Energy Minister Anne-Marie Trevelyan said the UK could eventually follow in the footsteps of North Sea neighbor Denmark which will stop offering new oil and gas licenses and end production by 2050. SourceContinue Reading
Equinor has awarded Tenaris the supply of tubulars for the Northern Lights CO2 transport and storage facilities in Norway. From its Dalmine mill in Italy, Tenaris will produce 105km 12” Carbon Manganese (C-Mn) seamless line pipe for the milestone project. SourceContinue Reading
Oil Slips On Small Crude Inventory Build | 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 24, 2021, 9:39 AM CDT U.S. crude oil inventories went up by 1.9 million barrels in...Continue Reading
Report Accuses Banks Of Creating “Climate Chaos” | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 24, 2021, 9:30 AM CDT A new report by a group of environmentalist organizations has accused the world’s biggest banks of wreaking “climate chaos” on the world by investing...Continue Reading
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
