Tuesday, November 26, 2024
radiation spikes 16 times above normal after forest fire near Chernobyl - oilandgas360

Bad news’: radiation spikes 16 times above normal after forest fire near Chernobyl

The Guardian Oil & Gas Publishers Note: While Chernobyl is the world’s worst nuclear disaster, it is unfair to blow off the entire nuclear power generation programs. There has to be a balance between nuclear, renewable, and fossil fuels. The right balance in the energy mix can be done with  ecology considerations, while reducing cost to the consumer.   The

Kuwait backs Saudi call for talks on cutting oil output

Reuters DUBAI, April 5 (Reuters) – Kuwait supports Saudi Arabia’s call to renew talks on cutting oil supply due later this week and hopes for a successful outcome to stabilize the oil market, Kuwait’s oil minister said on Sunday. OPEC and allies led by Russia, a group known as OPEC+, are due to hold a meeting on Thursday to discuss

3 Top Energy Stocks to Buy in April - oilandgas360

3 Top energy stocks to buy in April

360 Feedwire March was a brutal month for the energy market. The average energy stock in the S&P 500 cratered 35%, after more than a 50% plunge in the price of crude oil. Fueling that painful sell-off was the impact the COVID-19 outbreak is having on the global economy, and therefore demand for energy. That sell-off took most energy stocks down with it, including

3 Utilities to Buy While Others Are Fearful - oilandgas360

3 Utilities to buy while others are fearful

360 Feedwire Wall Street fell into a bear market in just a few weeks and then bounced back in just a few days, jumping by more than 20% in record time. And now stock prices are falling again. To suggest that this is an uncertain time for stocks would be an understatement. We all know that COVID-19 is the primary

Trump to host Big Oil execs at White House to discuss market slump- oil and gas 360

Trump renews tariff threat on growing Saudi-Russian divide

World Oil WASHINGTON (Bloomberg) – President Donald Trump ramped up threats to use tariffs to protect the U.S. energy industry from a historic glut of oil, as efforts to forge a global deal to cut output appeared to lose momentum. Trump said Saturday at a White House press briefing he’d use tariffs if needed to protect the domestic oil industry,

Norway says it may follow OPEC Plus lead on production cuts -oilandgas360

Norway says it may follow OPEC+ lead on production cuts

World Oil OSLO (Bloomberg) –Norway, the biggest oil producer in western Europe, said it would consider cutting its output if there was a broad international agreement to curb supply. The Nordic nation, whose oil output is set to grow over the next few years, hasn’t been a part of coordinated international cuts to support prices since 2002. OPEC and other

Phillips 66s Gray Oak pipeline opens up storage amid oil glut - oilandgas360

Phillips 66’s Gray Oak pipeline opens up storage amid oil glut

The Economic Times NEW YORK: Phillips 66 Partners LP will offer shippers storage on its Gray Oak crude oil pipeline system in Texas because of an urgent need for tank space, the company said on Friday, as an oil glut in the United States worsens from a sharp falloff in fuel demand. Crude storage space has quickly filled since the coronavirus pandemic has halted