Orsted has hiked its full-year earnings guidance as the Danish group’s offshore wind projects drove profits upward in the first nine months of the year. Full-year earnings before interest, taxation, depreciation and amortisation (EBITDA) is expected to come in at between DKK 24bn to 26bn (£2.6bn to £2.9bn), narrowed from a prior forecast of 23bn...Continue Reading

Iran’s Oil Supply to China Most Expensive in Five Years As Loadings Fall | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 05, 2024, 11:30 AM CST Iran’s crude oil going to China these days is priced at its narrowest discount to Brent in five...Continue Reading

Foreign Interference Threatens U.S. Election Integrity, Officials Warn | 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 Premium Content By RFE/RL staff – Nov 05, 2024, 11:00 AM CST U.S. intelligence and security...Continue Reading

Geopolitical Risks Boost Oil Hedging to Record Highs | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 05, 2024, 10:30 AM CST Traders and investors traded record-high numbers of options and futures contracts in October, seeking to profit from the oil market volatility and protect...Continue Reading

Lower oil prices and subsidies for domestic refiners resulted in a 29% annual plunge in Russia’s oil revenues in October, Bloomberg’s estimates based on official government data showed on Tuesday. In October, international oil prices and the price of Russia’s flagship crude, Urals, slumped compared to the same month of 2023. This eroded Russian revenues...Continue Reading

Chevron to Boost Exploration in West Africa | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 05, 2024, 9:30 AM CST Unlike the other supermajors, U.S. oil and gas giant Chevron is buying into offshore blocks offshore Angola and Nigeria in West Africa, looking to...Continue Reading

Oil Markets on Edge Ahead of Tight U.S. Presidential Election | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Nov 05, 2024, 9:03 AM CST The U.S. presidential election promises to dominate global news coverage for the next 24 hours, and...Continue Reading

Shell Turns Germany’s Top Refinery Green | 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 – Nov 05, 2024, 8:30 AM CST Shell is gearing up to transform its largest German oil refinery,...Continue Reading

Marathon Petroleum Tops Estimates Despite Earnings Slump | 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 – Nov 05, 2024, 7:30 AM CST Marathon Petroleum Corp (NYSE: MPC) beat the analyst consensus...Continue Reading

Soaring Chinese Crude Futures Attract High Middle East Volumes | 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 – Nov 05, 2024, 6:34 AM CST Soaring crude futures prices on the Shanghai...Continue Reading