Energy News Beat By Tsvetana Paraskova of OilPrice.com, The European oil and gas majors, which are also the world’s top LNG traders, reported a mixed bag of third-quarter results, with some beating or meeting estimates and others missing expectations amid diverging gas trading opportunities in Europe and Asia. Shell and TotalEnergies, the world’s largest and […]
Energy News Beat Yahoo Finance (Bloomberg) — Oil gained after Saudi Arabia and Russia reaffirmed they will stick with oil supply curbs of more than 1 million barrels a day through the end of the year. West Texas Intermediate crude increased more than 2% to trade above $82 a barrel. Source: Reuters The announcement by the […]
Energy News Beat Oil Price After the sanctions relief from the U.S. last month, Venezuela is in contact with domestic and international oilfield services providers to help it ramp up crude oil production, Reuters reported on Monday, citing sources close to the negotiations. Source: Reuters Venezuela’s state-controlled oil firm PDVSA is discussing hiring equipment and services from […]
Energy News Beat Oil Price Despite the falling and flatlining rig count, U.S. crude oil production managed to hit a monthly record-high in August 2023, boosted by productivity gains and more efficient operations. U.S. exploration and production companies are drilling longer laterals and deploying rigs to the most promising areas to get more bang for their […]
Energy News Beat U.S. investors rebuff big oil climate shareholder resolutions – Oil & Gas 360 Market Data copyright © 2020 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use. The post U.S. investors rebuff […]
Energy News Beat World Oil (WO) – The Energy Workforce and Technology Council issued a statement applauding the passage of H.R. 4821, the Department of the Interior, Environment, and Related Agencies Appropriations Act for Fiscal Year 2024. This bill passed in a bipartisan vote of 213 to 203. Source: World Oil The legislation includes provisions […]
Energy News Beat The State Department said it would be “surprised” if Vladimir Putin were to personally attend the summit in San Francisco The US has sent invitations to the other 20 members of the Asia-Pacific Economic Cooperation (APEC) to take part in a leaders summit slated to kick off on Saturday. Washington does not […]
Energy News Beat As the first frost visits the mountains of western North Carolina, thousands of households are bracing themselves. Thinly insulated manufactured homes will provide little barrier to the cold. Gaps around doorways will invite it in. Old furnaces, if they work at all, will consume already strained monthly budgets. A lucky fraction […]
Energy News Beat Daily Standup Top Stories China, Russia Intensify Efforts to Expedite New Gas Route Supply Agreement November 6, 2023 Mariel Alumit (MENAFN) China National Petroleum Corporation (CNPC) Vice President, Xie Jun, has disclosed that Russian energy giant Gazprom is collaborating with China to fast-track the implementation of a new gas supply route known as […]
Energy News Beat Total geothermal power generation capacity in Africa may reach 13GW in 2050. Kenya and Ethiopia will lead the growth of Africa’s geothermal sector, accounting for close to 90% of total capacity. Many African countries with geothermal potential rely heavily on hydropower for their electricity supply. Africa’s geothermal sector will attract at least […]
