SUBSCRIBE SEARCH ARTICLES
NEWS
FEATURED STORY
Analysts Believe Oil Market Is Underpricing Risk


Analysts Believe Oil Market Is Underpricing Risk
Friday April 19, 2024 - Analysts at Standard Chartered said they think geopolitical risk in oil has escalated significantly.
READ THE FULL STORY

LATEST
Analysts Believe Oil Market Is Underpricing Risk
Analysts at Standard Chartered said they think geopolitical risk in oil has escalated significantly.
4:27 AM EST | April 19, 2024
Woodside Logs Lower Quarterly Revenue as Output, Prices Fall
Woodside posted a lower quarterly revenue of $3 billion as selling prices and production and sales volumes fell.
3:57 AM EST | April 19, 2024
Europa Oil & Gas Revenue Hit by Wressle Shutdown
Europa Oil & Gas posted a revenue of $1.7 million for the six months to January 2024.
2:30 AM EST | April 19, 2024
Canacol Makes Second Gas Discovery in Weeks in Colombian Basin
Canacol found 123 feet of net gas payzone in the Chontaduro 1 well.
2:30 AM EST | April 19, 2024
Canada Needs Further Pipeline Expansion: Tamarack CEO
Tamarack Valley Energy CEO Brian Schmidt sees a need for even more export capacity in the long run as drillers ramp up output from newer fields.
2:30 AM EST | April 19, 2024
European Gas Options-Buying Jumped During Recent Price Swings
Intense swings in European natural gas prices have prompted traders to pile into options contracts.
4:00 PM EST | April 18, 2024
Oil Swings Amid Rising Iranian Threats
Oil fluctuated as markets weighed Iran's threats on Israeli nuclear sites against a stronger US dollar.
3:22 PM EST | April 18, 2024
NG Energy Inks More Long-Term Agreements for Colombia Production
The company has now sold approximately 14.8 million cubic feet per day of production under long-term natural gas sales contracts.
12:00 PM EST | April 18, 2024
US Confirms Reimposition of Oil Sanctions against Venezuela
Washington will not renew a reprieve issued to Caracas for oil and gas activities, accusing the Maduro regime of reneging on a commitment to upholding fair elections.
11:35 AM EST | April 18, 2024
USA Commercial Crude Oil Inventories Rise
Crude oil stocks in the U.S., not including the SPR, stood at 460.0 million barrels on April 12.
11:26 AM EST | April 18, 2024
Analysts Believe Oil Market Is Underpricing Risk Share your comments
Analysts at Standard Chartered said they think geopolitical risk in oil has escalated significantly.
4:27 AM EST | April 19, 2024
Oil Swings Amid Rising Iranian Threats Share your comments
Oil fluctuated as markets weighed Iran's threats on Israeli nuclear sites against a stronger US dollar.
3:22 PM EST | April 18, 2024
USA Commercial Crude Oil Inventories Rise Share your comments
Crude oil stocks in the U.S., not including the SPR, stood at 460.0 million barrels on April 12.
11:26 AM EST | April 18, 2024
Analyst Says USA Influence on Middle East Seems to be Fading Share your comments
'U.S. sanctions on Iran had greatly impacted reported volumes in 2018-20, but such volumes appear to have been brought back online,' a Senior Associate at Enverus Intelligence Research told Rigzone.
5:54 AM EST | April 18, 2024
How Likely Is an All-Out War in the Middle East Involving the USA? Share your comments
And what would that mean for oil prices?
4:30 AM EST | April 18, 2024
US Confirms Reimposition of Oil Sanctions against Venezuela Share your comments
Washington will not renew a reprieve issued to Caracas for oil and gas activities, accusing the Maduro regime of reneging on a commitment to upholding fair elections.
11:35 AM EST | April 18, 2024
USA to Reimpose Venezuela Oil Ban Unless Maduro Acts Quickly Share your comments
The U.S. plans to allow a Treasury Department license permitting oil and gas production to expire without renewal on Thursday, according to people familiar with the plan.
