Shell Closes Oil Unit at Singapore Refinery to Investigate Leak | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 27, 2024, 10:30 AM CST Shell has shut down one of its oil processing units at its refinery complex in Singapore to investigate a suspected leak...Continue Reading

Golar LNG has acquired Seatrium’s and Black & Veatch’s minority ownership interests in the FLNG Hilli. The total consideration for the acquisitions is $90.2 million, of which $59.9m is in equity and $30.3 million is a pro-rata share in the existing FLNG Hilli debt facility. SourceContinue Reading

Oil Prices Rise on China Stimulus and Falling U.S. Inventories | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Dec 27, 2024, 10:00 AM CST Oil prices are on track to post a weekly gain on the back of China’s economic...Continue Reading

Mongolia and Orano Agree $1.6 Billion Uranium Mining Deal | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 27, 2024, 9:30 AM CST Mongolia and French group Orano Mining have struck a preliminary agreement to develop a $1.6-billion uranium mining project in the Asian country,...Continue Reading

Is China’s Fiscal Stimulus Enough to Drive Oil Prices Higher in 2025? | OilPrice.com Premium Content By Editorial Dept – Dec 27, 2024, 8:30 AM CST Crude oil markets reacted positively this week to the announcement of a $411 billion fiscal stimulus package from China, aimed at boosting economic growth through infrastructure and industrial expansion....Continue Reading

China’s Secret Weapons-for-Oil Deal With Libyan General | OilPrice.com Premium Content By Editorial Dept – Dec 27, 2024, 8:30 AM CST Politics, Geopolitics & Conflict Tensions continue to rise in Syria after the fall of Assad, with various internal and external forces jockeying for position in a power vacuum. Earlier this week, Assad loyalists ambushed...Continue Reading

By Editorial Dept – Dec 27, 2024, 8:30 AM CST It’s been a busy Christmas season on the Russia-Ukraine front line. It’s still a stalemate, whether it becomes frozen in time this year or not will change little. This year, the war has been different, with a sustained Ukrainian counteroffensive and air strike campaigns on...Continue Reading

European Gas Prices Soar as Putin Says a New Ukraine Transit Deal Is Unlikely | 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 Related News By Tsvetana Paraskova – Dec 27, 2024, 8:30 AM CST Europe’s benchmark...Continue Reading

Oil Majors Rethink Their Renewable Energy Ambitions | OilPrice.com Premium Content By Editorial Dept – Dec 27, 2024, 8:30 AM CST Oil Majors Downscale Their Renewable Ambition – One of the key trends in oil major strategies this year has been the notable divestment of renewable projects, at times even reversing climate commitments amidst shaky...Continue Reading

Estonian Navy Guards Subsea Power Link After Cable Damage | 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 Related News By Tsvetana Paraskova – Dec 27, 2024, 7:30 AM CST Estonia is sending its navy close to...Continue Reading