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World stocks edge higher, oil falls
1732072254 from OIL&GAS
… incoming White House administration, while oil prices eased as tensions rose between … updated nuclear doctrine. Oil prices dipped, with Brent crude futures down 0.12pc … , while US West Texas Intermediate crude futures at $69.08 a …
Palm oil gains on bargain buying
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… market. The benchmark palm oil contract for February delivery on … overall tightness in the palm oil supply situation ahead of … 1-20 period on Wednesday. Crude oil slipped pressured by the restart … limited the decline. Weaker crude oil futures make palm a less …
Oil prices flat amid Russia-Ukraine tensions, US inventory build
1732070465 from OIL&GAS
Investing.com-- Oil prices steadied in Asian trade … . stockpiles weighed on prices. Oil prices marked some gains this week … resumed on Tuesday. Brent oil futures expiring in January steadied … barrel, while West Texas Intermediate crude futures steadied at $69. …
Oil nudges up on escalating Ukraine war, signs of improving China demand
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… per barrel. U.S. crude oil stocks were seen rising by … s largest crude importer, may have stepped up oil purchases this … oil price sentiment. Data from vessel tracker Kpler showed China's crude … this year have pulled down oil prices, with Brent sinking 20% …
Oil settles flat as Sverdrup field restart counters geopolitical concerns
1732066250 from OIL&GAS
… weekend’s escalation”. Also supporting oil prices, supply issues persisted in … to signs of higher crude oil purchases by top importer … a barrel. China’s crude oil imports in October fell from … to report slightly higher crude oil and petrol stockpiles for …
US oil futures unchanged after API reports much larger increase in crude supplies
1732065892 from OIL&GAS
Investing.com -- U.S. crude oil futures were roughly unchanged in … , though gasoline supplies ticked up. Crude Oil WTI Futures, the U.S … .39 a barrel. U.S. crude inventories rose by about 4 … that includes diesel and heating oil -- fell by 688,000 …
Nigeria's Richest Man Confronts ‘Oil Mafia’ With New $20B Refinery
1732065210 from OIL&GAS
… . NNPC swaps Nigeria’s crude oil for refined products, including … crude, a light-sweet crude oil grade produced at the Bonny oil … losing nearly all the oil output at oil hub Bonny, “ … Africa Oil+Gas Report told BBC. Meanwhile, the oil and gas multinational …
Oil thieves angry with me, says Tompolo
1732064337 from OIL&GAS
… According to him, the oil thieves are powerful people outside … surveillance operations to round up crude oil barons, Tantita had stepped … that efforts to checkmate crude oil theft were being sabotaged … meet its minimum OPEC quarter for oil production. We felt …
North Dakota oil, gas production rise in September
1732060403 from OIL&GAS
… West Texas Intermediate crude, the U.S. oil pricing benchmark, was … ECKER, TRIBUNE The natural gas capture rate across the state … infrastructure and processing capacity. Gas capture on the Fort … pressure drops, bringing more gas to the surface. Infrastructure …
Our Resentment On The War Against Crude Oil Theft - Tompolo
1732057878 from OIL&GAS
… frustrating the war against crude oil theft in the region. … intercepted a vessel carrying stolen crude oil in Port-Harcourt, the … in the production of crude oil. He congratulated all stakeholders … to meet its minimum OPEC quarter for oil production. We felt …
Barite Market To Grow By USD 353.88 Million (2024-2028), Driven By Increased Oil And Gas Drilling Activities, With Market Evolution Powered By AI - Technavio
1732057023 from OIL&GAS
… of crude oil significantly impacts the financial performance of upstream oil and gas … operations. These fluctuations in oil prices and demand can significantly impact … , Natural gas resources, Sedimentary rock, Lead, Zinc, Silver, and Oil prices. Barite …
Brent Oil Futures Maintain $70 Floor As Outages Drive Prices Higher
1732055790 from OIL&GAS