5:00 PM EST | April 17, 2024
DOI Announces New Decommissioning Rule Share your comments
'Under the new rule, BOEM estimates industry will be required to provide $6.9 billion in new financial assurances to protect American taxpayers from assuming industry decommissioning costs'.
11:08 AM EST | April 17, 2024
Oil Plummets Over 3% to Three Week Low Share your comments
Oil fell more than 3% to a three-week low as trend-following algorithms accelerated the day's selloff.
3:16 PM EST | April 17, 2024
Senator Cardin Says Congressional Leaders Discussing Iran Oil Sanctions Share your comments
The Stop Harboring Iranian Petroleum Act passed out of committee Tuesday.
10:00 AM EST | April 17, 2024
Read More Industry Headlines News
Trending News
Canacol Makes Second Gas Discovery in Weeks in Colombian Basin Share your comments
Canacol found 123 feet of net gas payzone in the Chontaduro 1 well.
2:30 AM EST | April 19, 2024
Var Energi Confirms Oil Discovery in Ringhorne Share your comments
The company's latest Ringhorne North exploration well was successful with estimated recoverable resources of between 13 million and 23 million barrels of oil.
7:53 AM EST | April 18, 2024
Namibia Expects FID on Potential Major Oil Discovery by Yearend Share your comments
'We understand that the quantities are large but we still have to test the commercial viability of this oil'.
4:41 AM EST | April 17, 2024
Valeura Makes Three Oil Discoveries Offshore Thailand Share your comments
Valeura declared three new oil discoveries in the Gulf of Thailand.
2:45 AM EST | April 16, 2024
Biden Plans Sweeping Effort to Block Arctic Oil Drilling Share your comments
The initiative, set to be finalized within days, marks one of the most sweeping efforts yet by Biden to limit oil and gas exploration on federal lands.
7:22 AM EST | April 12, 2024
Petrobras Discovers Oil in Potiguar Basin Share your comments
The discovery of Albian-age turbidite reservoirs carrying oil is 'unprecedented in the Potiguar Basin'.
3:57 AM EST | April 11, 2024
Pantheon Upgrades Kodiak Estimates to 1.2 Billion Barrels Share your comments
An updated report gave best estimates of contingent recoverable resources of 1.2 billion barrels of marketable liquids.
4:05 AM EST | April 10, 2024
Petro-Victory Finds More Oil in Sao Joao Field in Brazil Share your comments
Petro-Victory Energy Corp, a publicly traded company engaged in acquiring and developing crude oil and natural gas resources in Brazil, has found more oil in the Sao Joao field.
10:42 AM EST | April 09, 2024
Panoro Advances Plans for Equatorial Guinea Offshore Block PSC Share your comments
Block EG-23 is located offshore Equatorial Guinea north of Bioko Island and adjacent to the producing Alba gas and condensate field.
4:00 AM EST | April 08, 2024
PDVSA-Chevron JV Launches Venezuela 2024 Drilling Campaign Share your comments
'The CMI14 well, the first of 17 contemplated in this year's business plan, represents an important milestone for the increase in production of this joint venture'.
5:49 AM EST | April 05, 2024
Read More Exploration News
BP Starts Up Oil Production at Caspian Sea Project Share your comments
The ACE platform is the seventh oil-producing platform installed on the Azeri-Chirag-Gunashli (ACG) field.
10:03 AM EST | April 17, 2024
Nigeria Raises Oil and Gas Reserve Figures Share your comments
Nigeria's crude oil and condensate reserves totaled 37.5 billion barrels while its gas reserves stood at 209.26 trillion cubic feet as of the start of 2024.
3:00 AM EST | April 17, 2024
SBM Bags Contracts for ExxonMobil's Latest Guyana Project Share your comments
SBM Offshore will construct and install the floating production, storage and offloading unit (FPSO) Jaguar.
10:35 AM EST | April 16, 2024
Bayou Bend CCS Taps Sulmara for Geo Survey Share your comments
'The quality of the data gathered is some of the best we've seen from a USV'.
