May 16, 2024

Netherland, Sewell & Associates, Inc. (NSAI) is pleased to announce it is hosting its oil, gas, and CO2 storage property evaluation seminar in Rio de Janeiro – May 24, 2024

May 16, 2024

Oil and Gas 360 May 7, 2024 Netherland, Sewell & Associates, Inc. (NSAI) is pleased to announce it is hosting its Oil, Gas, and CO2 Storage Property Evaluation Seminar in Rio de Janeiro this year with a one-day session on May 24. For over 25 years, global petroleum consultancy NSAI has hosted a series of highly regarded oil and gas

White House moves to protect US solar manufacturers from Chinese competition

May 16, 2024

Yahoo Finance The White House on Thursday said it would protect domestic solar factories from Chinese competition by scrapping a tariff exemption for imported double-sided panels and making it easier for projects to claim a subsidy for using American-made products. The moves come as President Joe Biden touts his economic policies ahead of a November election against his predecessor, former

Chevron prepares for North Sea exit after more than 55 years

May 16, 2024

BOE Report Chevron said it is set to launch the sale of its remaining UK North Sea oil and gas assets, in a move that would mark the U.S. energy giant’s exit from the ageing basin after more than 55 years. The planned divestment, confirmed to Reuters on Thursday, comes as Chevron prepares for the $53 billion acquisition of rival Hess

Brazilian President Lula fires Petrobras CEO Jean Paul Prates

May 16, 2024

World Oil (Bloomberg) – Shares of Brazil’s state-owned oil company Petroleo Brasileiro SA (Petrobras) declined after President Luiz Inacio Lula da Silva fired Chief Executive Officer Jean Paul Prates following a dispute over dividend payments. Prates’s dismissal was confirmed late Tuesday by people familiar with the matter, who asked not to be identified discussing private matters. Petrobras, as the company

Exclusive-US to favor existing investors for Venezuela oil licenses, say sources

May 16, 2024

U.S. News HOUSTON/WASHINGTON – The U.S. is preparing to prioritize issuing limited licenses to operate in Venezuela to companies with existing oil production and assets over those seeking to enter the sanctioned OPEC nation for the first time, two people close to the discussions said. The move appears designed to encourage companies that have projects frozen because of U.S. sanctions,

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 70 Bcf

May 16, 2024

Natural Gas Inventories as of May 10, 2024 The EIA has released its natural gas inventory report, showing a net increase of 70 Bcf as of May 10, 2024. Working gas in storage was 2,633 Bcf as of Friday, May 10, 2024, according to EIA estimates. This represents a net increase of 70 Bcf from the previous week. Stocks were

Netherland, Sewell & Associates, Inc. (NSAI) is pleased to announce it is hosting its oil, gas, and CO2 storage property evaluation seminar in Rio de Janeiro – May 24, 2024

White House moves to protect US solar manufacturers from Chinese competition

Chevron prepares for North Sea exit after more than 55 years

Brazilian President Lula fires Petrobras CEO Jean Paul Prates

Exclusive-US to favor existing investors for Venezuela oil licenses, say sources

Weekly Gas Storage: Inventories increase by 70 Bcf

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