In a Tuesday panel at URTeC 2024, a key industry concern was to “make sure the talent is always flowing.” That was the sentiment expressed by Gretchen Gillis, Senior Geological Consultant, Saudi Aramco, Americas, drawing on a combination of experience with academia and the oil and gas industry. Other panelists included Dr. Zoya Heidari, Associate...Continue Reading
ExxonMobil has started appraisal drilling at its Lau-Lau 2 well site in the prolific Stabroek Block offshore Guyana, where it had previously discovered over 300 ft of oil at the Lau-Lau 1 well. The Maritime Administration Department announced that this appraisal, conducted by the drillship MODU Noble Sam Croft, will run from June 16 to...Continue Reading
Why Did China Snub the Ukraine Peace Summit? | 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 – Jun 23, 2024, 10:00 AM CDT Ukrainian President Volodymyr Zelenskiy...Continue Reading
The arbitration process to determine whether ExxonMobil can block the $53 billion sale of Hess Corp to Chevron is stalled due to the incomplete appointment of a third arbitrator, according to people familiar with the matter. SourceContinue Reading
Vallourec will continue to supply the complete range of tubes and connections for both conventional and complex applications on onshore and offshore oil and gas fields. SourceContinue Reading
“The federal Liberal and NDP coalition has passed draconian legislation that will irreparably harm Canadian’s ability to hear the truth about the energy industry and Alberta’s successes in reducing global emissions,” said Alberta Premier Danielle Smith, along with Canadian Minister of Energy and Minerals Brian Jean and Environment and Protected Areas Minister Rebecca Schulz. SourceContinue Reading
Daily crude production kicked off the year at 3.73 MMbpd, then plummeted nearly 25% following offshore maintenance. Now, more than one-third of the deficit has been restored, offering far-reaching implications for Latin America’s largest economy and worldwide energy markets. SourceContinue Reading
Citi Forecasts Oil Price Drop to $60s by 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 – Jun 22, 2024, 6:00 PM CDT Citi is one of the most prominent...Continue Reading
Rolls Royce Sees Market Cap Soar to $50 Billion as Travel Picks Up | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Jun 22, 2024, 4:00 PM...Continue Reading
Chinese Copper Exports Are Flooding Global Markets | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jun 22, 2024, 2:00 PM CDT Chinese copper exports hit a record high in May, doubling from the previous year and exceeding the previous peak in 2012....Continue Reading
