Electromagnetic Geoservices (EMGS) announced they have signed a contract with an undisclosed client for a controlled source electro-magnetic (CSEM) survey in India. The survey is expected to have a contract value of approximately USD 10 million, including mobilization fee. SourceContinue Reading
North Africa’s main oil producer, Libya, is again making headlines, mainly in light of OPEC’s ongoing market struggles. At the same time, Europeans are looking at the OPEC member as a potential source for their energy-hungry industries. After Europe’s energy crisis, mainly caused by Russia’s invasion of Ukraine, the Southern Mediterranean is back on the...Continue Reading
Russia to Lift Gasoline Export Ban Earlier Than Planned | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 22, 2024, 10:30 AM CST Russia’s government plans to lift the gasoline export ban earlier than current plans at the end of the year, Russian Deputy Prime...Continue Reading
ConocoPhillips today announced that it has completed its acquisition of Marathon Oil Corporation. The integration will add seamless value to ConocoPhillips’ deep, durable and diverse portfolio while meeting our strict financial framework, said CEO Ryan Lance. SourceContinue Reading
Oil States has introduced an industry-first Low Impact Workover Package (LIWP). The LIWP is engineered to empower operators to safely and cost-effectively plug and abandon aging subsea wells while minimizing wellhead loads and streamlining operations. SourceContinue Reading
Miami Financier’s Bold Bid for Nord Stream 2 Sparks Controversy | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Nov 22, 2024, 10:00 AM CST US investor Stephen P. Lynch is seeking US government approval to bid on the sabotaged Nord Stream 2...Continue Reading
Texas Pacific Land Replaces Marathon Oil in S&P 500 After ConocoPhillips Deal | 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 – Nov 22, 2024, 9:30 AM CST Texas Pacific Land, a...Continue Reading
(Bloomberg) – Occidental Petroleum Corp. warned that U.S. energy independence is at risk of slipping away if shale output plateaus, which could come in the next five years, CEO Vicki Hollub said in Midland, Texas this week. SourceContinue Reading
Geopolitical Risk Underpins Oil Prices | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Nov 22, 2024, 9:00 AM CST Geopolitical risk has pushed oil prices back up this week, but traders are likely to refocus on fundamentals as the month...Continue Reading
OPEC+ Could Hold Crucial December Meeting Online | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 22, 2024, 8:30 AM CST The OPEC+ group looks set to hold its December 1 meeting to discuss production levels online rather than in person in Vienna, delegates from...Continue Reading
