The well remains on schedule to begin drilling this month and is targeting 163 MMbbl of unrisked prospective oil resources or 843 Bcf of unrisked prospective natural gas resources, net to ReconAfrica. SourceContinue Reading

Adding the blocks to Seplat’s assets will swell the company’s natural gas fields in an area where it is already one of the biggest suppliers of domestic gas to Nigerian power plants. It would almost quadruple Seplat’s output to more than 130,000 bpd. SourceContinue Reading

U.S. Automakers Race to Offset the Rise in Copper Prices | 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 – Jun 13, 2024, 3:00 PM CDT The recent...Continue Reading

Trump Criticizes Biden’s “Crazy” EV Mandate, Pledges Policy Reversal | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Jun 13, 2024, 2:30 PM CDT In a recent meeting with House Republicans, former...Continue Reading

Chinese EV Makers Unfazed by Western Tariffs | 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 – Jun 13, 2024, 2:00 PM CDT China is the world’s largest...Continue Reading

Niger-Benin Oil Pipeline Attacked | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Jun 13, 2024, 1:30 PM CDT In a tragic incident, unidentified assailants attacked soldiers guarding the major Niger-Benin oil...Continue Reading

Microsoft: Russian and Chinese State Hackers Pose Growing Threat | 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 13, 2024, 1:00 PM CDT Microsoft reports that...Continue Reading

Apparent Houthi Attack Sets Vessel on Fire in Gulf of Aden | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 13, 2024, 12:30 PM CDT A missile strike believed to have been launched by Yemen’s Iran-backed Houthis on a vessel in the Gulf of Aden...Continue Reading

Since 2019, China has snapped up an additional 850,000 bpd of so-called NGLs and polymers, the IEA said in its Oil 2024 report, which is effectively the agency’s medium-term outlook. That accounts for just over half of demand growth for all oil products over the period. SourceContinue Reading

JPMorgan Analysts Cast Doubt on Tesla’s Robotaxi Revenue | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jun 13, 2024, 12:00 PM CDT Elon Musk has said that a purpose-built robotaxi will be the centerpiece of his long-term strategy for Tesla. In about...Continue Reading