The U.S. Imports Record Share Of Russian Oil Despite Tensions | 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 – Mar 24, 2021, 9:00 AM CDT U.S. refiners have turned to Russian...Continue Reading
The UK government said it has reached an agreement with the country’s oil and gas industry that will help safeguard jobs as the nation strives to achieve net-zero emissions of greenhouse gases. SourceContinue Reading
Preliminary estimates place the size of the discovery in the Fram prospects between 12 and 19 million standard cubic meters of recoverable oil equivalent, corresponding to 75-120 million barrels of recoverable oil equivalent. SourceContinue Reading
European and U.S. refiners that rely on the vital waterway for cargoes of Middle Eastern oil may be forced to look for replacement supplies should the blockage persist, while flows of crude from North Sea fields destined for Asia will be held up. SourceContinue Reading
Crude futures in New York added as much as 3.4% after a ship ran aground in the Suez Canal, giving the market a reprieve after prices sank to the lowest level since early February. Despite efforts to move the vessel, it could block the route for days. SourceContinue Reading
The Iran-China Axis Is A Fast Growing Force In Oil Markets | OilPrice.com David Messler Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and… More Info Premium Content By David Messler – Mar 23, 2021, 7:00 PM CDT One...Continue Reading
Saudi Arabia Skips LNG, Bets Big On Hydrogen | 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 – Mar 23, 2021, 6:00 PM CDT Last year, Saudi Arabia’s national oil company Saudi Aramco sent shockwaves through the natural gas markets...Continue Reading
Why Aramco Isn’t Rushing To Boost Its Oil Production | 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 – Mar 23, 2021, 5:00 PM CDT Saudi Aramco is in no hurry to expand its...Continue Reading
India Looks To Lure Energy Investors Away From China | 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 – Mar 23, 2021, 4:00 PM CDT India is trying...Continue Reading
Baker Hughes and Horisont Energi AS have signed a memorandum of understanding for the Polaris carbon storage project off the northern coast of Norway. Under the agreement, the two companies will explore the development and integration of technologies to minimize the carbon footprint, cost and delivery time of carbon capture, transport and storage (CCTS). SourceContinue Reading