“The decade of geothermal” is a phrase that is becoming increasingly common in media and energy industry gatherings. This is as the international zero-emission comes into place. It includes one of the most fascinating and clean ways of extracting energy from the earth. It is through geothermal power. Let’s talk more about abandoned oil wells […]
The restart of Shell’s Deer Park refinery in Texas could take until April, Reuters has reported, citing unnamed sources familiar with the issue. A spokesman for the company told Reuters no timeline has been set for the refinery’s return to normal operation. Shell shut down the two crude processing units at the 318,000-bpd refinery in […]
⚠️ IMPORTANT LEGAL DISCLAIMER: The information provided on this page is for general informational purposes only and does not constitute legal, financial, or investment advice. Oil and gas laws, mineral rights regulations, and royalty structures vary significantly by state and jurisdiction. While we strive to provide accurate and up-to-date information, no guarantee is made to […]
Goldman Sachs had a forecast and is now even more bullish on oil. It is expecting Brent Crude prices to hit $75 a barrel in the third quarter this year. On the back of faster market rebalancing, the lower expectation on inventories and traders is still hedging against inflation. The investment bank’s analysts forecast Brent […]
The world’s top oil exporter, Saudi Arabia, raised on Thursday the prices of all its crude oil that will go to the United States and Europe in March while leaving unchanged the official selling prices of its crude to its key market in Asia. The Saudi state oil giant Aramco raised the prices of all […]
⚠️ IMPORTANT LEGAL DISCLAIMER: The information provided on this page is for general informational purposes only and does not constitute legal, financial, or investment advice. Oil and gas laws, mineral rights regulations, and royalty structures vary significantly by state and jurisdiction. While we strive to provide accurate and up-to-date information, no guarantee is made to […]
A New Oil Supercycle Is Beginning? The world’s biggest names in oil trading and analyzing can’t seem to get on the same page when it comes to predicting what will happen next for the volatile commodity. Some, like Jeffrey Currie of Goldman Sachs and Christyan Malek of JPMorgan, according to the Financial Times, are confident […]
Latin America just seems to be unable to synchronize its long-mooted upswing with global energy trends. Venezuela boasts the largest reserves on earth. However, it starts to recover from the havoc US sanctions cripple its entire oil and gas industry. Argentina is assuming to be the next non-US shale boom oil sensation. Just as international […]
⚠️ IMPORTANT LEGAL DISCLAIMER: The information provided on this page is for general informational purposes only and does not constitute legal, financial, or investment advice. Oil and gas laws, mineral rights regulations, and royalty structures vary significantly by state and jurisdiction. While we strive to provide accurate and up-to-date information, no guarantee is made to […]
Brent Crude oil hits $60 a barrel early on Monday, rising above that threshold for the first time since the start of the COVID-19 pandemic early last year. As of 8:54 a.m. ET on Monday, Brent Crude was trading at $60.10, up by 1.28 percent, and WTI Crude was up 1.25 percent at $57.56. Continued […]
