The award, which marks Sparrows first large contract in the Pilbara region of Western Australia, will see the company hire local personnel including lifting engineers, mechanical and electrical technicians, rope access, inspectors and crane supervisors. SourceContinue Reading
After very promising results on their first well in Namibia’s giant Kavango basin, global attention has turned to this small Canadian explorer as it drills its second well in a basin estimated by a world-renowned geochemist to potentially hold up to 120 billion barrels. In an interview with Oilprice.com’s James Stafford, Steinke, the founder and...Continue Reading
What’s More Probable? $100 Oil Or $500,000 Bitcoin | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – May 25, 2021, 6:00 PM CDT This is the age of wild predictions, for both commodities and cryptocurrencies, but with oil, at least here are some fundamentals to go...Continue Reading
A key price spread in the market for West Texas Intermediate crude is signaling that oil traders are bracing for a potential supply crunch just ahead of the busy summer driving season that sparks a demand surge. SourceContinue Reading
Clean Power Push Set To Upend The Geopolitics Of Energy | 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 – May 25, 2021, 5:00 PM CDT The global push for clean power...Continue Reading
Africa’s Oil Nations Will Be Doomed If Exploration Is Halted | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – May 25, 2021, 4:00 PM CDT The IEA’s shocking call for no new oil and gas exploration on the path to net-zero emissions doesn’t necessarily follow that...Continue Reading
Oil Rises On Bullish API Inventory Report | 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 – May 25, 2021, 3:37 PM CDT The American Petroleum Institute (API) on Tuesday reported a draw...Continue Reading
The Biden administration is moving forward with mandatory cybersecurity requirements for pipelines, according to a person briefed on the plans, following the ransomware attack earlier this month that paralyzed the biggest fuel pipeline in the nation. SourceContinue Reading
Iran Has 69 Million Barrels Of Oil Ready For When U.S. Sanctions End | 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 – May 25, 2021, 3:00 PM CDT Iran may have...Continue Reading
Biden Administration Looks To Build Two Wind Farms Off California’s Coast | 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 – May 25, 2021, 2:30 PM CDT The Biden Administration is looking to...Continue Reading