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Browsing: Interest Rates Impact on Oil
OPEC data indicate small Q2 surplus ahead of key OPEC+ decision on resuming oil output hikes – Oil & Gas 360
(Investing) – LONDON – OPEC on Wednesday forecast world oil demand from the OPEC+ group will drop by 400,000 barrels…
bp halts shareholder buybacks as new CEO prepares upstream-focused turnaround – Oil & Gas 360
(World Oil) – bp has suspended its share buyback program and is prioritizing balance-sheet repair as the company works through a…
Queensland opens up Australia’s first major new oil province in 50 years – Oil & Gas 360
(Oil Price) – The Queensland government has appointed its preferred tenderers to explore for oil and gas in the Taroom Trough,…
US issues fresh guidance to vessels transiting Strait of Hormuz as Iran tensions simmer – Oil & Gas 360
(BOE Report) – The United States issued fresh guidance on Monday to commercial vessels transiting the Strait of Hormuz, a…
(World Oil) – Canadian oil producers riding a boom from the expanded Trans Mountain pipeline are now grappling with increasing…
Transocean to acquire Valaris in $5.8-billion deal, creating offshore drilling giant – Oil & Gas 360
(World Oil) – Transocean Ltd. has agreed to acquire offshore driller Valaris Ltd. in an all-stock transaction valued at approximately $5.8 billion, creating…
(Investing) – LONDON – Oil prices were stable on Monday after the U.S. and Iran pledged to continue indirect talks, easing…
(Oil Price) – The Namibian government will not recognize an asset acquisition deal involving TotalEnergies and Petrobras because they did not…
(Oil and Gas 360) – Energy Advisors continuing series on Coterra Energy, Devon Energy, Kimmeridge, and Scott Sheffield asks the ultimate question: Can 1+1…
(Oil Price) – TotalEnergies is expanding its exploration portfolio offshore Namibia with acreage north of a block where a major oil…