The 51st G7 summit, the 57th annual meeting of the organization G7, is being held from 16 to 17 June 2025 in Kananaskis, Alberta, Canada. This is the 2nd G7 summit to be held in Kananaskis since the 28th G8 summit in 2002. Leaders at the summit Mark Carney will chair the 51st G7 summit. The 2025 summit will be the first summit …
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New: 14 Tools to Help You Optimize Land Mapping in ArcGIS Pro Read More »
Australian oil and gas producer Santos said on Monday it intended to support an $18.7 billion takeover bid from an international consortium led by Abu Dhabi’s National Oil Company (ADNOC). ADNOC, through its investment arm XRG, with Abu Dhabi Development Holding Company (ADQ) and private equity firm Carlyle has offered $5.76 (A$8.89) per Santos share, …
Australia’s Santos Receives $18.7 Billion Takeover Bid from ADNOC-Led Consortium Read More »
Santos Ltd. has received a final, non-binding offer from a consortium led by Abu Dhabi National Oil Co., or ADNOC, that represents a 28% premium over the company’s June 13 closing price.
With “several billion barrels of resources” left untapped in the Powder River Basin, Continental Resources is nearing full-scale development of the Niobrara Shale in Converse County, Wyoming, executives told Hart Energy in an exclusive interview.
Summary Saudi Arabia, UAE the only OPEC+ members that can raise output Global spare capacity may be as low as 3 million bpd Global supply cushion roughly equals Iranian output Iran pledges to retaliate for Israeli strikes (Reuters) – Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply …
OPEC+ Would Struggle to Cover Major Iranian Oil Supply Disruption Read More »
Traders on Friday exchanged the most $80 West Texas Intermediate (WTI) crude oil call options since January, expecting more upside to prices after Israeli airstrikes on Iran sparked fears of a wider Middle East conflict. Call options grant the holder a right to buy futures contract at the preset price and date, and a rise …
Traders Pile into $80 US Oil Bets as Tensions Rise in Middle East Read More »
Even as trade concerns ease, geopolitical tensions are still a risk.
A desperate Iran could disrupt the flow of oil in the Strait of Hormuz, which would boost prices, says Stratas Advisors.
(Reuters) – U.S. ultra-low sulfur diesel futures hit the highest level since February, outpacing gains in oil and gasoline as analysts warned that diesel supply is the most exposed to the conflict in the Middle East. Israel on Friday launched the biggest ever direct attack on Iran and said the huge wave of airstrikes was …
Diesel Most Exposed to Middle East Conflict, US Futures Surge 8% Read More »