4:22 AM EST | April 12, 2024
Exxon CEO Pay Climbed 2.8 Percent to $36.9MM Last Year on Pension Share your comments
Exxon Mobil Corp. Chief Executive Officer Darren Woods' pay climbed 2.8 percent to $36.9 million last year.
5:00 PM EST | April 11, 2024
OKEA, DNO Make FID on Brasse Development in North Sea Share your comments
The field is estimated to contain 24 million barrels of oil equivalent gross in recoverable reserves and will be developed as a tie-back to the Brage field.
4:00 AM EST | April 09, 2024
Woodside-Led JV Teams Up with Yara for CCS in Western Australia Share your comments
Yara Pilbara and Angel CCS will study whether CCS can be used to decarbonize the current operations in the Burrup Strategic Industrial Area.
3:26 AM EST | April 09, 2024
RRC Reveals Texas Top 10 Crude Oil Producing Counties Share your comments
The Texas Railroad Commission revealed the top 10 crude oil producing counties in Texas, ranked by preliminary production, for January 2024.
8:02 AM EST | April 08, 2024
DeepOcean Scores 4-Year Frame Agreement with Equinor Share your comments
The four-year agreement has options for an extension of up to four more years.
6:00 AM EST | April 08, 2024
Petronas Teams Up with JERA for Japan-Malaysia CCS Value Chain Share your comments
The scope of the agreement includes the separation and capture of CO2 emitted by JERA in Japan, cross-border transportation, and CO2 storage in Malaysia.
3:41 AM EST | April 04, 2024
Read More Production News
Woodside Logs Lower Quarterly Revenue as Output, Prices Fall Share your comments
Woodside posted a lower quarterly revenue of $3 billion as selling prices and production and sales volumes fell.
3:57 AM EST | April 19, 2024
Europa Oil & Gas Revenue Hit by Wressle Shutdown Share your comments
Europa Oil & Gas posted a revenue of $1.7 million for the six months to January 2024.
2:30 AM EST | April 19, 2024
European Gas Options-Buying Jumped During Recent Price Swings Share your comments
Intense swings in European natural gas prices have prompted traders to pile into options contracts.
4:00 PM EST | April 18, 2024
EIB Lends $425.7 Million for Thuringia's Grid Upgrades Share your comments
The bank loan will help Thüringer Energie upgrade and digitize Thuringia's electricity grid.
2:30 AM EST | April 18, 2024
EQT Inks Deal with Equinor for Swap of US Gas Assets Share your comments
The transaction will result in Equinor no longer having operated assets in the U.S. onshore.
2:00 PM EST | April 17, 2024
Kimmeridge Withdraws Latest KTG-SilverBow Merger Proposal Share your comments
'It appears that SilverBow is not willing to seriously engage in any discussions of mergers in which it would be the smaller party'.
11:00 AM EST | April 17, 2024
Empire Completes Sale of US Oil and Gas Business Share your comments
Empire sold the operating entity for all its oil and gas assets in the U.S. to PPP Future Development for $9.1 million.
2:00 PM EST | April 16, 2024
Canadian Well Plugging Firm Gears Up for IPO Share your comments
The company deploys crews to decommission orphaned oil and gas wells nationwide and generate carbon offsets.
12:00 PM EST | April 16, 2024
Germany to Provide $2.3B Aid for Decarbonization of Industrial Sectors Share your comments
Germany received clearance from the European Commission for $2.3 billion in state support for projects to migrate industrial sectors from fossil fuels to renewable hydrogen, as well as projects to electrify industrial processes.
3:47 AM EST | April 16, 2024
Chile's ENAP Says Working on Decarbonization Plan Share your comments
ENAP's decarbonization plan will adopt targets for 2035 and 2050.
3:00 AM EST | April 16, 2024
Read More Finance & Investing News
NG Energy Inks More Long-Term Agreements for Colombia Production Share your comments
The company has now sold approximately 14.8 million cubic feet per day of production under long-term natural gas sales contracts.
12:00 PM EST | April 18, 2024
BP Reshapes Its Leadership Team Share your comments
BP Plc restructured its top management.
