Oil prices rebounded from last week’s Iran deal optimism-inspired rout, as a new potential “snag” emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, even as Goldman Sachs said last night that the case for higher prices remains intact even with increased Iran exports. Brent crude oil futures for July...Continue Reading
Cabot Oil and Gas Corp. agreed to merge with Cimarex Energy Co., combining two mid-tier shale drillers in an all-stock transaction valued at about $7.4 billion as the U.S. oil and gas sector continues to consolidate. SourceContinue Reading
The aim of the collaboration is to improve overall efficiency of the design and construction process, and of the asset lifecycle support services for projects in the offshore and marine industry. SourceContinue Reading
Can The U.S. Compete With Qatari LNG? | 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 – May 23, 2021, 4:00 PM CDT Qatar’s recent announcement that it would build the world’s largest LNG...Continue Reading
Is It Possible To Have A Nuanced Discussion About The Energy Transition? | 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 – May 23, 2021, 2:00 PM CDT Climate change is no longer a fiery apocalypse that we expect to...Continue Reading
Did China Just Sound The Death Knell For Venezuela’s Oil Industry? | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – May 23, 2021, 12:00 PM CDT China has...Continue Reading
Oil Companies Close The Taps As Fear Of Civil War Grows In Colombia | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – May 23, 2021, 10:00 AM...Continue Reading
Ministers gathering in the Icelandic capital Reykjavik for a meeting of the Arctic Council last week weren’t due to discuss security. But the issue dominated conversations on the sidelines after Russia’s Foreign Affairs Minister Sergei Lavrov declared ahead of the summit that the Arctic “is our land and our waters.” SourceContinue Reading
The pipeline at the center of a years-long battle between oil companies and the Standing Rock Sioux tribe may remain in service even though it lacks a valid federal easement for a water crossing in North Dakota, the U.S. District Court for the District of Columbia said Friday. SourceContinue Reading
Will The World’s Largest Oil Region Become A Hydrogen Hub? | 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 22, 2021, 6:00 PM CDT The biggest oil-exporting region in the...Continue Reading