Latest

New: 14 Tools to Help You Optimize Land Mapping in ArcGIS Pro

Featured Articles, Latest / By

Digitize legal land descriptions into precise, mappable boundaries for title validation and acquisition. Are you mapping land rights in ArcGIS Pro and often juggling vague legal descriptions, tight tolerance requirements, and the pressure for precision? If you are a GIS specialist, land surveyor, real estate developer, or land management professional, here’s a new way to …

New: 14 Tools to Help You Optimize Land Mapping in ArcGIS Pro Read More »

Australia’s Santos Receives $18.7 Billion Takeover Bid from ADNOC-Led Consortium

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Mergers and Acquisitions, Natural Gas, Oil / By

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 »

OPEC+ Would Struggle to Cover Major Iranian Oil Supply Disruption

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Oil, OPEC / By

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 Pile into $80 US Oil Bets as Tensions Rise in Middle East

Conventional Energy, Latest, Oil, US News / By

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 »

Diesel Most Exposed to Middle East Conflict, US Futures Surge 8%

Diesel Fuel, Energy Topics & Technology, Latest, US News / By

(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 »

US Natgas Prices Climb 3% on Soaring Oil Futures After Israel Strikes Iran

Conventional Energy, Latest, LNG, Natural Gas, US News / By

(Reuters) – U.S. natural gas futures climbed about 3% on Friday, tracking gains in oil prices after Israel launched strikes against Iran, raising worries the conflict could disrupt Middle Eastern oil and gas supplies. U.S. crude futures jumped $4.94, or 7.3%, to settle at $72.98 a barrel, their highest close since February. Gas futures for …

US Natgas Prices Climb 3% on Soaring Oil Futures After Israel Strikes Iran Read More »

Subscribe
Subscribe