02, 2024, 6:37 AM CST Norway’s cabinet is scrapping a licensing round for deep sea...Continue Reading
Saudi Arabia Regains Some Oil Market Share From Russia in Asia | 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 02, 2024, 5:03 AM CST Saudi Arabia’s oil exports to...Continue Reading
India Sees 9% Jump in Gasoline Consumption in November | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 02, 2024, 3:47 AM CST Gasoline sales in India hit 3.42 million metric tons in November, which was a 9.2% increase on the year, the Economic Times...Continue Reading
Poland Shuts Russian Oil Pipeline After Leak | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 02, 2024, 2:40 AM CST Poland has shut down a branch of the Druzhba pipeline after detecting a leak, Bloomberg reported on Sunday, citing Polish media and the local...Continue Reading
Oil Prices Rise on Demand Optimism | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Dec 02, 2024, 1:32 AM CST Crude oil prices started to trade this week with gains, driven higher...Continue Reading
The Critical Metal That Skyrocketed From $6,000 to $38,000 Per Ton | OilPrice.com Premium Content By Michael Scott – Dec 01, 2024, 6:00 PM CST The Pentagon just got a painful wake-up call. Its stockpiles of crucial armaments are depleting at a record pace as the war in Ukraine drags on, and its poorly armed...Continue Reading
OPEC+ May Be Facing Long-Term Production Cuts | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Dec 01, 2024, 4:00 PM CST Updated: Dec 01, 2024, 6:00 PM CST OPEC has had its...Continue Reading
Why Europe’s Hydrogen Economy Dreams Remain Just That | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Dec 01, 2024, 2:00 PM CST Around 62 MW of electrolyzer capacity was installed in the EU at the end of 2023....Continue Reading
Neom: Will Saudi Arabia’s Trillion-Dollar Desert Dream Ever Become a Reality? | 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 – Dec 01, 2024, 12:00 PM CST Neom’s initial...Continue Reading