OPEC+ is considering a reduction in its production limit of as much as 2 million barrels a day, although the impact on global supply could be smaller. SourceContinue Reading

High Energy Prices Push UK Construction Industry To The Brink | 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 – Oct 04, 2022, 1:00 PM CDT Soaring inflation...Continue Reading

Iranian Rial Plunges To Record Low | 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 Related News By RFE/RL staff – Oct 04, 2022, 12:30 PM CDT Iran’s national currency, the rial, fell...Continue Reading

Petrofac has officially taken over operatorship of the Northern Endeavour FPSO facility on behalf of the Australia Government, marking a major milestone in the landmark decommissioning contract. SourceContinue Reading

Lisa Edvardsen Haugan has been appointed as the new President of Kongsberg Maritime, the largest business area of KONGSBERG. She takes the helm after Egil Haugsdal. SourceContinue Reading

UK Blocks Russia From Purchasing Array Of Services From British Firms | 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 Related News By City A.M – Oct 04, 2022, 11:30 AM CDT The...Continue Reading

By ZeroHedge – Oct 04, 2022, 11:00 AM CDT LNG carrier charter rates are soaring as the energy crisis sparks a ship shortage. Spot ship rates have been dramatically impacted by energy supply chain disruption due to the Russian invasion of Ukraine. There are mounting concerns that the limited availability of LNG vessels could cause...Continue Reading

Shell, Aramco: There’s No Quick Fix For Tight Oil Market | 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 – Oct 04, 2022, 11:00 AM CDT Spare oil capacity throughout the world is...Continue Reading

Oil Prices Jump As OPEC+ Considers 2 Million Bpd Production Cut | 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 Premium Content By Julianne Geiger – Oct 04, 2022, 10:45 AM CDT Anonymous OPEC delegates: OPEC+ may consider...Continue Reading

Shell CEO Calls For Higher Taxes To Protect Consumers | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Oct 04, 2022, 10:30 AM CDT The current energy crisis cannot be left to the roiled market to sort itself out and will...Continue Reading