… January. While OPEC never officially comments on oil price levels, the … more U.S. oil, especially light sweet crude, is likely heading … oil demand next year, and a potentially stronger dollar, crude prices … may trigger will help non-OPEC, especially U.S. …
OPEC: Azerbaijan plays constructive role in regulating global oil market
1732054463 from OIL&GAS
Azerbaijan plays a constructive role in regulating the global oil market, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Haitham Al-Ghais said during his meeting with Azerbaijan’s Energy Minister Parviz Shahbazov on the
Could a second Trump term spur oil and gas hiring? What a Louisiana recruiter predicts
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… result in an uptick in oil and gas hiring—at least at … ’s been more difficult for oil and gas companies to get wells … that increased production would reduce oil prices, which could actually suppress hiring … to Mount, U.S. oil and gas hiring has in recent years …
Creative arts, technology Nigeria’s new oil – Sanwo-Olu
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… reduce its dependence on crude oil. Speaking at the 36th … decades of reliance on crude oil exports and importation of … from our overdependence on crude oil and gas. “Diversifying our export base … Technology Are New Nigeria’s Crude Oil – Sanwo-Olu.” The event …
UK’s offshore oil & gas decom bill to hit £24.6 billion by 2033
1732050465 from OIL&GAS
… environmental guidance for offshore oil and gas projects, following the … from the combustion of oil and gas into environmental impact … a vital bridge between oil and gas work today and … pragmatic regulatory regime would oil the machinery and stimulate …
Unapologetic Azerbaijan drills for oil bear climate talks
1732049109 from OIL&GAS
… , I mean, the oil and gas countries, fossil fuel producing … said that the “main oil and gas producing countries already adopted … visible as they pump out crude oil. Several of the wells … Azerbaijan is expanding its oil & gas business, like several other …
Give thanks at the pump: Oregon gas prices fall to lowest of the year, AAA says; Bend still lowest metro area in the state
1732047938 from OIL&GAS
… PORTLAND, Ore., (KTVZ) – Gas prices continue to edge lower … AAA Thanksgiving news release. Gas prices typically drop in … production cuts by OPEC+ have tightened global crude oil supplies, which … season can also impact crude oil prices, if a major storm …
TC Energy CEO sees opportunity in Trump win as company refocuses on natural gas
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… a 1,900-kilometre proposed crude oil transportation pipeline that would … the spinoff of its crude oil pipeline business into a … increasing the export of crude oil from Alberta, that would … exports of liquefied natural gas, growing electrification, and the …
TC Energy says North America's natural gas demand to soar, driven by LNG exports
1732046988 from OIL&GAS
… growth in liquefied natural gas exports and power generation. … largest source of natural gas demand growth going forward.” … completed the spinoff of its crude oil pipeline assets into a … for southeast Virginia to serve gas utility customers. • Email: …
Visualizing the Gold-to-Oil Ratio (1946-2024)
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… , indicating when gold or oil prices are significantly out of balance … (WTI) crude oil. WTI is a grade of crude oil and one … relatively expensive compared to WTI crude oil, and vice versa. This … energy in the form of crude oil, or periods of monetary …
Economists urge FG to lower 2025 budget oil price benchmark to $70p/b
1732045744 from OIL&GAS
… Federal Government to revise oil price benchmark in the proposed … (NES), recommended revising the oil price benchmark in the proposed budget … region, with the Nigerian crude oil variety Bonny Light trading … as the stoppage of OPEC+ oil production cuts by 2025 …
Oil Steadies as Sverdrup Restart eases Geopolitical Jitters
1732044785 from OIL&GAS
… Russia-Ukraine war. Brent crude futures LCOc1 fell 0.1% … U.S. West Texas Intermediate crude futures CLc1 gained 0.1% … for other currency holders. Oil prices also came under pressure after … weapons grade. U.S. crude oil and gasoline stockpiles likely rose …
