The project is expected to achieve a peak production of approximately 18,100 boed day in 2026, and the oil property is light crude. It is the first oil field in the South China Sea supplied with onshore power. SourceContinue Reading

Will Orban’s Government Cause Turmoil in the EU? | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Jul 01, 2024, 1:00 PM CDT Hungary’s six-month EU presidency...Continue Reading

Heatwave Drives Record Electricity Demand in Eastern U.S. | 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 – Jul 01, 2024, 12:30 PM CDT Electricity demand soared across the eastern and midwestern United...Continue Reading

Courts Take Charge: Implications of SCOTUS Dismantling Chevron Deference | OilPrice.com Leonard Hyman & William Tilles Leonard S. Hyman is an economist and financial analyst specializing in the energy sector. He headed utility equity research at a major brokerage house and… More Info Premium Content By Leonard Hyman & William Tilles – Jul 01, 2024,...Continue Reading

Italian Oil Giant Eni to Divest Over $4B in Upstream Assets | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 01, 2024, 11:30 AM CDT Italian oil giant Eni is planning to divest over $4 billion in upstream assets, with Indonesia and Cyprus among those...Continue Reading

Biden’s De Facto EV Mandate At Risk after Supreme Court ‘Chevron’ Ruling | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jul 01, 2024, 11:00 AM CDT Biden’s strict tailpipe emissions standard has become vulnerable due to the Supreme Court decision on the Chevron Deference. The...Continue Reading

The sales would be part of a broader strategy of disposing of €8 billion in assets over the next three years. Units that could be candidates for the asset sale plan include some operations in Indonesia and Cyprus, said the people, asking not to be named discussing confidential deliberations. SourceContinue Reading

AIQ’s RoboWell autonomous well control (AWC) solution will be made available through Halliburton’s Landmark iEnergy hybrid cloud. This agreement marks a step in AIQ’s goal to expand the adoption of AI-enabled AWC tools to help optimize and increase production in the global upstream sector. SourceContinue Reading

NC JSC QazaqGaz (QazaqGaz) and Chevron Corporation, through its subsidiary Chevron Munaigas Inc., have signed a cooperation agreement which will entail potential geological exploration at the Zhalibek site in the Aktobe region, near the Zhanazhol and Urikhtau fields. SourceContinue Reading

Trans Mountain Oil Pipeline Off to a Solid Start | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 01, 2024, 10:25 AM CDT The Trans Mountain pipeline delivered enough crude oil to load 20 tankers from Canada’s Pacific Coast in the first full month of...Continue Reading