This digital twin can increase production by roughly 1%. After two years of tests, the technology developed by the Brazilian company ESSS, based in Florianópolis (Santa Catarina), was validated and is ready for use. SourceContinue Reading
A Strong HODLing Trend Emerges in Bitcoin | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 19, 2024, 11:00 AM CDT Bitcoin Magazine Pro: nearly 75% of all circulating Bitcoin has remained dormant for over six months. This strong HODLing behavior reflects...Continue Reading
The Scarborough Energy Project has all primary environmental approvals in place, and offshore work is progressing well. The Federal Court proceedings sought an injunction to stop offshore activities for the Scarborough Energy Project. The parties have agreed to seek orders from the Court to dismiss the proceedings. SourceContinue Reading
Staatsolie believes that Block 59 has “enormous investment and risk” opportunities, as the area sits in close-proximity to other highly-anticipated deepwater finds and in part of the greater Guyana-Surniame basin. The offshore region is quickly becoming the most-watched oil and gas development, as it boasts billions of barrels of recoverable resources. SourceContinue Reading
U.S. Gasoline Prices Fall to Lowest Since March, Diesel Hits Multi-Year Lows | 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 – Aug 19, 2024, 10:30 AM CDT U.S. drivers are seeing relief...Continue Reading
Argo Cassiopea plays a central role in Eni’s strategy to increase the use of domestic natural gas for energy security and as a low-emission source. Argo Cassiopea’s reserves are estimated at around 10 Bcmg, with peak annual production expected to 1.5 Bcmg. SourceContinue Reading
European Natural Gas Price Rally Loses Momentum | 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 – Aug 19, 2024, 10:00 AM CDT The big rally in Europe’s natural gas prices that kicked off in July appears to have run...Continue Reading
German Politician Looks to Revive Russian Oil Imports | 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 – Aug 19, 2024, 9:30 AM CDT Sara Wagenknecht, founder of Germany’s ultra-left party BSW, has...Continue Reading
Niger Aims to Become Major Oil Exporter | 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 – Aug 19, 2024, 9:00 AM CDT Niger has restarted oil exports following a resolution with Benin over a border dispute that had halted...Continue Reading
Russia Reiterates Claims of U.S. Involvement in Nord Stream Explosions | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Related News By Alex Kimani – Aug 19, 2024, 7:51 AM CDT Russia’s Foreign Minister Sergei Lavrov has claimed that the United States issued the order...Continue Reading
