Oil Price Following days of falling prices, U.S. benchmark crude oil prices are trading up 3% on Wednesday on sentiments of tight supply and signals from the Federal Reserve that we can still anticipate interest rate cuts in 2024. At 11:40 a.m. ET on Wednesday, West Texas Intermediate (WTI) was trading up 3.13% at $80.60, breaking the $80 threshold, while Brent crude
Oil Price TotalEnergies and QatarEnergy are expanding their efforts to explore for oil and gas in the Orange Basin offshore Namibia by acquiring a nearby license in the basin in South African waters. TotalEnergies and its partner QatarEnergy have signed an agreement to buy participating interests in Block 3B/4B offshore South Africa from the companies Africa Oil South Africa, Azinam,
Nasdaq LONDON – Gulf oil giants Saudi Aramco 2222.SE and Abu Dhabi National Oil Company (ADNOC) ADNOC.UL are in talks to invest in U.S. liquefied natural gas projects, as they step up competition with oil majors and regional rival Qatar in the booming super-chilled gas market, sources aware of the matter said. The two energy giants are trying to exploit their fossil fuel
World Oil (WO) – Challenger Energy and its wholly-owned Uruguayan subsidiary, CEG Uruguay SA, have entered into a farm-out agreement with Chevron Uruguay Exploration Limited (“Chevron”), a wholly-owned subsidiary of Chevron Corporation, related to a 60% interest in the AREA OFF-1 block, offshore Uruguay. Chevron will acquire a 60% participating interest in the AREA OFF-1 block and will assume operatorship
Yahoo Finance LONDON/WASHINGTON-Dozens of oil tankers used by Russia have stopped sailing under the Liberian and Marshall Islands flags in recent weeks after the United States ramped up sanctions enforcement on ships linked to those registries, according to shipping data and interviews with industry and government officials. The shift reflects the close relationship between the U.S. and the flag administration
2024-03-06 10:00:00 ET PHOENIX – March 6, 2024 (Investorideas.com Newswire) SinglePoint Inc…
Raleigh, North Carolina–(Newsfile Corp. – March 6, 2024) – A leading financial solutions provide…
Weekly Crude Oil Storage as of March 1, 2024 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.4 million barrels from the previous week. At 448.5 million barrels, U.S. crude oil inventories are 1% below the five year average for this time of year, according to the EIA crude oil and petroleum weekly storage
Vancouver, British Columbia–(Newsfile Corp. – March 6, 2024) – Trenchant Capital Corp. (CSE: TCC…
The Company Also Pays Off Remaining Secured Debt Corsicana, Texas–(Newsfile Corp. – March 6, 20…
Houston, Texas–(Newsfile Corp. – March 6, 2024) – Cannabis Bioscience International Holdings, In…
Vancouver, British Columbia–(Newsfile Corp. – March 6, 2024) – Canter Resources Corp. (CSE: CRC…
