Production from the Norwegian Continental Shelf will peak in 2025, the directorate said in a report published Wednesday. How quickly production falls will depend on whether companies can tap into resources around existing infrastructure using new technologies, as well as in less familiar regions like the Barents Sea in the far country’s far North. SourceContinue Reading

Greek Oil Tanker On Fire, Adrift in Red Sea As Gaza Talks Falter | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 21, 2024, 11:15 AM CDT A Greek-flagged oil tanker is on fire and drifting crewless in the Red Sea after coming under attack...Continue Reading

China Prods Pakistan to Ramp Up Security and Governance | OilPrice.com James Durso James D. Durso is the Managing Director of Corsair LLC, a supply chain consultancy. In 2013 to2015, he was the Chief Executive Officer of AKM… More Info Premium Content By James Durso – Aug 21, 2024, 11:00 AM CDT China is frustrated...Continue Reading

Will Buffett Step in to Keep Occidental Afloat? | 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 21, 2024, 10:30 AM CDT Shares of Occidental Petroleum have dropped below $56, raising...Continue Reading

Oil Ticks Higher as EIA Reports Inventory Draws Across the Board | 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 – Aug 21, 2024, 9:37 AM CDT Crude oil prices moved higher today after...Continue Reading

U.S. Coal Miners to Merge in $5.2B Deal | 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 21, 2024, 9:30 AM CDT Saint Louis, Missouri-based coal miner Arch Resources Inc. (NYSE:ARCH) and Canonsburg, Pennsylvania-based Consol Energy Inc.(NYSE:CEIX) have...Continue Reading

Why Goldman Sachs Thinks European Natural Gas Prices Will Stabilize | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 21, 2024, 9:00 AM CDT Despite Ukraine and concerns about Russian gas supply disruptions, Gazprom reports that natural gas flows to Europe remain...Continue Reading

U.S. Crude Oil Exports To Peak In 2024 | 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 21, 2024, 8:54 AM CDT U.S. crude oil exports are set to grow this year by the smallest margin after a...Continue Reading

Texas Faces Growing Electricity Needs | 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 – Aug 21, 2024, 4:03 AM CDT Texas set an unofficial record for electricity use on Tuesday, driven by increased...Continue Reading

25% of Brits Consider Turning Off the Heat in Winter | 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 – Aug 21, 2024, 3:41 AM CDT About a quarter of British households are so...Continue Reading