As Cold War-style rhetoric continues to intensify in the wake of Sweden and Finland’s accession to NATO, Hungary’s pro-Russian president Viktor Orban is now courting Belarus to expand ties and build Hungary’s second nuclear power plant. On Wednesday, despite European Union sanctions on Russian ally Belarus, Hungarian Foreign Minister Péter Szijjártó visited MInsk, where he...Continue Reading

Is a Tipping Point Approaching for America’s Most Prolific Oil Basin | OilPrice.com David Messler Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and… More Info Premium Content By David Messler – May 29, 2024, 7:00 PM CDT The...Continue Reading

Oil Production Capacities Could Be OPEC’s Next Big Dispute | 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 29, 2024, 6:00 PM CDT OPEC+ is reopening a debate over each...Continue Reading

Europe Seeks to End Reliance on Russian Energy | 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 29, 2024, 5:00 PM CDT Germany and the Czech Republic are urging the EU to engage in regular high-level talks on...Continue Reading

APT expects to produce 40 MMcfd in the first year of production and to increase that to 140 MMcfd within a few years’ time, according to a Gas Sales Agreement signed with the Tanzanian Petroleum Development Corporation (TPDC) earlier this year. Such volumes will increase Tanzanian natural gas production significantly. SourceContinue Reading

Ranking the Top Four Battery Storage World Powers | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – May 29, 2024, 4:00 PM CDT China is leading the battery storage installation race, followed by Europe, the United States, and Australia. Battery storage costs have fallen significantly in...Continue Reading

ABL will provide MWS to review, survey and approve all operations relating to the transportation & installation (T&I) of 13 shallow water steel jackets, associated piles, conductors and other project critical items. SourceContinue Reading

3 hours Double Eagle Poised for Massive Permian Asset Sale 4 hours Libyan Oil Minister Cleared of Smuggling, Mismanagement Allegations 5 hours Iran to Launch $4.6 Billion Worth of Oil Projects 6 hours Norway Holds Firm on Oil Drilling Ban in Protected Region 7 hours Germany Repurposes Underground Gas Storage for Green Hydrogen 8 hours...Continue Reading

Chief Executive Officer Darren Woods vowed to “safeguard” annual meetings from activists that launch “serial attacks” on Exxon and the oil industry. Exxon is pursuing legal action against Arjuna Capital even though the investor dropped a proposal that would have urged the driller to curb greenhouse gas emissions. SourceContinue Reading

China’s Oil Demand to Peak Before 2027, Says Sinopec | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – May 29, 2024, 3:00 PM CDT China’s oil demand is expected to peak before 2027, earlier than previously forecast. China’s coal consumption will...Continue Reading