EU’s “Business as Usual” Stance on Ukraine Continues into 2025 | 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 Premium Content By RFE/RL staff – Dec 17, 2024, 12:00 PM CST The EU...Continue Reading
Elementz, a new Aberdeen-based company specializing in subsea asset integrity management software, has unveiled the board of directors that will oversee its goal of achieving turnover of £2 million in year one. SourceContinue Reading
Kosmos Backs Off, Tullow Takes a Hit | 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 – Dec 17, 2024, 11:30 AM CST Sometimes, no deal is better than a bad one—or so...Continue Reading
Trump Tantrum Pushes Canadian Oil into Overdrive | 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 – Dec 17, 2024, 11:00 AM CST President-elect Donald Trump has threatened to impose 25% tariffs on all imports from Canada and Mexico. Canada...Continue Reading
Indian Refiner BPCL To Boost Oil Processing Capacity | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 17, 2024, 10:30 AM CST India’s second-largest fuel retailer, Bharat Petroleum Corporation Limited (BPCL), plans to raise its refining capacity by 10 million tons per year by 2028,...Continue Reading
(Bloomberg) – Shell Plc’s subsidiary in Nigeria will begin oil and gas production offshore at the Bonga North floating facility by the end of the decade. SourceContinue Reading
Russian crude oil exports by sea have dropped by 11% from a recent high in October, due to maintenance at the Baltic port of Primorsk, pressure for Russia to align with its OPEC+ quota, and increased sanctions pressure. In the four weeks to December 15, Russia’s seaborne crude exports averaged 3.06 million barrels per day...Continue Reading
Capex trends all demonstrate that investors won’t limit themselves to mature fields: Eyes are on fresh locations, fresh facilities, and fresh opportunities in Africa. African Energy Chamber’s Executive Chairman, NJ Ayuk, gives his take on oil and gas trends in this opinion piece. SourceContinue Reading
Goldman Sachs: Huge Spare Capacity Weighs on Oil Prices | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 17, 2024, 9:30 AM CST Spare oil production capacity at the highest quartile in history is weighing on Brent crude prices, and time spreads have looked undervalued...Continue Reading
ADNOC Drilling has announced the closing of the Turnwell Industries joint venture between ADNOC Drilling, SLB and Patterson-UTI. SourceContinue Reading
