President Joe Biden is taking action to prohibit new offshore oil and gas exploration in most U.S. coastal waters two weeks before Donald Trump is set to assume office- with
President Joe Biden is taking action to prohibit new offshore oil and gas exploration in most U.S. coastal waters two weeks before Donald Trump is set to assume office- with
Oil prices have fallen to their lowest level since June due to concerns that a potential recession in the US might reduce demand from the world’s largest economy.
One of America’s largest oil companies is set to move its headquarters out of California, citing opposition to “harsh” green policies.
Oil Giants Conclude 60-Year Venture in the British Oil Basin
WTI (June) $79.23 +60c, Brent (July) $83.27 +52c, Diff -$4.04 -8c.
FARM-OUT OF 60% OF AREA OFF-1 BLOCK IN URUGUAY TO CHEVRON
UK gas prices experienced a sharp rise after Finland’s government suspected that a leak in an underwater pipeline resulted from “external interference”. Finnish President Sauli Niinisto announced that along with
UK gas prices have soared to a four-month peak following the shutdown of a major Israeli field in the Mediterranean Sea.
European gas prices rose following Israel’s decision to halt production at its Tamar field due to the severe attacks originating from Gaza.
On Monday, the standard oil price remained steady, maintaining its position above $90 a barrel, a level not seen in the last 10 months. This surge was influenced by recent
European gas prices have surged as employees at two prominent Chevron sites in Australia initiated limited strikes following unsuccessful negotiations.
Chevron’s LNG production in Australia may face interruptions as a recent worker vote approved union-led industrial action if required.