How Libya’s Supply Outage Impacts Oil Markets | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Aug 27, 2024, 11:00 AM CDT Several oilfields across Libya have halted production as closures spread, engineers reported on...Continue Reading
Crude production grew to 1.41 MMbpd in the second quarter, compared with 1.22 MMbpd a year earlier. Daily oil production in Nigeria is expected to rise to about 2 MMbpd by the end of this year, Oritsemeyiwa Eyesan, executive vice president of the Nigerian National Petroleum Corp.’s upstream division, said last week. SourceContinue Reading
Neuron 5 uses advanced AI models and deep learning algorithms to predict maintenance needs and monitor equipment performance by interpreting data, such as pressure, temperature and vibration, received from sensors on critical equipment. SourceContinue Reading
Largest U.S Grid Faces Tough Test as Heat Wave Hits Midwest | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 27, 2024, 10:30 AM CDT The operator of the biggest U.S. power grid has issued hot weather and maximum generation alerts for the areas in...Continue Reading
Net-Zero Scenarios Underestimate Energy Demand Growth, Gas Union Says | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 27, 2024, 9:46 AM CDT The various decarbonization pathways and scenarios are likely underestimating the rate at which global energy consumption is rising, which could create a...Continue Reading
Libya Supply Outage Sparks Uncertainty in Oil Markets | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Aug 27, 2024, 9:39 AM CDT Oil prices started the week with a major spike on the back of Khalifa Haftar’s Benghazi-based government declaring a nationwide...Continue Reading
Goldman Sachs Cuts Its Expected Oil Price Range by $5 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Aug 27, 2024, 8:26 AM CDT Weaker Chinese demand, high inventories, and rising US shale production are leading to downward revisions in oil price forecasts. Goldman Sachs...Continue Reading
China’s Oil Giant CNPC Looking for Acquisition Targets Overseas | 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 – Aug 27, 2024, 8:05 AM CDT China National Petroleum Corporation (CNPC) and its...Continue Reading
Libya’s Oil Production Shutdown Is Underway | 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 – Aug 27, 2024, 7:00 AM CDT Oil production at several Libyan oilfields was halted on Tuesday...Continue Reading
Low Hydro Storage Forces New Zealand to Boost Fossil Fuel Power 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 – Aug 27, 2024, 6:00 AM CDT Low hydro storage following...Continue Reading
