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(Bloomberg) – The world could still be using more than 100 MMbpd of oil by 2040, making it vital to start preparing and adapting for a warmer climate, said TotalEnergies SE Chief Executive Officer Patrick Pouyanne.
The warning …
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The G7 group of the world’s most industrialized nations are discussing a common target to end their coal-fired power generation by 2035 at an energy ministers’ meeting in Italy, a source close to the talks told Reuters on …
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Oil prices dipped on Monday as Israel-Hamas ceasefire talks in Cairo tempered fears of a wider Middle East conflict, while U.S. inflation data dimmed the prospect of interest rate cuts soon.
Brent crude futures for June, which expire …
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(Bloomberg) – Namibia’s oil potential could one day match Guyana, where big discoveries have sparked an economic transformation and set the world’s biggest companies jostling for position.
There’s a “big chunk of oil” in waters off Namibia, said …
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Publisher’s Note: Chevron Corp will present at EnerCom Denver- The Energy Investment Conference on August 18-21, 2024. Register to attend.
(Bloomberg) – Chevron Corp. surpassed expectations for a second straight quarter as strong oil-production growth from recent acquisitions …
The post Chevron exceeds Q2 expectations on strong oil production amidst ExxonMobil, Hess arbitration over Guyana appeared first on Oil & Gas 360.
HOUSTON-Exxon Mobil Corp on Friday missed analysts’ estimates with a 28% year-on-year drop in first quarter profits as weaker refining margins and lower natural gas prices offset volume gains.
Latest results from oil and gas companies including Chevron …
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This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 6 over last week, resulting in a total count of 613 rigs. Canada had a decrease of 9 over last week, resulting in …
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HOUSTON -Oil prices edged up slightly on Friday, boosted by worries about geopolitical tensions but still under pressure from U.S. data showing inflation rose moderately in March, dampening hopes the Federal Reserve would cut interest rates soon.
Brent …
The post Oil up on geopolitical tensions, gains curbed by fading fed rate cut hopes appeared first on Oil & Gas 360.
Prior to publication, the company deemed the information in this announcement to constitute inside information as stipulated under the UK Market Abuse Regulation. With the publication …
The post Zephyr Energy: Start of well drilling operations appeared first on Oil & Gas 360.