Japan Joins Allies in Sanctioning Kazakh Microchip Firm Supplying Russia | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Jan 14, 2025, 2:00 PM CST Japan, the US, and...Continue Reading
(Bloomberg) – Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana continues to grow, the US government said in its first set of forecasts for next year. SourceContinue Reading
Affiliates of Langford Energy Partners (LEP) announced that they have closed on the acquisition of Midland basin assets from Murchison Oil and Gas, LLC. The acquisition includes approx. 8,000 net acres with net production of approx. 7,200 boed. SourceContinue Reading
DNO ASA announced that its wholly-owned subsidiary DNO Norge AS has been awarded participation in 13 exploration licenses, of which four are operatorships, under Norway’s Awards in Predefined Areas (APA) 2024 licensing round. SourceContinue Reading
Via Metal Miner The UK government’s Department for Business and Trade has set up a committee called the Steel Council to secure long-term steelmaking in the country, where the steel industry continues to struggle. According to a January 7 statement from the ministerial department, the new council will provide advice on rebuilding the sector...Continue Reading
Germany’s Oil-Fired Generation Surges To 8-Year High | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 14, 2025, 1:00 PM CST Germany’s electricity generation from oil surged to the highest since at least 2017 while gas-fired output soared to the highest in two years, as...Continue Reading
Flowserve has been awarded a contract to supply Dry Gas Seals and Dry Gas Seal Systems to support a groundbreaking initiative for ADNOC. ADNOC’s large-scale CCS project aims to capture 1.5 million tons of carbon dioxide annually. SourceContinue Reading
Iran-Russia Treaty Signals Deepening Ties, Defiance of West | 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 – Jan 14, 2025, 12:00 PM CST Russia and Iran will...Continue Reading
Saudi Arabia and Italy Sign Energy Cooperation Deal | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 14, 2025, 11:30 AM CST Italy and Saudi Arabia on Tuesday signed a cooperation agreement in the energy sector, with an emphasis on renewable energy, hydrogen, and carbon...Continue Reading
On Tuesday, Norway awarded stakes in 53 offshore oil and gas exploration licenses to 20 companies in its latest annual licensing round, with Energy Minister Terje Aasland revealing plans for increased drilling in its offshore Arctic region. “If we are to uphold a stable production in the years to come, we must explore more and...Continue Reading
