#oilprice.com. × Exxon Bets Big on Natural Gas in Its Eighth Guyana Oil Project | OilPrice.com. ExxonMobil's Longtail project offshore Guyana will be the largest natural gas development in the Stabroek Block, targeting 1.5 billion cubic feet per day of natural gas and 290,000 barrels per day of c
#Mar.11.2025
#oilprice.com. × IEA: The World Needs Upstream Oil and Gas Investment | OilPrice.com. The International Energy Agency (IEA) has shifted its stance, with Executive Director Fatih Birol stating that upstream investments in existing oil and gas fields are necessary to support global energy
#Mar.11.2025
#oilprice.com. × Indonesia Doubles Capacity of New Refinery Projects to 1 Million Bpd | OilPrice.com. Indonesia is doubling its planned refinery capacity to 1 million barrels per day to enhance energy security and reduce its reliance on crude oil and fuel imports.
#Mar.11.2025
#oilprice.com. × U.S. LNG Developers Seek Higher Delivery Prices as Costs Surge | OilPrice.com. US LNG exporters are seeking to renegotiate existing contracts with buyers to raise delivery prices, citing increased construction, liquefaction, and labor costs that have reduced project profitability
#Mar.11.2025
#oilprice.com. × Panama Canal Considers Pipeline to Ship Gas to Asia | OilPrice.com. The Panama Canal is considering building a pipeline to transport liquefied petroleum gas (LPG), potentially shipping US gas to Japan, amidst heightened tensions between the US and Panama.
#Mar.11.2025
#oilprice.com. × Kazakhstan in Talks With Big Oil to Cut Output | OilPrice.com. Kazakhstan is engaging in discussions with major oil companies to reduce its production and align with OPEC+ agreements, aiming to compensate for significant overproduction.
#Mar.11.2025
#oilprice.com. × India’s Clean Energy IPOs Plummet as Valuations Sink | OilPrice.com. India's transition IPOs have sharply declined due to falling valuations, investor skepticism, and challenges in securing long-term energy deals.
#Mar.11.2025
#oilprice.com. × Trump Eyes Metal Refineries on Military Bases | OilPrice.com. Trump plans to establish metal refining facilities on U.S. military bases to boost domestic mineral production and reduce reliance on China.
#Mar.11.2025
#oilprice.com. × Baker Hughes Dashes Hopes That Oil Producers Will Increase 2025 Spending | OilPrice.com. With oil prices falling in the current year, profits are likely to shrink, further limiting Big Oil’s spending power
#Mar.10.2025
#oilprice.com. × Jeff Currie: The World Has Reached Peak Oil Trade | OilPrice.com. Global trade in fossil fuels peaked in 2017 and is set to decline as nations seeking energy security accelerate investments in renewable energy and nuclear power according to Carlyle Group's Jeff Curri
#Mar.10.2025
#oilprice.com. × U.S. Supreme Court Rules In Favor Of Climate Lawsuits | OilPrice.com. The U.S. Supreme Court on Monday rejected a bid by Republican-led states to block lawsuits brought by Democratic-led states seeking to hold oil and gas companies accountable for climate change
#Mar.10.2025
#oilprice.com. × U.S. to Seek Truce Commitment From Ukraine | OilPrice.com. The United States will seek a commitment from Ukraine to a ceasefire process during a meeting in Saudi Arabia, following a suspension of US military aid and intelligence sharing.
#Mar.10.2025
#oilprice.com. × ADNOC Mulls International Listing of Its New $80-Billion Energy Firm | OilPrice.com. ADNOC is considering an initial public offering (IPO) of its newly-created energy investment firm, XRG, on a stock market outside the UAE, potentially becoming one of the world's largest IPOs.
#Mar.10.2025
#oilprice.com. × BP Boss Defends Fossil Fuel U-Turn | OilPrice.com. BP's CEO Murray Auchincloss defends the company's decision to increase fossil fuel production and abandon renewable energy targets, stating it aligns with shareholder interests and corrects past "mispl
#Mar.10.2025
#oilprice.com. × Investors Warn New Vietnam Policy Could Put $13 Billion Green Investment at Risk | OilPrice.com. Investors warn Vietnam that retroactive cuts to feed-in-tariffs for renewable energy projects could result in a $13 billion loss in investment and damage the country's renewable energy sector.
#Mar.10.2025
#oilprice.com. × India’s Coal Imports Drop for Sixth Consecutive Month | OilPrice.com. India's thermal coal imports have declined for six consecutive months due to increased domestic production and subdued demand growth from industry and power generation.
#Mar.10.2025
#oilprice.com. × U.S. Energy Secretary: Shale Could Boost Production Even at $50 Oil | OilPrice.com. U.S. Energy Secretary Chris Wright asserts that U.S. shale producers can maintain production even if oil prices fall to $50 per barrel, citing ongoing innovation and efficiency gains in the sector.
#Mar.10.2025
#oilprice.com. × Kazakhstan Set to Cut Oil Exports Via Caspian Pipeline | OilPrice.com. Kazakhstan will reduce oil flow through the Caspian Pipeline Consortium (CPC) by up to 70% in March, following a period of overproduction and a recent attack on the pipeline.
#Mar.10.2025
#oilprice.com. × Russian Forces Use Gas Pipeline to Launch Attack on Ukraine Troops | OilPrice.com. Russian soldiers used a natural gas pipeline to infiltrate and attack Ukrainian forces in the Kursk region, leading to recaptured towns and claims of Ukrainian losses.
#Mar.10.2025
#oilprice.com. × Oil Prices Start the Week Lower on Tariff Fallout | OilPrice.com. Crude oil prices began the week with losses due to trade tensions from tariffs, Saudi Arabia's price cuts, and weak Chinese economic data, indicating concerns about demand and supply.
#Mar.10.2025
#oilprice.com. × Rystad: Oil Prices Under Pressure, But Don’t Expect a Freefall | OilPrice.com. February marked the seasonal low point for global refinery demand, and between now and August, refinery runs are expected to rise by 3 million barrels per day
#Mar.07.2025
#oilprice.com. × Shell Boosts Deepwater Oil Production Offshore Malaysia | OilPrice.com. Shell has begun oil production at the fourth phase of its Gumusut-Kakap-Geronggong-Jagus East deepwater project offshore Malaysia, contributing to its strategy of boosting fossil fuel output.
#Mar.07.2025
#oilprice.com. × Indian Refiner BPCL Seeks to Buy U.S. WTI Oil in Four Consecutive Months | OilPrice.com. Bharat Petroleum Corporation Limited (BPCL) plans to issue a tender to purchase U.S. WTI crude for four consecutive months, aiming to diversify supply amid changing Russian oil availability and strengt
#Mar.07.2025
#oilprice.com. × Russia Attacks Ukraine’s Energy and Gas Infrastructure | OilPrice.com. Russia attacked Ukrainian energy and gas infrastructure, causing damage to Naftogaz gas production sites, according to Ukrainian officials.
#Mar.07.2025
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