'Is this simply the price of geopolitical risk or is something else influencing the value of oil?' analysts at J.P. Morgan asked.
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#OOTT #oilprice #energy
'At the time of the incident, there were 115 personnel onboard the rig', Borr Drilling revealed.
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#OOTT #oilgas #energy #rig
The Chevron-led Aphrodite consortium and Egypt have agreed on a special tax regime for a project that would enable the piped export of gas production from the field offshore Cyprus to the North African country.
rigzone.com/news/egypt_agree…
#oilgas #energynews #oilandgas
The Saudi Arabian state-backed oil company is nearing agreement with international banks on a $10 billion loan that would bolster its finances as conflicts in the Middle East threaten crude exports.
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#oilgas #energynews #oilandgas
Oil retreated from a six-month high as senior officials from several countries flew to Tehran.
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#OOTT #oilprice #energy
North America added three rigs week on week, according to Baker Hughes' latest North America rotary rig count.
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#OOTT #oilgas #energy
Indian refiners are increasingly turning to Persian Gulf crude and pulling back from their mainstay supplier Russia.
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#OOTT #oilgas #India
The U.S. Energy Information Administration further raised its U.S. crude oil production forecast for 2026 in its latest short term energy outlook.
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#OOTT #oilgas #USA
'The proposed arrangement marks a new milestone in energy cooperation between Singapore and the Kingdom of Saudi Arabia', a joint statement said.
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#OOTT #oilgas #energy
Dalia Energies has sought arbitration in London over a 20-year natural gas supply agreement terminated by NewMed Energy and Ratio Energies, Chevron's local partners in the offshore Leviathan field.
rigzone.com/news/israeli_pow…
#oilgas #energynews #oilandgas
Top security officials from Saudi Arabia, Pakistan and Turkey are set to meet Iran's leaders in an effort to defuse tensions and breathe new life into talks aimed at preventing a broader war in the Middle East.
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The payout bump-up is underpinned by a strong cash flow outlook as production and prices increased year-on-year.
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#OOTT #oilgas #energy
SLB, formerly known as Schlumberger, is seen as a bellwether for oil and gas companies.
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#OOTT #oilgas #energy
Oil prices climbed as escalating attacks on Saudi Arabia heightened fears of Middle East supply disruptions.
#oilgas #oilandgas #oilprices #finance #business #OOTT
rigzone.com/news/wire/brent_…
Norway produced over 10.5 billion cubic feet per day of natural gas in September, its lowest monthly figure this year, according to preliminary official data.
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#OOTT #oilgas #energy
'The Trump administration is advancing the long-delayed natural gas pipeline to strengthen America's energy security', the DOE said.
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#OOTT #oilgas #energy
The global average crude freight rate surged above $20 per barrel, from $3 per barrel a year ago, analysts at Goldman Sachs said.
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#OOTT #oilgas #energy #freight
The price of Brent crude oil reached $114 per barrel intraday on Friday.
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#OOTT #oilgas #oilprice
However, the European Commission assured there was 'currently no physical shortage of these products in Europe'.
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#oilgas #energynews #oilandgas
The sale may attract interest from private equity suitors, and the oil companies are aiming for a deal that values the unit at about $8 billion, according to the Financial Times.
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