Oil Prices Up 2% As Gulf Coast Producers Grapple With Tropical Storm | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Related News By Michael Kern – Sep 12, 2024, 5:14 AM CDT Oil prices climbed 2% early Thursday morning as Tropical Storm Francine landed on the...Continue Reading
Kpler Predicts Oil Surplus to Persist Despite OPEC+ Output Caps | 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 – Sep 12, 2024, 3:00 AM CDT Crude oil production will continue to outpace demand...Continue Reading
Kamala Harris’ Real Stance on Fracking | OilPrice.com Dan Doyle Dan Doyle is president of Reliance Well Services, a hydraulic fracturing company based in Pennsylvania. More Info Premium Content By Dan Doyle – Sep 11, 2024, 7:00 PM CDT Recent US presidential elections are at least consistent. Two in a row have been fabricated pileups...Continue Reading
Personnel have been evacuated from a total of 171 production platforms, 46% of the 371 manned platforms in the Gulf of Mexico. Evacuations have also commenced from three non-dynamically positioned rigs, equivalent to 60% of the five rigs of this type currently operating in the Gulf. A total of four DP rigs have moved off...Continue Reading
The Crown Prince of Abu Dhabi has endorsed his state-owned energy company, Abu Dhabi National Oil Company (ADNOC), endorsed the company’s innovative Artificial Intelligence and Digital Technology (AIDT) strategy, ENERGYai. SourceContinue Reading
by extending safe operating windows, Akselos can help operators avoid over $100 million in lost production by potentially avoiding unnecessary dry dock. The software also allows FPSO operators to extend the operational life of assets by removing unwanted and overly conservative fatigue estimates, powered by the Akselos RB-FEA technology. SourceContinue Reading
The 225,000 bpd Almirante Tamandare production vessel is on route and set to arrive in Brazil this year, and a similar unit is near completion at a Chinese shipyard and will arrive in 2025. SBM is also waiting for Petrobras to re-launch a tender for two FPSOs for an offshore project in the Sergipe-Alagoas basin....Continue Reading
OPEC Production Policies Could Complicate Relationship with Big Oil | 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 – Sep 11, 2024, 6:00 PM CDT OPEC+ has delayed the rollback of production cuts, maintaining...Continue Reading
Demand Concerns Dictate Oil Prices Amid Stable Supply | 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 – Sep 11, 2024, 5:00 PM CDT oil has shown remarkable resilience to geopolitical risks...Continue Reading
Can Namibia Unlock Its Vast Oil Reserves? | OilPrice.com Antonio Garcia Dr. Antonio García is a lecturer in finance at the University of Almería (UAL) and EMBA candidate at the EAE Business School. His academic includes… More Info Premium Content By Antonio Garcia – Sep 11, 2024, 4:30 PM CDT Namibia, once considered a frontier...Continue Reading