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Oil Price
Nigeria, Other OPEC Nations Earn $873.6bn From Oil Export in 2022
Nigeria and other countries in the Organization of Petroleum Exporting Countries(OPEC), earned $873.6 billion from oil export in 2022.The OPEC’s petroleum expo…
Oil Price
California New Oil Well Approvals Have Nearly Ground to a Halt
Active pumpjacks from oil wells are pictured at the Inglewood Oil Field, the largest urban oil field in the United States, from the Baldwin Hills Scenic Overloo…
Oil&Gas Drilling
Saudi Output Cuts Helping Drive up Global Oil Markets
General view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah/File PhotoPrices for sour crude…
Biofuel
US Lawmakers Seek to Lower Biofuel Blending Compliance Costs
A gas pump displays the price for E15, a gasoline with 15 percent of ethanol, and various other ethanol blends at a gas station in Nevada, Iowa, United States, …
Oil Price
Oil Prices Rise in Early Trade as US Inflation Cools
A view of the Johan Sverdrup oilfield in the North Sea, January 7, 2020. Carina Johansen/NTB Scanpix/via REUTERS/File PhotoOil prices rose in early Asian trade …
Coal Trade
N. Korea Continues to Export Coal Despite UN Sanctions
A ship docked at Nampo Port.(Wikimedia Commons)North Korea is actively exporting coal in defiance of a UN Security Council sanctions resolution, Daily NK has le…
Oil & Gas Supply
UK Gas Sufficient to 2050 but Price Spikes Likely – TSO
(Montel) The UK will not experience any significant gas shortages over the next quarter century thanks to diverse supply sources and declining demand but it wil…
Oil & Gas Trade
India Is Using Chinese Yuan to Pay For 10% Of Its Russian Oil Imports, Rest in Rupee and Dirham
India is making about 10 percent of its payments for Russian oil in the Chinese yuan, ThePrint has learnt, with the rest of the payments being made in Indian ru…
Oil&Gas Drilling
Two New Blocks Awarded for Oil, Gas Search
Saudi Arabia supplies more than half of Bangladesh’s crude imports, but Dhaka has been hit hard by a global surge in energy and food prices.—Reuters phot…
Power Construction
Power Prices to Remain Elevated Until Late 2030s, Report Warns
Latest long-term power forecast from Cornwall Insight warns rising power demand, increasing exports, and continued reliance on gas will mean prices are likely t…
Oil Price
Callon Petroleum Company Announces the Closing of Delaware Basin Acquisition and Eagle Ford Divestiture
HighlightsReduces Outstanding Debt by Approximately $300 MillionWill Commence Share Buyback Program in the Third QuarterCallon Petroleum Company (NYSE: CPE) ("C…
LNG
Tinubu Backs $5BN Floating LNG Project Implementation Venture to Provide 7,000 Jobs, Crash Prices —Rone
PRESIDENT Bola Tinubu on Wednesday gave his support to the implementation of a $5 billion Floating Liquefied Natural Gas (FLNG) project in the country.He gave t…
Battery
Australia Forecasts Brutal Lithium Price Correction as Output Surges
Greenbushes lithium mine, the world’s largest, is located 250km south of Perth. (Image courtesy of Talison Lithium.)The lithium market has been in turmoil with…
Oil Price
Saudi Arabia, Russia Deepen Oil Cuts, Sending Prices Higher
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, Septemb…
Oil Price
Sheetz to Offer $1.776 Gas for July 4th in Much of the Region
HUNTINGTON/CHARLESTON, W.Va. (WSAZ) - How does $1.77 a gallon gas sound?It will be a reality Tuesday, July 4 for Sheetz customers in parts of the Mid-Atlantic, …
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