The recent Central Atlantic wind lease sale has generated nearly $93 million for two lease blocks. This sale, covering areas off Maryland, Delaware, and Virginia, demonstrates significant growth in the U.S. offshore wind sector. SourceContinue Reading

As Australia shifts towards renewable energy, optimizing existing gas production fields remains crucial to meeting rising global energy demands. SourceContinue Reading

The Hydrogen Hype Is Proving To Be a Hard Sell | 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 – Aug 14, 2024, 4:00 PM CDT Hydrogen’s potential as a clean fuel faces challenges due to high production costs and...Continue Reading

Shell has approved a final investment decision for a waterflood project at its Vito asset in the Gulf of Mexico. The project involves injecting water into the reservoir to increase oil extraction and is set to begin in 2027. SourceContinue Reading

Armenia-Azerbaijan Peace Talks Progress Despite Lingering Hurdles | 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 – Aug 14, 2024, 3:00 PM CDT Azerbaijan has dropped its demand for a...Continue Reading

Brent Crude Falls Below $80 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 14, 2024, 2:13 PM CDT The U.S. crude oil benchmark, WTI reversed gains from earlier this week on Wednesday, responding to an unexpected build in U.S. crude stockpiles after a series...Continue Reading

Iron Ore Prices Plunge Below $100 | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Aug 14, 2024, 2:00 PM CDT Iron ore prices hit a four-week...Continue Reading

Pemex Plans $1.65 Billion Gulf Oilfield Redevelopment | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Related News By Tom Kool – Aug 14, 2024, 1:51 PM CDT Mexico’s state-run oil and gas giant Pemex has signed a deal to redevelop...Continue Reading

Chinese EV Makers Set Sights on Southeast Asia and Beyond | 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 – Aug 14, 2024, 1:00 PM CDT China’s EV industry...Continue Reading

Petroleos Mexicanos has reached a deal with an oilfield-services provider to drill in the Gulf of Mexico as the heavily indebted state energy company turns to the private sector to boost crude production. SourceContinue Reading