Soaring Renewables Displace Fossil Fuels in Europe’s Power Mix | 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 03, 2024, 5:05 AM CDT Surging solar and wind electricity output displaced...Continue Reading
Fire at Lukoil Refinery Kills Two | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 03, 2024, 4:05 AM CDT A fire broke out yesterday at a refinery run by Russia’s Lukoil in the northern Komi Republic, resulting in two fatalities, Reuters reported, citing Russia’s environmental...Continue Reading
Saudi Aramco Share Sale Draws Buyers in Droves | 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 Related News By Irina Slav – Jun 03, 2024, 3:03 AM CDT The sale of 1.5 billion shares in Saudi Aramco, which...Continue Reading
U.S. Diesel Demand Hits 26-Year Seasonal Low Amid Economic Slowdown | 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 – Jun 03, 2024, 2:03 AM CDT In March 2024, US diesel demand plummeted...Continue Reading
OPEC+ Extends Oil Cuts Into 2025 | 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 Related News By Irina Slav – Jun 03, 2024, 1:03 AM CDT OPEC and its partners in OPEC+ this weekend decided to extend their...Continue Reading
The oil and gas and basic industry sectors are expected by Barclays to be the most active for M&A during the next year. This week alone, Energy Transfer LP agreed to buy WTG Midstream in a $3.25 billion deal, while ConocoPhillips announced a $17 billion deal for fellow producer Marathon Oil Corp. SourceContinue Reading
Extreme Weather and Red Sea Crisis Trigger Commodities Rally | 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 – Jun 02, 2024, 6:00 PM CDT Extreme weather conditions, including heatwaves and droughts, are driving up the prices of commodities. Shipping...Continue Reading
Saudi Aramco’s $12 billion share sale sold out shortly after the deal opened on Sunday, in a boon to the government that’s seeking funds to help pay for a massive economic transformation plan. SourceContinue Reading
The oil and gas and basic industry sectors are expected by Barclays to be the most active for M&A during the next year. This week alone, Energy Transfer LP agreed to buy WTG Midstream in a $3.25 billion deal, while ConocoPhillips announced a $17 billion deal for fellow producer Marathon Oil Corp. SourceContinue Reading
BHP-Anglo Debacle Shines Spotlight on Copper Scarcity | 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 – Jun 02, 2024, 5:00 PM CDT Copper prices are soaring amid concerns about resource scarcity and expectations...Continue Reading