Eunisell Advocates for Domestication of Nigeria’s oil & gas Industry
1732044651 from OIL&GAS
… domestication in Nigeria’s oil and gas sector. Speaking during the … capabilities to domesticate the oil and gas value chain. You can … . “The domestication of oil and gas operations is not only … building within Nigeria’s oil and gas sector. Its continued support …
Escalation in Ukraine War Brings Back Geopolitical Risk in Oil
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… s Crude Oil Shipments Slump Brazil Eyes Argentina’s Shale Gas Bounty … agreement to develop natural gas infrastructure that would connect … ensuing fire severely damaged gas pipelines and high-pressure … lifted by Russian pipeline gas woes and disappointing wind …
Oil, Gas, and COVID-19
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… whether proximity specifically to oil and gas development could also be … (10 kilometers) of active oil and gas wells. In addition to … , such as how much oil and gas they produced. In communities … Citation: Derouin, S. (2024), Oil, gas, and COVID-19, Eos, 105 …
Oil Glut Possible In 2025
1732044328 from OIL&GAS
… weeks of steady decline, oil prices ticked higher to start the … and that has got oil prices jumping up a bit here … other market watchers believe oil prices may decrease over the … far less crude oil to maintain upward pressure on oil price. And OPEC, which …
Should Offshore Oil Rigs Be Turned into Artificial Reefs?
1732039073 from OIL&GAS
… 142,800 gallons of crude oil into the Santa Barbara Channel … are, funded by oil and gas contributions and the interest … trips were associated with oil and gas structures. “This whole … Barbara, that absolutely despise oil and gas companies,” Bull says. This …
10,390 acres NW of Meeker considered for oil, gas lease sale
1732038195 from OIL&GAS
… northwest of Meeker in an oil and gas lease sale next year … has offered little acreage for oil and gas lease sales during the … to the BLM's oil and gas program. In June 2022 … that will ramp up American oil and gas production. The BLM says …
Oil steadies as Sverdrup field restart counters geopolitical concerns
1732031104 from OIL&GAS
LONDON: Oil prices steadied on Tuesday as the … helped lift oil prices by over 3% on Monday. Brent crude futures were … U.S. West Texas Intermediate crude futures slipped by 19 cents … Giovanni Staunovo, analyst at UBS. Oil prices up nearly 3pc The U …
EFCC Convicts Oil and Gas Association Chairman For Fraud
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… Chairman of the Natural Oil and Gas Suppliers Association of Nigeria … Chairman of the Natural Oil and Gas Suppliers Association of … Chairman of the Natural Oil and Gas Suppliers Association of … Chairman of the Natural Oil and Gas Suppliers Association of …
Texas oil and natural gas industry job growth continues to remain strong
1732025957 from OIL&GAS
… without the oil and gas sector. The oil and gas industry powers … growth in domestic crude oil and natural gas output is on … the EIA projects domestic crude oil production will increase to … importance of domestic oil and natural gas production,” TIPRO President …
Stoves using old engine oil and cooking oil gain popularity
1732024502 from OIL&GAS
… engine oil and cooking oil. Local-made stoves, which function like gas … stove but using old engine oil and cooking oil without … needing to use gas, have … functions by used engine oil or cooking oil. A small fan …
Long-term effects of Trump plans for oil, gas
1732023934 from OIL&GAS
New details on allegations against Donald Trump's attorney general pick Matt Gaetz. Also, the Kremlin slams President Biden's decision allowing Ukraine to use American missiles for targets inside Russia. All that and all that matters in today's …
AccelESG and Pana Holdings Announce Strategic Partnership to Advance ESG Initiatives in Nigeria’s Oil and Gas Industry
1732023609 from OIL&GAS
… Nigeria’s Oil and Gas Industry: Nigeria’s Oil and Gas industry, … Nigerian companies operating in Oil & Gas, Power and other … • ESG Solutions for Oil & Gas and beyond: Leveraging AccelESG … , and especially the Oil and Gas industry. This collaboration …
