Production & Industry news

• The Indian Apartment Behind Russian Efforts to Break USA Gas Sanctions

  19-09-2024 16:58 via rigzone.com
  It's sitting 90 miles southeast of the Indian city of Mumbai.
  
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• Russia Mulls Merging Biggest Oil Companies, Reports WSJ

  11-11-2024 07:30 via rigzone.com
  Under one potential plan, state-backed Rosneft would take over Gazprom Neft and Lukoil, the newspaper said.
  
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• Oil Prices Close Lower as Chinese Stimulus Measures Disappoint

  08-11-2024 21:33 via rigzone.com
  Oil prices fell as weak Chinese stimulus and post-election uncertainty kept WTI trading in a tight range.
  
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• China Oil Imports Sink Again

  08-11-2024 07:30 via rigzone.com
  Year-to-date shipments are now running more than three percent behind last year's pace.
  
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• WTI and Brent Climb as Traders Weigh Mixed Market Signals

  07-11-2024 21:51 via rigzone.com
  Oil prices rose, buoyed by equities and a weaker dollar, as traders navigated the mixed effects of Trump's presidency, potential Iran sanctions, and geopolitical tensions on the crude market.
  
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• From Oil to EVs, Trump Return Set to Shake Up Energy Policy

  07-11-2024 13:39 via rigzone.com
  The election win positions Trump to deliver on his campaign pledges to go after climate policies he has dubbed the 'green new scam' while reorienting the federal government toward pumping more crude and building more power plants.
  
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• Oil Slips as Trump Victory Sparks Market Uncertainty

  06-11-2024 22:50 via rigzone.com
  Oil prices edged lower as Trump's win lifted the dollar and raised speculation of stricter Iran sanctions, while traders also monitored Gulf production threats from Hurricane Rafael.
  
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• API Hopes to 'Unleash American Energy' with Trump Win

  06-11-2024 14:54 via rigzone.com
  'We look forward to working with the incoming administration and leaders in both parties to advance bipartisan solutions that unleash American energy as a driver of economic prosperity, environmental progress and stability around the world'.
  
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• Trump Pulls Off White House Return in Polarized Election

  06-11-2024 13:56 via rigzone.com
  Trump, 78, won an unprecedented race during which he was convicted of felonies, survived two assassination attempts and crushed a challenge from Vice President Harris after she replaced the unpopular President Biden in the campaign's final months.
  
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• Wood Bags Contract for Aramco's Gas Project

  06-11-2024 13:00 via rigzone.com
  The project, which is expected to take one million engineering hours to execute, will support the country's goal of increasing natural gas production.
  
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• Libya Eyes Oil Exploration Tender by Early 2025, First since 2011 Civil War

  06-11-2024 07:30 via rigzone.com
  The OPEC member looks to bring back oil majors spooked by years of instability and production shutdowns.
  
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• Oil Prices Rise Amid US Election Uncertainty and Storm Threats

  05-11-2024 22:16 via rigzone.com
  Oil prices rose as election uncertainty and Tropical Storm Rafael threaten Gulf production, with potential policy shifts under either presidential outcome expected to impact the oil market further.
  
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• Kremlin Oil Revenue Down 29 Percent in October Amid Lower Prices

  05-11-2024 16:30 via rigzone.com
  Oil-related taxes, a key source of financing for Russia's war against Ukraine, shrank to $10.7 billion last month.
  
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• Tight US Election Polls Drive C-Suite Angst over Taxes

  05-11-2024 13:42 via rigzone.com
  Earnings calls have been filled with talk of uncertainty about the aftermath of Tuesday's election, which has delayed spending as potential policy changes loom large.
  
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• Oil Rallies on OPEC+ Decision and US Election Jitters

  04-11-2024 22:12 via rigzone.com
  A weaker dollar and election uncertainty support rising oil prices, as traders reassess market positions.
  
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• Trudeau to Order Oil, Gas Producers to Cut Emissions by 35 Pct

  04-11-2024 22:00 via rigzone.com
  Prime Minister Justin Trudeau's government will require Canada's oil and gas industry to cut emissions by 35 percent from 2019 levels.
  
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• Will USA Election Outcome Affect OPEC+ Policy?

  04-11-2024 17:11 via rigzone.com
  Rigzone talks to representatives of Hartree Partners, the Heritage Foundation, and the American Enterprise Institute.
  
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• South Korea Weighs Buying More USA Energy If Trump Wins Election

  04-11-2024 15:00 via rigzone.com
  The U.S. election on Tuesday is shaping up to be a tight race between Trump and Vice President Harris.
  
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• Industry Body Responds to Autumn Budget

  04-11-2024 13:09 via rigzone.com
  'There is a different path for this industry', OEUK's CEO said.
  
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• Oil Futures Advance After OPEC+ Move

  04-11-2024 12:48 via rigzone.com
  'This move extends the existing output cut of 2.2 million barrels into December, responding to falling prices and weak demand'.
  
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• OPEC Plus Delays Production Increase as Crude Prices Struggle

  04-11-2024 07:30 via rigzone.com
  OPEC+ agreed to push back its December production increase by one month, the second delay to its plans to revive supply as prices continue to struggle amid a fragile economic outlook.
  
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• Middle East Tensions Lift Oil Prices

  01-11-2024 20:51 via rigzone.com
  Oil prices edged higher on renewed tensions between Iran and Israel, though skepticism about supply disruptions kept gains limited as traders remain cautious.
  
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• Oil Jumps as Iran Plans Retaliation

  31-10-2024 21:49 via rigzone.com
  Oil prices surged as reports of Iran planning a retaliatory strike on Israel reignited fears of supply disruptions in the Middle East.
  
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• BMI Flags Philippines Upstream Gas Dilemma

  31-10-2024 17:13 via rigzone.com
  Analysts at BMI, a Fitch Solutions company, flagged an 'upstream gas dilemma' for the Philippines.
  
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• Oil Futures Benefit from Stronger than Expected USA Fuel Demand

  31-10-2024 13:09 via rigzone.com
  Maria Agustina Patti, a Financial Markets Strategist Consultant to Exness, said oil futures 'stabilized to a certain extent'.
  
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• Oil Price Risk Tilted to Upside After USA Election, SC Analysts Outline

  31-10-2024 12:05 via rigzone.com
  'We think the two months before the presidential inauguration on 20 January 2025 potentially represents a window for an intensification of actions against Iran', Standard Chartered analysts said.
  
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• UK Goes No Further in Raising Oil and Gas Taxes After Outcry

  31-10-2024 10:34 via rigzone.com
  The UK government went no further in toughening up the tax regime for North Sea oil and gas producers than measures already announced.
  
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• EIA Fuel Update Shows Declining Price Trend for Gasoline

  30-10-2024 17:15 via rigzone.com
  The U.S. Energy Information Administration's latest fuel update showed a declining price trend for gasoline.
  
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• European Gas Prices Slip as Goldman Warns of Bearish Risks

  30-10-2024 15:00 via rigzone.com
  European natural gas fell as Goldman Sachs Group Inc. warned of downside risks to prices.
  
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• Entire Energy Complex Was Down, Strategist Highlights

  30-10-2024 13:05 via rigzone.com
  'This seems to be one of those times that the whole energy group is trading together', the strategist told Rigzone.
  
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