(Oil & Gas 360) – What will happen to Syria now that the Assad family’s brutal dictatorship is over is a big question in the foreign policy establishment. A bigger question is: What is Syria? The boundaries of Syria, Iraq, Jordan, and other parts of the Middle East were established after World War I by the British and French colonial powers
(Oil & Gas 360) – CanCambria Energy Corp. (“CanCambria”, or the “Company”) (TSXV: CCEC) is pleased to announce that it has completed its technical evaluation of the Kiskunhalas tight-gas project in Hungary. Paul Clarke, Vice President of Exploration, stated: “We are extremely satisfied with the results of the Kiskunhalas 3D seismic program. This high-quality dataset provides an exceptional image of
(World Oil) – ADNOC Logistics & Services Plc. has announced that its Integrated Logistics business segment expanded significantly in 2024, with 20 offshore assets acquired and hire contracts secured for 19 jackup barge (JUB) deployments. As part of the segment’s expansion strategy, ADNOC L&S acquired and deployed nine offshore support vessels (OSVs) including a passenger ferry, crew boats, anchor
(Investing) – Oil prices rose slightly on Thursday, supported by falling U.S. crude inventories, though gains were limited after the U.S. Federal Reserve signalled it would slow the pace of interest rate cuts in 2025, a move that could dampen economic growth, reduce fuel demand, and strengthen the dollar. Brent crude futures rose 44 cents, or 0.60% to $73.83 a barrel by 1414 GMT.
(Oil Price) – Following the recent election of Donald Trump as the next president of the U.S., the Biden administration is racing to approve huge quantities of green funding to ensure the U.S. gets the best chance possible at a green transition. The Biden government’s far-reaching climate policy, the Inflation Reduction Act (IRA), is under threat as President-elect Trump has repeatedly
Natural Gas Inventories as of December 13, 2024 The EIA has released its natural gas inventory report, showing a net decrease of 125 Bcf as of December 13, 2024. Working gas in storage was 3,622 Bcf as of Friday, December 13, 2024, according to EIA estimates. This represents a net decrease of 125 Bcf from the previous week. Stocks were
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