OILPRICE
- OILPRICE ( Middle East ) 2024/5/6
Via Metal Miner The Raw Steels Monthly Metals Index (MMI) moved sideways, with a modest 1.86% decline from April to May. U.S. flat-rolled st...
- OILPRICE ( Middle East ) 2024/5/6
Shell is preparing to divest from downstream operations in South Africa as a result of an internal portfolio review, Shell said in a stateme...
- OILPRICE ( Middle East ) 2024/5/6
Four unnamed sources have told Reuters that Saudi state-run oil giant Aramco is in talks to potentially acquire Shell’s billion-dollar gas s...
- OILPRICE ( Middle East ) 2024/5/6
The U.S. Department of Energy has finalized a rule banning fossil fuels from new and renovated federal buildings. The Clean Energy for New F...
- OILPRICE ( Middle East ) 2024/5/6
The Abu Dhabi National Oil Company (ADNOC) has terminated talks to buy a stake in Brazil’s petrochemicals company Braskem from its controlli...
- OILPRICE ( Middle East ) 2024/5/6
Russia’s oil and gas revenues hit $13.5 billion (1.23 trillion Russian rubles) in April, Russian finance ministry data showed on Monday. The...
- OILPRICE ( Middle East ) 2024/5/6
China has added more than 34 gigawatts (GW) of nuclear power capacity over the past decade as new installations surge, the U.S. Energy Infor...
- OILPRICE ( Middle East ) 2024/5/6
French prosecutors have opened an investigation into supermajor TotalEnergies for possible involuntary manslaughter for failing to protect i...
- OILPRICE ( Middle East ) 2024/5/6
China’s state-owned energy giant Sinopec is in talks with Pembina Pipeline Corporation over buying a stake in a planned Canadian LNG project...
- OILPRICE ( Middle East ) 2024/5/6
BP is expected to reverse a previous commitment to reduce oil and gas production by the end of the decade amid a broader pivot in the indust...
- OILPRICE ( Middle East ) 2024/5/6
Saudi Aramco has raised the official selling price of all the grades it exports to Asia, with flagship Arab Light for delivery in June set t...
- OILPRICE ( Middle East ) 2024/5/6
The Abu Dhabi sovereign wealth fund’s investment arm, Mubadala Capital, plans to make a substantial investment in biofuels in Brazil, the Fi...
- OILPRICE ( Middle East ) 2024/5/6
Global gasoline demand is set to decline sizeable this year, according to Wood Mackenzie, driven by greater adoption of electric vehicles, t...
- OILPRICE ( Middle East ) 2024/5/6
Oil prices have recorded the biggest weekly decline in three months thanks in large part to challenging economic indicators and growing dema...
- OILPRICE ( Middle East ) 2024/5/6
The United States says Russia is violating UN-imposed limits on total shipments of fuels to North Korea, signaling it is preparing more sanc...
- OILPRICE ( Middle East ) 2024/5/5
Some materials are transparent to light of a certain frequency. When such light is shone on them, electrical currents can still be generated...
- OILPRICE ( Middle East ) 2024/5/5
Several regions of the world are battling to achieve green hydrogen dominance by rapidly developing their hydrogen production capacity, tran...
- OILPRICE ( Middle East ) 2024/5/5
Last year marked a record for U.S. oil production with an average daily production of 12.93 million barrels per day (BPD). That record was 5...
- OILPRICE ( Middle East ) 2024/5/5
Natural gas markets have recorded a sharp spike in the current week with Henry Hub prices jumping 24% to $2.06/MMBtu as Europe mulls cutting...
- OILPRICE ( Middle East ) 2024/5/5
The United States, the UK, Italy, France, Japan, Germany, and Canada this week struck an agreement to end the use of coal for power generati...
- OILPRICE ( Middle East ) 2024/5/4
Imposing a tax on big fossil fuel companies could boost climate finance by up to $900 billion by the end of the decade. The International En...
- OILPRICE ( Middle East ) 2024/5/4
As the world focuses on transitioning to green, there are big questions about whether new oil and gas resources should be developed. On the...
- OILPRICE ( Middle East ) 2024/5/4
Iran is one of the most sanctioned countries in the world. But restrictions imposed by the United States have largely failed to stymie Iran'...
- OILPRICE ( Middle East ) 2024/5/4
Despite indicating they would refill the Strategic Petroleum Reserve (SPR) by the end of this year, the Department of Energy has now cancele...
- OILPRICE ( Middle East ) 2024/5/3
As the energy transition continues at pace, reducing the carbon footprint of traditionally high-emitting industries is increasingly crucial...