The U.S. is trying to re-focus its energy relationship with top Middle East OPEC countries, notably Saudi Arabia, after a period of tension between Washington and Riyadh over high oil prices. SourceContinue Reading
Building on an existing collaboration that has been ongoing since Aker BP was established, KDI will continue to contribute in accelerating Aker BP’s digitalization process by enabling real-time cloud-based data access, supporting decision-making, and improving efficiency. SourceContinue Reading
Natural gas futures plummeted 11% in the U.S. as forecasts shifted warmer through the middle of next month, allaying concern about tight domestic supplies amid a global shortage of the heating fuel. SourceContinue Reading
DNV, the independent energy expert and assurance provider, is working with Wintershall Noordzee and the OTH Regensburg University of Applied Sciences to explore how existing natural gas pipelines in the southern North Sea can be used for future CO2 transport. SourceContinue Reading
Oil headed for the biggest monthly loss since the early days of the coronavirus pandemic as investors weighed risks posed by the new omicron variant. SourceContinue Reading
Nordic oil producer Lundin Energy AB is exploring a potential sale that could rank as one of the largest European oil and gas deals in years, people with knowledge of the matter said. SourceContinue Reading
Energy producers — not the transition to a greener economy — are a key reason for soaring natural gas and power prices in Europe, according to International Energy Agency Executive Director Fatih Birol. SourceContinue Reading
OPEC and its allies will discuss their response to the Omicron variant of the coronavirus at their meeting this week, although their knowledge of the potential impact on oil markets remains limited. SourceContinue Reading
Saudi Arabia’s Energy Minister Abdulaziz bin Salman played down the likely fallout from the new coronavirus variant that pummeled oil markets last week. SourceContinue Reading
Royal Dutch Shell Plc faces a growing campaign against its plans to conduct a seismic survey of potential oil and gas reservoirs off South Africa’s rugged coastline. SourceContinue Reading