10:00 AM EST | April 18, 2024
Brazil Court Reinstates Petrobras Chair to Divided Board Share your comments
A Brazilian judge has reinstated Petrobras' chairman as acrimony intensifies between government-appointed board members and those representing minority shareholders.
2:30 AM EST | April 18, 2024
Seatrium, Shell Strengthen Floating Production Systems Collaboration Share your comments
Seatrium and Shell will work together to drive project standardization and replication in the floating production systems sector.
2:30 AM EST | April 18, 2024
SLB Scores Contracts for Dozens of Petrobras Wells Share your comments
'By leveraging the electrification and digitalization of completions from SLB, Petrobras will increase its field recovery efficiency in complex and challenging pre-salt reservoirs'.
1:30 PM EST | April 17, 2024
Subsea7 Bags New GOM Contract Share your comments
The project involves the subsea tie-back of one production well at Sunspear to the Prince platform.
1:00 PM EST | April 16, 2024
ORE Catapult Looks for New CEO as Jamieson Steps Down Share your comments
Andrew Jamieson is set to step down as CEO of renewables research organization ORE Catapult at the end of 2024.
2:30 AM EST | April 15, 2024
Mitsui's STATS Group Makes Leadership Change Share your comments
Leigh Howarth will be replaced by Stephen Rawlinson, currently STATS Group's director for North America and global sales director.
2:30 AM EST | April 15, 2024
Trafigura Makes Management Changes as Long-Serving Members Retire Share your comments
Global commodities player Trafigura will see two of its long-serving high-ranking officials depart this year.
8:00 AM EST | April 14, 2024
Petrobras Chairman Suspended Share your comments
A court suspended Petroleo Brasileiro SA's government-appointed chairman for alleged conflicts of interest.
8:00 AM EST | April 13, 2024
Read More Company Operations News
Rooftop Solar Now 4th Largest Source of Electricity in Australia Share your comments
Collectively, rooftop solar is now the second largest source of renewable electricity generation in Australia, behind wind energy generation.
8:33 AM EST | April 18, 2024
EU, Industry Players Ink Charter to Meet Solar Energy Targets Share your comments
The European Commission and representatives of solar energy parts manufacturers signed a charter to achieve resilience in the EU solar value chain.
3:13 AM EST | April 18, 2024
Sempra Unit Makes FID on $550MM California Wind Project Share your comments
The Cimarron wind project will total approximately 320 megawatts of wind capacity.
1:00 PM EST | April 17, 2024
US, Japan Team Up for Commercialization of Fusion Energy Share your comments
Japan and the U.S. agreed to cooperate on research and the development of the supply chain for the societal deployment of fusion energy.
1:30 PM EST | April 15, 2024
Equinor Advances First Battery Storage Projects in USA Share your comments
The two projects have a combined total capacity of 110 MW, providing a valuable source of energy security for the Texas grid once operational.
8:00 AM EST | April 15, 2024
Canadian Green H2 Project Gets Environmental Green Light Share your comments
Project Nujio'qonik will be Canada's first commercial green hydrogen/ammonia producer created from over three gigawatts of renewable electricity through wind projects.
10:00 AM EST | April 12, 2024
Oklo Aims to Provide Nuclear Power for Diamondback's Permian Operations Share your comments
Oklo is proposing to provide its Aurora powerhouse technology to supply reliable and emission-free electricity.
10:00 AM EST | April 11, 2024
EverWind Green Hydrogen Nova Scotia Project Advances with FEED Completion Share your comments
The green hydrogen project of EverWind Fuels in Nova Scotia is progressing.
10:00 AM EST | April 10, 2024
Greece to Provide $1.1B in State Aid for Two Solar, Energy Storage Projects Share your comments
Greece received European Commission clearance for $1.1 billion in state support for two solar photovoltaic farms with a combined capacity of 813 MW.
3:38 AM EST | April 08, 2024
US FERC Opens Comment on Environmental Report for Kennebec Hydro Projects Share your comments
The comment solicitation concerns Brookfield's applications 2022 to amend three existing licenses and a relicensing application, which have a combined generation capacity of about 47 MW.
1:30 PM EST | April 05, 2024
Read More Alternative Energy News