India’s Steel Industry Battles Cheap Chinese Imports | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Jul 03, 2024, 12:00 PM CDT Cheap Chinese steel imports are...Continue Reading

a three-person arbitration panel has been finalized to address ExxonMobil’s claim against Chevron’s $53 billion purchase of Hess Corp over oil-rich assets offshore Guyana. This marks a significant step in resolving the uncertainty surrounding the merger, which Chevron and Hess hoped to complete in early 2024. SourceContinue Reading

Shell Begins Perdido Evacuation As Hurricane Beryl Threatens Operations | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 03, 2024, 11:30 AM CDT Shell announced on Wednesday that it had safely paused some drilling operations in the Gulf of Mexico as Hurricane Beryl was preparing...Continue Reading

The three new island rigs will operate on existing and newly constructed innovative artificial islands at the offshore Zakum field for drilling and completion of wells. The rigs, which will be constructed by Honghua Group (HH), will incorporate industry leading technology and automation. Delivery of the rigs and commencement of operations is expected during 2026....Continue Reading

During the deepwater Kaminho project’s first phase of development for the Cameia field, SLB OneSubsea will collaborate with TotalEnergies to deploy a highly configurable subsea production platform with standardized vertical monobore subsea tree, wellhead, and controls system. SourceContinue Reading

Texas LNG Brownsville LLC, a subsidiary of Glenfarne Energy Transition, LLC, has signed a non-binding Heads of Agreement (“HOA”) a long-term LNG free-on-board (“FOB”) sale and purchase agreement (“SPA”) for 0.5 MMtpa of LNG from Texas LNG. SourceContinue Reading

Tech Giants’ Power Needs Could Jeopardize U.S. Grid Reliability | 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 – Jul 03, 2024, 11:00 AM CDT Big tech firms are engaging in behind-the-meter...Continue Reading

Russia’s Oil Revenues Jumped 50% Year-on-Year in June | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 03, 2024, 10:40 AM CDT Higher prices for Russia’s flagship crude grade Urals boosted the Russian government’s revenues from oil in June with proceeds rising by nearly 50%...Continue Reading

Oil Prices Rise As EIA Confirms Huge Crude Draw | 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 – Jul 03, 2024, 9:37 AM CDT Crude oil prices moved higher today after the U.S....Continue Reading

Kazakhstan Exceeded Its OPEC+ Oil Output Quota in June | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 03, 2024, 9:30 AM CDT Non-OPEC producer Kazakhstan, which is part of the OPEC+ output deal, raised its oil production in June, exceeding its quota under the...Continue Reading