Buffett’s Berkshire Hathaway Raises Occidental Stake to 29% | 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 Related News By Tsvetana Paraskova – Jun 18, 2024, 5:45 AM CDT Berkshire Hathaway has recently bought another nearly 3...Continue Reading

UK Oil Industry Needs Investment and Political Support to Halt Output Decline | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 18, 2024, 4:45 AM CDT The UK could be producing 30% more oil from the North Sea in 2030 than previously expected if investments...Continue Reading

Alberta’s Last Coal Plant Shuts Down as Natural Gas Takes Over | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 18, 2024, 3:41 AM CDT The last coal-fired power plant in Alberta was shut down on Sunday with the operator likely to convert the generation...Continue Reading

Court Returns Line 5 Pipeline Case to Michigan | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 18, 2024, 1:17 AM CDT The Sixth Court of Appeals ruled against Enbridge in a case regarding its Line 5 pipeline and ordered the case returned to a...Continue Reading

Refining Margins Squeezed as Tepid Demand Casts Shadow Over U.S. Gasoline Market | 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 17, 2024, 7:00 PM CDT U.S. gasoline demand has...Continue Reading

China’s “No Limits” Friendship with Russia is Beginning to Crumble | 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 – Jun 17, 2024, 6:00 PM CDT China’s economic...Continue Reading

Vallourec low-carbon high performance OCTG solutions will contribute to the development of the Bacalhau and Raia fields operated in the pre-salt, as well as the Peregrino field in the post-salt, while contributing to Equinor’s Energy Transition Plan to reach net zero by 2050. SourceContinue Reading

The estimated global expenditure on hydrogen production for energy purposes from now until 2050 is expected to reach $6.8 trillion, with an additional $180 billion allocated for hydrogen pipelines and $530 billion for the construction and operation of ammonia terminals. SourceContinue Reading

Texas, Louisiana, and Mississippi have sued the U.S. government to block a proposed rule by the Biden administration that would require offshore oil and gas companies to provide nearly $7 billion in financial assurances for decommissioning old infrastructure. SourceContinue Reading

Funding the Global Energy Transition Remains a Major Challenge | 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 – Jun 17, 2024, 5:00 PM CDT Despite plenty of progress being made, the cost of...Continue Reading