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Browsing: Macro & Financial
The proposed pipeline is expected to deliver up to 50 billion cubic metres (bcm) of gas.Russia, which recently announced progress…
(Oil Price) – Strong gas trading, higher upstream production and liquefaction volumes, and increased refining margins are expected to boost…
(BOE Report) – Chevron on Tuesday named a new head of global exploration as CEO Mike Wirth works to improve the…
Trump administration mulls additional $12 billion clean energy funding cut – Oil & Gas 360
(Investing) – The U.S. government is considering cancelling $12 billion in Congressionally-mandated funding for clean energy projects beyond the cuts…
(Oil Price)– OPEC+ yesterday agreed to yet another monthly boost in production, this time for a modest 137,000 barrels daily. Oil…
ReconAfrica advances drilling at Kavango West 1X exploration well in Namibia – Oil & Gas 360
(World Oil)– Reconnaissance Energy Africa Ltd. (ReconAfrica) reports that drilling operations are progressing on schedule at the Kavango West 1X…
Zephyr Energy announces huge reserves boost, production potential in Paradox basin – Oil & Gas 360
(World Oil)– Zephyr Energy plc announced the results of an updated Competent Person’s Report (CPR) for its Paradox basin assets…
OPEC+ has increased its oil output targets by more than 2.7 million bpd this year, equivalent to about 2.5% of…
Dabhol was the most active delivery point for free-market gas, while Mallavaram led in ceiling-price gas trades.New Delhi: The Indian…
Rising global oil output, meanwhile, is expected to keep prices falling, leaving the majors facing some difficult decisions.The five biggest…