Putin’s best weapon to pay for the Ukraine war is not oil; it's VAT
1732023451 from OIL&GAS
… of Russian crude oil has been sold below the oil price cap … the anticipated reduction in oil and gas income. This includes … says Renaissance Capital. While oil and gas revenues surged in September … If oil prices crashed to $50 a barrel the oil and gas revenues …
NG Energy to Present at the Oil & Gas Virtual Investor Conference on November 21st
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… a growth-orientated natural gas exploration and production company … trajectory, delivering natural gas into the premium-priced … The determination of oil and natural gas reserves involves … of commercially recoverable oil, natural gas and related substances …
Saudi Arabia’s Crude Oil Export Rise To 5.75 Million Barrels A Day In September
1732022836 from OIL&GAS
… world’s top crude oil exporter, saw its oil production fall slightly … 9 million bpd” with the OPEC+ production cuts and the … reduction. Saudi Arabia and its OPEC+ partners have delayed their … month, OPEC last week slashed its estimate of global oil demand …
Gold and oil prices fall over strong dollar
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… campaign and post-election. Oil prices fell over 2% on Friday … barrel, while West Texas Intermediate crude futures (WTI) fell by … were to escalate further. Oil prices also fell this week as … place from OPEC+. OPEC cut its forecast for global oil demand growth …
Crude oil rises after Ukraine hits Russia with U.S.-made, longer-range missiles
1732021511 from OIL&GAS
Crude oil futures rose slightly on Tuesday, … . Year to date, U.S. crude oil has declined nearly 3%. Brent … has fallen nearly 3%. Natural Gas December contract: $2.977 per … , gas has gained more than 18%. While oil prices were little changed Tuesday, crude …
PHIL SEEFRIED JOINS FIRST STATE HYDROGEN’S ADVISORY BOARD
1732021200 from OIL&GAS
First State Hydrogen, Inc. Is Building Out a Powerful Advisory Board As It Focuses on An Aggressive Commercialization Timeline WILMINGTON, DE, UNITED STATES, November 19, 2024 /EINPresswire.com/ -- First State Hydrogen, Inc. announced today that …
4 things Trump can — and can’t — do to boost oil and gas
1732019780 from OIL&GAS
… and OPEC countries considering a production increase, mean oil companies … oil and gas development, though it remains up to oil and gas … slow economic activity and bring oil prices down by $5 to … known as “sweet” crude. Sweet crude is easier and less energy …
Why Trump’s ‘drill, baby, drill’ pledge may not actually lower US gas prices
1732018141 from OIL&GAS
… president-elect’s promise, oil and gas companies probably have other ideas … equals increased profits for oil companies, even as crude-oil prices stay flat, said … Petroleum Exporting Countries (Opec) flooded the global market with oil, sending petroleum …
Global Oil And Gas Construction Insights Report, Q3 2024: Track $3.4 Trillion In Projects From Pre-Planning To Execution Stage
1732016389 from OIL&GAS
… Project Insight - Global Oil and gas construction Projects (Q3 … a detailed analysis of oil and gas construction projects globally. … analyst is tracking oil and gas construction projects with a … the development of the oil and gas construction sector. Assess …
Oil And Gas Sector Strategies For Low-Carbon Fuels, 2024 Industry Research - Decarbonization Journey With Strategic Focus On Low-Carbon Fuel Development
1732016379 from OIL&GAS
… infrastructure becoming obsolete. The oil and gas industry currently faces numerous … imposed by governments, which threatens oil and gas companies' profits. … fuels, including refinery retrofitting; Crude oil refinery conversion and coprocessing vs …
EU sends 113 representatives of oil, natural gas lobby to Azerbaijan
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Representatives of the fossil fuel sector have a strong presence in Baku, the capital of Azerbaijan, Euronews reports. According to a report by the Kick Big Polluters Out coalition, a body of 450 NGOs, up to 1,773 lobbyists traveled to Baku for the United …