Amazon Ditches Bezos-Funded Carbon Offsets in Favor of New Standard | 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 – Jul 02, 2024, 4:55 AM CDT Amazon has quit carbon offset standards that its...Continue Reading

Siemens Energy Prioritizes Grid Business With $1.6 Billion Investment | 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 – Jul 02, 2024, 3:30 AM CDT Siemens Energy is prioritizing its grid expansion business over...Continue Reading

Oil Prices Hold Gains Amid Geopolitical Uncertainty and Demand Optimism | 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 – Jul 02, 2024, 2:10 AM CDT Crude oil prices today held on to earlier...Continue Reading

Federal Judge Blocks Biden’s LNG Pause | 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 – Jul 02, 2024, 1:27 AM CDT A Louisiana federal judge has blocked President Biden’s pause on new LNG...Continue Reading

As Oil Struggles To Hit $90, Will OPEC+ Cut Production Again Soon? | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Jul 01, 2024, 7:00 PM CDT...Continue Reading

Big Tech Urgently Requests More Power For Data Centers | 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 – Jul 01, 2024, 6:00 PM CDT U.S. electricity demand is projected to increase by up to 15% over the next decade,...Continue Reading

Gas Flaring Is Back With a Vengeance | 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 – Jul 01, 2024, 5:00 PM CDT Gas flaring, a major source of...Continue Reading

To date, Apex has drilled 10 wells. Six of the 10 drilled wells are currently producing, one has been completed as a water supply well for a water injection project, two are discoveries waiting on completions, and one was a dry hole. SourceContinue Reading

OPEC produced an average of 26.98 MMbpd in June, or 80,000 bpd less than during the previous month, according to a Bloomberg survey. Small reductions in Iraq and Nigeria drove the decline. SourceContinue Reading

Asia’s Rising Emissions Offset Western Climate Progress | OilPrice.com Premium Content By Robert Rapier – Jul 01, 2024, 4:00 PM CDT Global carbon emissions increased by 2.1% in 2023, surpassing 40 billion metric tons for the first time. While the US and EU achieved emission reductions, these were offset by a 4.9% increase in Asia...Continue Reading