The Crown Prince of Abu Dhabi has endorsed his state-owned energy company, Abu Dhabi National Oil Company (ADNOC), endorsed the company’s innovative Artificial Intelligence and Digital Technology (AIDT) strategy, ENERGYai. SourceContinue Reading

by extending safe operating windows, Akselos can help operators avoid over $100 million in lost production by potentially avoiding unnecessary dry dock. The software also allows FPSO operators to extend the operational life of assets by removing unwanted and overly conservative fatigue estimates, powered by the Akselos RB-FEA technology. SourceContinue Reading

The 225,000 bpd Almirante Tamandare production vessel is on route and set to arrive in Brazil this year, and a similar unit is near completion at a Chinese shipyard and will arrive in 2025. SBM is also waiting for Petrobras to re-launch a tender for two FPSOs for an offshore project in the Sergipe-Alagoas basin....Continue Reading

OPEC Production Policies Could Complicate Relationship with Big Oil | 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 – Sep 11, 2024, 6:00 PM CDT OPEC+ has delayed the rollback of production cuts, maintaining...Continue Reading

Demand Concerns Dictate Oil Prices Amid Stable Supply | 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 – Sep 11, 2024, 5:00 PM CDT oil has shown remarkable resilience to geopolitical risks...Continue Reading

Can Namibia Unlock Its Vast Oil Reserves? | OilPrice.com Antonio Garcia Dr. Antonio García is a lecturer in finance at the University of Almería (UAL) and EMBA candidate at the EAE Business School. His academic includes… More Info Premium Content By Antonio Garcia – Sep 11, 2024, 4:30 PM CDT Namibia, once considered a frontier...Continue Reading

Clean Energy’s Next Trillion-Dollar Business | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Sep 11, 2024, 4:00 PM CDT Global renewable energy investment is set to...Continue Reading

Oil Markets Are Ignoring Imminent Production Cuts By 3 OPEC+ Members | 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 – Sep 11, 2024, 3:01 PM CDT It’s doubtful whether the Gulf of Mexico shutdowns will generate enough momentum to...Continue Reading

By Eurasianet – Sep 11, 2024, 3:00 PM CDT A shortage of warehouse space in Central Asia has driven up rental costs, particularly in Uzbekistan and Kazakhstan. The warehousing crunch is fueled by increased trade activity along the Middle Corridor route and the B5+1 initiative. While the shortage has spurred a construction boom, there are...Continue Reading

Trump Says He Might Head to Venezuela If Harris Wins Presidential Election | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 11, 2024, 2:30 PM CDT Donald Trump has reportedly considered the possibility of losing the 2024 election—and if that happens, he has plans for...Continue Reading