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A new company soon to be created by Chrysaor Holdings Ltd and Premier Oil Plc will likely retain its stake in the giant Zama oil development in Mexico, reversing an earlier decision by the indebted North Sea driller to exit the project. Source
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China’s $6.4 Trillion Energy Transition To Transform Economy | 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 Related News By Irina Slav – Mar 18, 2021, 9:30 AM CDT China’s transition from the biggest polluter in the world to...
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IEA: Gasoline Demand May Never Fully Recover | 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 18, 2021, 9:00 AM CDT Global gasoline may have peaked, thanks to fuel efficiency gains and...
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BP announced that it is developing plans for the UK’s largest blue hydrogen production facility, targeting 1GW of hydrogen production by 2030. The project would capture and send for storage up to two million tons of CO₂ per year. Source
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TechnipFMC has entered into an agreement with Magnora ASA to jointly pursue floating offshore wind project development opportunities under the name Magnora Offshore Wind. Source
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If the first initial public offering of a U.S. shale driller in four years is any indication, Wall Street is still souring on the U.S. oil and gas patch. Source
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One of the fastest-growing corners of China’s energy market is facing a potentially devastating blow as Xi Jinping’s government increases scrutiny of high-emission fuels. Source
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The facility which Petrofac will continue to manage is one of the largest in the Gulf, and handles around 55% of Iraq’s crude oil exports. Source
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Big Oil’s Hottest Prospects In 2021 | OilPrice.com Viktor Katona Viktor Katona is an Group Physical Trader at MOL Group and Expert at the Russian International Affairs Council, currently based in Budapest. Disclaimer: views set… More Info Premium Content By Viktor Katona – Mar 17, 2021, 7:00 PM CDT Judging by the first 3 months...
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EIA: OPEC+ Cuts To Lift Oil Prices Through April | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 17, 2021, 6:30 PM CDT Oil prices will likely remain at the current high levels in March and April, with Brent Crude prices averaging between $65 and...
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