Summary Saudi July production to drop to 9 mln bpd OPEC extends cuts into 2024 Russian, Nigerian, Angolan targets brought in line with output UAE allowed to raise production in 2024 VIENNA, June 4 (Reuters) – Saudi Arabia will make a deep cut to its output in July on top of a broader OPEC+ deal …
Saudi Pledges Big Oil Cuts in July as OPEC+ Extends deal Into 2024 Read More »
LNG2023 is the 20th edition of the world’s largest triennial LNG conference and exhibition, and as the preeminent meeting of the international gas industry brings together senior industry leaders, government representatives, technical experts, and key stakeholders. Up to 15,000 delegates and stakeholders from more than 85 countries will gather at LNG2023 in Vancouver, Canada to …
Summary Cuts could amount to 1 mln bpd – sources Saudi minister told speculators to ‘watch out’ Russia’s Novak expected at Sunday meetings LONDON, June 3 (Reuters) – OPEC and its allies begin two days of meetings on Saturday which may culminate in further production cuts of as much as 1 million barrels per day, …
OPEC+ Begins Meetings Which May Lead to Further Output Cuts Read More »
President Joe Biden is seizing on the debt limit deal he negotiated as an opening argument for reelection, though he faces a tough sell with voters who are skeptical of his performance in office. The agreement mitigated proposed Republican cuts to anti-poverty benefits, reduced government spending far less than the GOP demanded, maintained Biden’s first-term …
Biden Uses Debt-Ceiling Win as Launching Pad for 2024 Re-election Read More »
“Green energy” has 2 problems: 1) It’s not really energy: It doesn’t provide reliable energy. 2) It’s not really green: It has a huge “environmental impact.” By Alex Epstein “Green energy” has 2 problems 1) It’s not really energy: It doesn’t provide reliable energy 2) It’s not really green: It has a huge “environmental impact” The goal …
Commentary: “Green Energy” is neither energy nor green – Alex Epstein Read More »
Summary Cuts could amount to 1 mln bpd – three sources Saudi minister told speculators to “watch out” JP Morgan says OPEC had not acted quickly enough VIENNA, June 2 (Reuters) – OPEC and its allies are discussing deepening oil production cuts, possibly by as much as 1 million barrels per day, three sources told …
June 2 (Reuters) – U.S. energy firms this week cut the number of oil rigs operating by the most since September 2021, reducing the overall count for a fifth week in a row, energy services firm Baker Hughes Co (BKR.O) said in its closely followed report on Friday. The oil and gas rig count, an …
US oil rig count falls by most since September 2021, Baker Hughes says Read More »
By Aaron Foyer Plastics series: The World of Plastics | What is Advanced Recycling? Courtesy of ENERGYminute See more articles and infographics from ENERGYminute HERE Mechanical recycling and advanced recycling are two distinct approaches to recycling materials, each with its own characteristics and processes. Here’s an overview of the key differences between these two methods: Mechanical Recycling …
INFOGRAPHIC: The World of Plastics – The Advantage of Advanced Recycling – ENERGYminute Read More »
NEW YORK, May 31 (Reuters) – U.S. field production of crude oil rose in March to 12.696 million barrels per day, the highest since March 2020, when the COVID-19 pandemic began to decimate global energy demand, Energy Information Administration data showed on Wednesday. The higher crude output came as production in Texas rose 1.8% to …
US crude March output hits three-year high as Texas production grows, EIA says Read More »
LONDON, June 2 (Reuters) – Oil prices rose on Friday after a U.S. debt ceiling deal averted a default in the world’s biggest oil consumer, while attention turned to a meeting of OPEC ministers and their allies at the weekend. Brent crude futures rose 77 cents, or 1% to $75.05 a barrel by 0806 GMT, …
Oil Prices Rise After U.S. Debt Deal, All Eyes on OPEC Meeting Read More »
