OPEC+ to Begin Oil Production Increase in 2025 | 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 – Sep 09, 2024, 4:50 AM CDT According to the vice president of research at...Continue Reading
China’s LNG Imports to Fall as Natural Gas Storage Nears Capacity | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Sep 09, 2024, 3:29 AM CDT China’s natural gas in storage is nearing...Continue Reading
Oil Prices Bounce Back After Major Selloff | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Sep 09, 2024, 12:40 AM CDT Crude oil prices began the week with gains as traders took...Continue Reading
California Launches America’s First Hydrogen-Powered Passenger Train | 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 – Sep 08, 2024, 6:00 PM CDT San Bernardino unveiled the nation’s first hybrid hydrogen fuel cell train. The $20 million train uses a...Continue Reading
The transaction adds more than 8 MMboe in reserves and resources net to DNO. In terms of production, the acquired assets delivered approximately 3,000 boed in the first half of 2024, expected to rise to above 5,000 boed in 2026 as the Verdande contribution kicks in. SourceContinue Reading
Slim has consistently ramped up his investments in Talos and US refiner PBF Energy Inc. over the past year in a sign that the 84-year-old billionaire sees plenty of upside in the oil and gas industry. In his native Mexico, Slim has partnered with Talos to explore one of the country’s most promising new discoveries...Continue Reading
Can Saudi Arabia Actually Afford Vision 2030? | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Sep 08, 2024, 4:00 PM CDT Saudi Arabia’s breakeven oil price has risen due to increased spending...Continue Reading
According to the Railroad Commission of Texas, the agency plugged 1,012 orphan wells in Fiscal Year 2024 using state funds. This exceeded the fiscal year’s goal of plugging 1,000 wells with state funds, making it the eighth year in a row in which the RRC has surpassed its legislative target. SourceContinue Reading
The plant, located in offshore Akwa Ibom state in the oil-rich Niger Delta, is expected to be commissioned in 2028, with first gas a year later. It will produce LNG, petroleum gas and condensate. SourceContinue Reading
Uzbekistan’s Green Energy Revolution | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Sep 08, 2024, 2:00 PM CDT Uzbekistan is nearing completion of a 150 MW/300 MWh battery...Continue Reading