Armenia Courts Western Allies as Relations with Russia Deteriorate | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Jun 06, 2024, 1:00 PM CDT Armenian Prime Minister Nikol Pashinyan...Continue Reading

Hungary’s Orban Vows to Keep Using Russian Gas | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 06, 2024, 12:30 PM CDT A day after scooping up shares in an Azeri gas field, Hungary has said it will not give up Russian natural gas and...Continue Reading

SBM Offshore announced that a Fast4Ward hull for the Block 58 development project offshore Suriname has been reserved by TotalEnergies. The announcement is in line with the Front End Engineering and Design (FEED) studies for a Floating Production, Storage and Offloading vessel (FPSO) for the development project. SourceContinue Reading

Emerson’s suite of Roxar downhole monitoring tools will empower Equinor to use advanced oil recovery techniques, optimize reservoir performance and verify well integrity in real time. The Rosebank field is estimated to contain over 300 MMbbl of recoverable oil resources. SourceContinue Reading

Algorithm Trades Worsened The Oil Price Slump after OPEC’s Decision | 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 – Jun 06, 2024, 12:00 PM CDT The market reaction to OPEC’s latest...Continue Reading

U.S. Seeks to Pressure Houthis to Stop Red Sea Ship Attacks | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 06, 2024, 11:30 AM CDT The United States is looking to reduce financing options for the Houthi rebels in Yemen to get them to stop...Continue Reading

Russia Says it Continues to Cut Oil Production under OPEC+ Deal | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jun 06, 2024, 11:00 AM CDT Novak: Russia continued to cut its oil production in May per the OPEC+ agreements. Novak said that the scale of...Continue Reading

Ukraine Strikes Oil Installations in Russian Border Regions | 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 Related News By RFE/RL staff – Jun 06, 2024, 10:30 AM CDT Suspected Ukrainian drone strikes early...Continue Reading

OPEC+ Reassures Oil Markets, Allays Oversupply Concerns | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jun 06, 2024, 10:00 AM CDT The OPEC+ group extended this weekend most oil output reductions into 2025. The group said it could begin unwinding some voluntary cuts after the...Continue Reading

Foreign Demand Spikes for Saudi Aramco’s $12-Billion Share Offering | 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 – Jun 06, 2024, 9:30 AM CDT The $12-billion secondary share offering of Saudi...Continue Reading