Downstream

This post was originally published on this site(Reuters) The U.S. is seeking to buy another 6 million barrels of oil from energy companies to help replenish the Strategic Petroleum Reserve (SPR), the Department of Energy said on Monday. The solicitation of oil for the SPR is the first for delivery into the facility’s Bryan Mound, […]

This post was originally published on this siteAny politician who supports the “net zero” agenda is working to make gasoline prices much higher By Alex Epstein This is Part 1 of a 4 part feature where I cover 4 of the top energy issues being discussed this summer, especially as politicians return home for August

This post was originally published on this site Chevron has achieved a technological breakthrough, producing first oil from a U.S. Gulf of Mexico field under extreme subsea pressures, the energy company said on Monday. Its $5.7-billion project, called Anchor, ushers in an era of production from deepwater areas that had long been off-limits, because of the

This post was originally published on this siteOil prices rose for a fifth consecutive session on Monday, holding on to last week’s more than 3% gains, as U.S. recession fears eased while geopolitical tensions in the Middle East supported prices. Brent crude futures climbed 22 cents, or 0.3%, to $79.88 a barrel by 0458 GMT,

This post was originally published on this siteSummary Cuts 2024 oil demand growth forecast to 2.11 mbpd Report sees Q4 OPEC+ crude demand 2.9 mbpd above July output IEA to publish updated forecasts on Tuesday LONDON, Aug 12 (Reuters) – OPEC on Monday cut its forecast for global oil demand growth in 2024 citing softer

This post was originally published on this site  ~ Buckshot Acquisition and Star Equity Investment Position Enservco for a New Phase of Growth and Expansion in the Energy Logistics Space ~ ~ Provides Further Update on Plan to Regain Compliance with NYSE American Listing Standards ~ ~ Announces Timing of Q2 2024 Earnings Release and Conference

This post was originally published on this siteThe IEA’s divisive mission to decide the future of oil Oil companies accuse it of playing climate politics Author of the article: Financial Times – View More Financial Times Energy Articles Here  Malcolm Moore in London and Jamie Smyth in New York Fatih Birol is executive director of

This post was originally published on this siteDIMATE plans to develop ultrasonic gateways to transfer the proprietary data formats of this group of devices to DICONDE and to integrate ultrasonic testing, similar to digital and DICONDE-compliant radiographic testing, into a workflow without media breaks and digital discontinuities. Ultrasonic measurement data, in particular pipe wall thickness

This post was originally published on this siteCanada’s energy sector consists of oil, coal, natural gas, hydroelectricity, nuclear power, renewable resources among other sources of energy. Its energy facilities have contributed around 11.8% to the nominal GDP in 2022 – a significant contributor to the economy. Cyber-attacks and other criminal activities can threaten the operations – and

This post was originally published on this siteMarket concerns about global growth may have been excessive this week as there is no evidence of an imminent U.S. recession, a co-founder of consultancy Energy Aspects said on Friday. “Overall, we do not believe the global economy is on the verge of a sudden downshift,” said Amrita