Majors have faced hundreds of millions of dollars in losses in recent months due to a string of production outages.
French Nuclear Giant Sues Government For $8 BillionU.S.-Europe Oil Tankers Hit Blowout Day RatesFitch: Global Coal Price Rally Could Last For YearsOPEC’s Oil Exports Are Rising In AugustMusk Sells Another $6.9 Billion In Tesla SharesPioneer CEO: New Tax Bill Could Put Small Drillers In JeopardyEIA Lowers U.S. Oil Production ForecastUK Plans On Power Outages This WinterUK’s Centrica Signs $8.5B Long-Term Deal To Import U.S.
Solar Industry Faces New Wave Of DisruptionsRussia Halts Oil Pipeline Exports To Europe Via UkraineIran Nuclear Talks End With ‘Final Text’, No AgreementShell: UK North Sea Needs Investments In New Oil And Gas ProjectsBritons Advised To Stop Showering To Conserve EnergyIAEA Sees "Very Real Risk Of A Nuclear Disaster" In Ukraine5 daysTullow Comes Up Empty In Guyana Offshore Oil WellGermany’s Power Prices Hit Record-High As Utilities Limit OutputJapan Asks Mitsui, Mitsubishi To Stay On...
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Iran Nuclear Talks End With ‘Final Text’, No Agreement | OilPrice.comTalks to revive the 2015 nuclear deal with Iran ended in Vienna on Monday, with a final draft that, if agreed upon by all parties, will see a restoration of the accord and an increase in Iranian exports to world markets.
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Offshore Drilling Is Coming Back With A Bang | OilPrice.comBoth Schlumberger and Transocean believe that the upcoming cycle will outpace the 2016-2019 cycle of investment and FID activity.
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China And Saudi Arabia Intensify Energy Cooperation With Critical Deal | OilPrice.comChina’s Sinopec and Saudi Aramco have recently signed a memorandum of understanding that significantly expands the partnership between the two nations in almost everything energy
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From Coal To Gas And Back: How Europe Is Easing Its Energy Crisis | OilPrice.comGlobal use of coal has increased significantly in the last couple of months as Europe is forced to switch on mothballed power plants to save gas
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How High Can U.S. Shale Production Climb? | OilPrice.comThe U.S. Energy Information Agency (EIA), has forecasted in their most recent edition of the Short Term Energy Outlook-STEO, a rise in U.S. production of about 800K BOEPD by the end of next year.
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Are Gas Stations Really Inflating Prices For Profit? | OilPrice.comMost gas stations profit primarily from the products they sell inside their stores, as margins on gasoline range from 1%-2%, and actually make more money when prices are low.
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