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Oil and Gas

WTI, Brent gain as market monitors OPEC+

by Milton Acorn
WTI, Brent gain as market monitors OPEC+

A pumpjack is shown outside Midland-Odessa area in the Permian basin in Texas, U.S., July 17, 2018. Image taken July 17, 2018.  Liz Hampton | Reuters Crude oil futures rose …

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Categories Science

Global gas glut is set to reach multi-decade highs in the coming years

by Milton Acorn
Global gas glut is set to reach multi-decade highs in the coming years

A liquefied natural gas tanker sails past a container terminal as it arrives in Yokohama, Japan, May 21, 2018.  Tomohiro Ohsumi | Bloomberg | Getty Images Natural gas prices have …

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Categories Science

Brent, WTI after Iran consulate hit

by Adrian Jhonsan
Brent, WTI after Iran consulate hit

A pump jack operates in front of a drilling rig at sunset in an oil field in Midland, Texas U.S. August 22, 2018. Nick Oxford | Reuters Crude oil futures …

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Categories World

SLB to invest nearly $400 million in carbon capture company

by Milton Acorn
SLB to invest nearly 0 million in carbon capture company

The oilfield services giant SLB, formerly known as Schlumberger, is aiming to accelerate the deployment of carbon capture technology through an investment in Norway’s Aker Carbon Capture. SLB said late …

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Categories Science

Oil prices slip as traders assess Ukraine drone strikes, Red Sea impact

by Milton Acorn
Oil prices slip as traders assess Ukraine drone strikes, Red Sea impact

The Charles Eddie, a crude oil tanker owned by Euronav SA, a Belgian shipping company, sails northbound on the Suez Canal in Ismailia, Egypt. Dana Smillie | Bloomberg | Getty …

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Categories Science

A new gold rush for a potential clean energy source

by Milton Acorn
A new gold rush for a potential clean energy source

The team from the Geological Agency of the Ministry of Energy and Mineral Resources (ESDM) took samples of natural hydrogen gas found in One Pute Jaya Village, Morowali Regency, Central …

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Categories Science

Oil prices rise as Ukraine strikes Russian refineries

by Milton Acorn
Oil prices rise as Ukraine strikes Russian refineries

Smoke billows after Ukraine’s SBU drone strikes a refinery, amid Russia’s attack on Ukraine, in Ryazan, Ryazan Region, Russia, in this screen grab from a video obtained by Reuters, March …

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Categories Science

GOP lawmakers say transition ‘cheerleader’ IEA strayed from mandate

by Milton Acorn
Brent, WTI after Iran consulate hit

A pump jack operates in front of a drilling rig at sunset in an oil field in Midland, Texas U.S. August 22, 2018. Nick Oxford | Reuters Senior U.S. lawmakers …

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Categories Science

Energy secretary says natural gas export pause will be short-lived

by Milton Acorn
Energy secretary says natural gas export pause will be short-lived

US Energy Secretary Jennifer Granholm speaks during the CERAWeek oil summit in Houston, Texas, on March 18, 2024.  Mark Felix | AFP | Getty Images HOUSTON — The Biden administration …

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Categories Science

Red Sea crisis may lead to tanker shortage, Kuwait Petroleum CEO says

by Milton Acorn
Red Sea crisis may lead to tanker shortage, Kuwait Petroleum CEO says

Kuwait Petroleum Corporation Deputy Chairman & CEO Shaikh Nawaf Al-Sabah speaks during the CERAWeek oil summit in Houston, Texas, on March 19, 2024.  Mark Felix | Afp | Getty Images …

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Categories Science
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