Nigeria Plans to Offer Crude Trading on Bourse for First Time
- Fri, 19 Apr 2024 20:00:00 GMT
It will be the first time the fossil fuel will be traded on an exchange in Africa's largest oil producer.
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Oil Managed Slight Gain as Risk Premium Falls
- Fri, 19 Apr 2024 19:35:23 GMT
Oil eked out a meager gain after Iranian media appeared to downplay the effect of Israeli strikes, lowering the geopolitical risk premium for crude.
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ReconAfrica to Drill Namibia Asset in June
- Fri, 19 Apr 2024 18:00:01 GMT
The company is targeting 163 million barrels of unrisked prospective oil resources.
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US DOE Releases Strategy to Connect Renewable Energy to Grid
- Fri, 19 Apr 2024 17:30:00 GMT
The Transmission Interconnection Roadmap sets targets by 2030 concerning project approval time, costs and completion rates.
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Emissions Data Firm Bags $6.5MM in Seed Funding
- Fri, 19 Apr 2024 16:00:00 GMT
Momentick's mission is 'to provide an emissions intelligence platform for countries, industries, and companies'.
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What Would an All-Out War in the Middle East Mean for USA Gasoline Prices?
- Fri, 19 Apr 2024 14:00:00 GMT
'It would mean extreme price volatility,' EIR warned.
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BP, Petrobras to Explore Collaboration Opportunities
- Fri, 19 Apr 2024 14:00:00 GMT
The two companies are partners in exploration blocks in the Exploration & Production (E&P) segment.
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Wood to Provide Project Management for NZT Power, NEP
- Fri, 19 Apr 2024 13:27:59 GMT
NZT Power aims to be one of the world's first commercial-scale gas-fired power stations with carbon capture.
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Iran-Israel Conflict Has Potential to Further Disrupt Shipping Industry
- Fri, 19 Apr 2024 10:33:19 GMT
'The risk profile for commercial vessels operating in the region remains at severe/critical,' Dryad stated.
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Iran Acknowledges Drone Attack by Israel and Says It Failed
- Fri, 19 Apr 2024 10:24:27 GMT
Israel launched a retaliatory strike on Iran following last week's missile and drone barrage from Tehran, according to two U.S. officials.
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Analysts Believe Oil Market Is Underpricing Risk
- Fri, 19 Apr 2024 08:27:35 GMT
Analysts at Standard Chartered said they think geopolitical risk in oil has escalated significantly.
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Woodside Logs Lower Quarterly Revenue as Output, Prices Fall
- Fri, 19 Apr 2024 07:57:37 GMT
Woodside posted a lower quarterly revenue of $3 billion as selling prices and production and sales volumes fell.
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Canada Needs Further Pipeline Expansion: Tamarack CEO
- Fri, 19 Apr 2024 06:30:00 GMT
Tamarack Valley Energy CEO Brian Schmidt sees a need for even more export capacity in the long run as drillers ramp up output from newer fields.
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Canacol Makes Second Gas Discovery in Weeks in Colombian Basin
- Fri, 19 Apr 2024 06:30:00 GMT
Canacol found 123 feet of net gas payzone in the Chontaduro 1 well.
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Europa Oil & Gas Revenue Hit by Wressle Shutdown
- Fri, 19 Apr 2024 06:30:00 GMT
Europa Oil & Gas posted a revenue of $1.7 million for the six months to January 2024.
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European Gas Options-Buying Jumped During Recent Price Swings
- Thu, 18 Apr 2024 20:00:01 GMT
Intense swings in European natural gas prices have prompted traders to pile into options contracts.
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Oil Swings Amid Rising Iranian Threats
- Thu, 18 Apr 2024 19:22:47 GMT
Oil fluctuated as markets weighed Iran's threats on Israeli nuclear sites against a stronger US dollar.
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NG Energy Inks More Long-Term Agreements for Colombia Production
- Thu, 18 Apr 2024 16:00:00 GMT
The company has now sold approximately 14.8 million cubic feet per day of production under long-term natural gas sales contracts.
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US Confirms Reimposition of Oil Sanctions against Venezuela
- Thu, 18 Apr 2024 15:35:49 GMT
Washington will not renew a reprieve issued to Caracas for oil and gas activities, accusing the Maduro regime of reneging on a commitment to upholding fair elections.
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USA Commercial Crude Oil Inventories Rise
- Thu, 18 Apr 2024 15:26:17 GMT
Crude oil stocks in the U.S., not including the SPR, stood at 460.0 million barrels on April 12.
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