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Subsea7 has secured a contract in the U.S. Gulf of Mexico for an offshore project involving the installation of critical subsea infrastructure. Source
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Saudi Arabia is expected to put less money into the oil industry than initially predicted in its goal to invest $1 trillion in strategic sectors by the end of the decade. Source
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A second liquefied natural gas tanker left an export terminal in northern Russia that’s subject to U.S. sanctions, ship-tracking data show. Source
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MOL Pakistan has announced three new gas discoveries in the TAL Block through the Razgir-1 exploratory well. Source
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Oil Baron Autry Stephens Dies at 86 | 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 16, 2024, 3:00 PM CDT The richest oilman in the United States has died, according...
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The Railroad Commission of Texas (RRC) has imposed more than $2 million in fines on operators and businesses for violations within the state’s oil and gas industry. Source
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China’s Steel Industry Braces for Painful Consolidation | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 16, 2024, 2:00 PM CDT China Baowu Steel Group, the world’s leading steel producer, anticipates a “harsh winter” for the steel industry, characterized by a prolonged...
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Guyana Anticipates Seventh Exxon Oil Project Development Plan in Early 2025 | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Aug 16, 2024, 1:00 PM CDT Guyana expects to receive the development plan for Exxon’s seventh oil project offshore the South...
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U.S. Oil and Gas Rig Count Falls for Second Week | 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 Premium Content By Julianne Geiger – Aug 16, 2024, 12:27 PM CDT The total number of active oil and...
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EU Tariffs Force China to Seek New Biodiesel Markets | OilPrice.com Josh Owens Josh Owens is the Content Director at Oilprice.com. An International Relations and Politics graduate from the University of Edinburgh, Josh specialized in Middle East and… More Info Related News By Josh Owens – Aug 16, 2024, 11:30 AM CDT China is looking...
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