CNOOC Limited announces that Long Lake Northwest Project in Canada has commenced production safely. The project is expected to achieve a peak production of approximately 8,200 bopd in 2025. SourceContinue Reading

Crude oil prices were under pressure this morning after the U.S. Energy Information Administration reported an inventory build of 2.1 million barrels for the week to November 1. This compared with a modest inventory draw of half a million barrels for the previous week and a crude oil inventory build for the week to November...Continue Reading

ADNOC announced today at ADIPEC the signing of the first long-term Sales and Purchase Agreement (SPA) for the lower-carbon Ruwais liquefied natural gas (LNG) project, which is currently under development in Al Ruwais Industrial City, Abu Dhabi. SourceContinue Reading

Senegal Set to Ship Its First LNG in Early 2025 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 06, 2024, 9:20 AM CST West African country Senegal is on track to see the first LNG shipment from a major gas and LNG project operated...Continue Reading

Bitcoin, Treasury Yields Jump as Trump Takes White House | 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 – Nov 06, 2024, 9:00 AM CST Donald Trump’s victory...Continue Reading

Slumping Wind Generation Prompts Emergency in Europe as Power Prices Surge | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 06, 2024, 8:15 AM CST Falling wind power generation has tightened power markets in Europe this week, with Wednesday electricity prices in Germany hitting their...Continue Reading

World’s Top Oil Traders Buy Up Fuel From Africa’s Biggest Refinery | 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 – Nov 06, 2024, 7:11 AM CST The large commodity trading firms...Continue Reading

Hurricane Rafael Threatens U.S. Gulf of Mexico Oil Production | 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 – Nov 06, 2024, 5:50 AM CST Tropical storm Rafael has strengthened to hurricane...Continue Reading

Libya Set to Announce First Oil Bid Round Since 2011 | 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 – Nov 06, 2024, 4:50 AM CST Beleaguered North African oil producer Libya...Continue Reading

Trump Projected to Win U.S. Presidential Election | 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 – Nov 06, 2024, 3:18 AM CST Republican presidential nominee and former President Donald Trump is...Continue Reading