The offshore gas platform was reportedly utilized for GPS spoofing to disrupt civilian navigation. A Ukrainian Navy spokesman emphasized that the platform was not in civilian use, and no civilians were present at the time of the attack. SourceContinue Reading
Equinor’s exit from Suriname is part of a broader strategy, having exited about 20 countries in recent years, including South Africa, Mexico, and Russia, the latter due to the invasion of Ukraine. SourceContinue Reading
The extension from October provides firm revenue backlog of approximately $24.3-34.2 million, with the option to extend for an additional well, potentially adding a further approximately $26.9-36.9 million. SourceContinue Reading
Shale accounted for 52% of YPF’s second-quarter production of the equivalent of 539,000 bopd, up from 45% in the same period last year. Industry plans that it’s spearheading for a new shale oil pipeline are also accelerating, with drillers already negotiating to fill two thirds of capacity. SourceContinue Reading
The Penguins FPSO is a Sevan 400 design with a process capacity of 45,000 bpd and with a storage capacity of 400,000 bbls. The FPSO has been contracted by Fluor and constructed in China, with completion and commissioning at Aibel’s yard in Haugesund, Norway, before handed over to Penguins field operator Shell UK. SourceContinue Reading
The Economic and Environmental Advantages of Embracing Natural Gas | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 11, 2024, 2:00 PM CDT Natural gas is a key driver of economic growth, energy security, and environmental progress in Pennsylvania and the United...Continue Reading
Geopolitical Tensions Are Transforming the Rare Earth Market | OilPrice.com Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Premium Content By Rystad Energy – Aug 11, 2024, 12:00 PM CDT China’s dominance in the...Continue Reading
The Rise of Robotics in the Energy Sector | 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 – Aug 11, 2024, 10:00 AM CDT Robots are set to transform...Continue Reading
How Hezbollah Is Exploiting Cocaine, Corruption, and Chaos in Venezuela | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Aug 10, 2024, 6:00 PM CDT Hezbollah operates...Continue Reading
U.S. Oil Industry Pumps Record Volumes with Fewer Workers | 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 – Aug 10, 2024, 4:00 PM CDT The number of upstream and oilfield services...Continue Reading
