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World Oil News
The world’s biggest oil company reiterated its warning that producers’ spare capacity is running low and said there wouldn’t be any left once China ends its Covid Zero strategy. Source
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Heerema Marine Contractors’ semi-submersible crane vessel, Thialf, crossed under the Storebaelt Bridge, known as the ‘gate to the Baltic Sea,’ marking the first time a Heerema crane vessel has accessed the region. Source
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Heerema Marine Contractors crossed the Storebaelt Bridge, known as the ‘gate to the Baltic Sea’ with the semi-submersible crane vessel Thialf, marking the first time a Heerema crane vessel has accessed the region. Source
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American operator Zion Oil and Gas continues to be optimistic about a wildcat well it has drilled onshore Israel. Source
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These studies provide an accurate, unique, and independent assessment of carbon storage opportunities coupled with a desktop-ready database required for informed and rapid decision making. Source
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Hungary is one of the EU nations most reliant on Russia for energy, and has seen the cost of oil and gas imports soar to an estimated $19 billion this year from $4 billion in 2019, according to government data. Source
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OPEC+ will consider cutting oil output by more than 1 million barrels a day, according to delegates, when it meets in person on Wednesday for the first time in more than two years. Source
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Skyrocketing oil prices have helped make oil and gas producers the best performers in the stock market this year, triggering a rapid rise in dividend payments and a bonanza of special dividends. Source
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The American Petroleum Institute (API) and American Fuel & Petrochemical Manufacturers (AFPM) released a statement after a meeting that included Secretary of Energy Jennifer Granholm, senior White House officials and leaders of the top U.S. refining companies. Source
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Skyrocketing oil prices have helped make oil and gas producers the best performers in the stock market this year, triggering a rapid rise in dividend payments and a bonanza of special dividends. Source
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