ConocoPhillips Set to Become First U.S. Major to Sign Post-War Syria Gas Deal
Banks Slash Oil Price Forecasts After U.S.-Iran Breakthrough
World’s Largest Tanker Operator Cautions Against Hormuz Rush
India’s ONGC Considers Resuming Venezuela Oil Operations
Qatar Eyes Quick LNG Restart Once Hormuz Reopens
Dubai and Murban Crude Signal End of Middle East Supply Crunch
Europe Wary of Sending Hormuz Aid as Questions Linger
Oil Drops Over 2% to 3-Month Low as Markets Weigh US-Iran Peace Deal
US Grid’s $1 Trillion Problem Could Equal a $1 Billion Payout for Power CEOs
Spot Oil Premiums Slip to Pre-War Levels After US-Iran Deal, But Shipping Angst Provides Floor
Brazil’s Angra 1 approved for 20-year life extension
Friday, 22 November 2024 Angra 1 and 2 (Image: Eletronuclear) Angra 1 reached criticality in 1982 and entered commercial operation in 1985. The Westinghouse pressurised water reactor has a design…
EMGS wins CSEM survey contract for offshore hydrocarbon detection in India
Subsea Exploration India November 22, 2024 Electromagnetic Geoservices (EMGS) announced they have signed a contract with an undisclosed client for a controlled source electro-magnetic (CSEM) survey in India. …
CCUS plan targets Net Zero goals in Western Australia
The Western Australian Government has released its carbon Capture, Utilisation and Storage (CCUS) Action Plan, highlighting the role of the technology in achieving Net Zero emissions. The Chamber of Minerals…
McDermott and Willis Sustainable Fuels advance Teesside’s SAF ambitions
McDermott has secured a master services agreement (MSA) from Willis Sustainable Fuels Limited (WSFL) to support the development of UK-based sustainable aviation fuel (SAF) facilities. Initially, the contract will focus…
Hermes 2 construction permits approved by US Nuclear Regulatory Commission
Thursday, 21 November 2024 A rendering of the Hermes 2 plant (Image: Kairos) The permits will authorise Kairos to build a facility with two 35 MWt molten salt-cooled reactors that would…
Kuwait plans $30 billion, five-year spend strategy to boost oil production
(Bloomberg) – Kuwait Petroleum Corp. plans to spend about 10 billion dinars ($33 billion) over five years to ramp up oil production capacity, betting on robust demand for decades to…
Oil price steadied by geopolitical risks and Chinese imports, analysts say
Crude oil futures remain steady, supported by geopolitical tensions and a rebound in Chinese crude imports, according to a Pepperstone analyst. The ongoing conflict in Ukraine continues to threaten supply…
MOL Group signs exploration agreement with Kazakhstani national oil company, KazMunayGas
MOL Group and Kazakhstani national oil company KazMunayGas (KMG) have signed today a cooperation agreement to jointly explore opportunities in the oil, gas and petrochemical sector. This agreement builds on…
Kuwait plans $30 billion, five-year spend strategy to boost oil production
(Bloomberg) – Kuwait Petroleum Corp. plans to spend about 10 billion dinars ($33 billion) over five years to ramp up oil production capacity, betting on robust demand for decades to…
Oil price steadied by geopolitical risks and Chinese imports, analysts say
Crude oil futures remain steady, supported by geopolitical tensions and a rebound in Chinese crude imports, according to a Pepperstone analyst. The ongoing conflict in Ukraine continues to threaten supply…
