OILPRICE
- OILPRICE ( Middle East ) 2024/12/4
The High Court of South Africa has ruled that government plans for new coal-fired power capacity are unlawful as they violate the constituti...
- OILPRICE ( Middle East ) 2024/12/4
Saudi state oil giant Aramco is teaming up with the world’s largest oilfield services provider, SLB, and the world’s largest industrial gase...
- OILPRICE ( Middle East ) 2024/12/4
China could keep the pace of approving at least 10 new nuclear reactors over the next 10 years, a domestic industry group says, as the count...
- OILPRICE ( Middle East ) 2024/12/4
In a boon to the UK’s energy security, EDF has announced it would keep four of Britain’s currently five nuclear power plants operating for l...
- OILPRICE ( Middle East ) 2024/12/4
Dan Ammann, the former president of General Motors, has been appointed head of Exxon’s oil and gas business, after serving as head of its lo...
- OILPRICE ( Middle East ) 2024/12/4
Meta, the owner of Facebook, has officially joined the race for nuclear power generation to secure the energy supply for its artificial inte...
- OILPRICE ( Middle East ) 2024/12/4
This week, the OPEC+ group is meeting to discuss when and how to begin easing the ongoing production cuts. The alliance looks to have dug it...
- OILPRICE ( Middle East ) 2024/12/4
China's dominance in Rare Earth metals is hard to ignore, But for one lesser-known metal that fuels the U.S. defense sector, China's grip is...
- OILPRICE ( Middle East ) 2024/12/4
Wind power is the leading technology of the energy transition in the UK. It is the basis for the transition shift championed by the Starmer...
- OILPRICE ( Middle East ) 2024/12/4
Crude oil inventories in the United rose by 1.232 million barrels for the week ending November 22, according to The American Petroleum Insti...
- OILPRICE ( Middle East ) 2024/12/3
Via Metal Miner A much-reported but little-understood development in the aluminum market this month has the potential to significantly alter...
- OILPRICE ( Middle East ) 2024/12/3
One of the biggest hydropower plants in South America is ramping up electricity generation as the historic drought in the Amazon in Septembe...
- OILPRICE ( Middle East ) 2024/12/3
The UK’s National Energy System Operator (ESO) took the industry on a brief rollercoaster today, issuing and then swiftly canceling an elect...
- OILPRICE ( Middle East ) 2024/12/3
None of the three dozen sales of oil wells proposed in California this year has materialized due to the considerable clean-up costs for the...
- OILPRICE ( Middle East ) 2024/12/3
Canada’s pipeline giant Enbridge Inc. expects its core profit to be higher in 2025 compared to 2024 levels, thanks to the expected strong ut...
- OILPRICE ( Middle East ) 2024/12/3
The European Commission on Tuesday said it is earmarking $4.83 billion (4.6 billion euros) in funds to support net-zero technologies, includ...
- OILPRICE ( Middle East ) 2024/12/3
Oil prices were moving higher early on Tuesday morning ahead of the latest OPEC+ meeting as members of the group aligned behind plans to ext...
- OILPRICE ( Middle East ) 2024/12/3
Russia’s crude oil shipments jumped by 570,000 barrels per day (bpd) last week, to 3.36 million bpd, just ahead of the OPEC+ meeting which w...
- OILPRICE ( Middle East ) 2024/12/3
Strengthening winter demand from China and higher prices of Iran’s crude has pushed the spot premiums of Russia’s ESPO blend from the Far Ea...
- OILPRICE ( Middle East ) 2024/12/3
Russia’s crude oil and LNG exports to Asia are on track to see only small declines this year compared to 2023 as major buyers in Asia contin...
- OILPRICE ( Middle East ) 2024/12/3
ExxonMobil and its partners in Guyana continue to discuss with the local government terms to develop a shallow-water block won in a 2022 auc...
- OILPRICE ( Middle East ) 2024/12/3
Iraq had to halt operations at the Basra refinery this weekend because of an overflow in fuel oil tanks, Reuters reported today, citing unna...
- OILPRICE ( Middle East ) 2024/12/3
A fuel oil smuggling network in Iraq has generated some $1 billion in profits for Iran, Reuters has reported, citing unnamed sources. Accord...
- OILPRICE ( Middle East ) 2024/12/3
OPEC+ is discussing an extension of its production cuts until the end of the first quarter of 2025, Reuters has reported, citing unnamed sou...
- OILPRICE ( Middle East ) 2024/12/3
U.S. president-elect Donald Trump has threatened BRICS nations with 100% tariffs if they decide to challenge the U.S. dollar’s dominance in...