The world’s crude oil production fell by 1.2 million barrels per day bpd in February compared to the same month last year as steep output declines in Saudi Arabia and Iraq were partially offset by a large annual production gain in the United States, the latest data by the Joint Organizations Data Initiative JODI showed on Wednesday. Compared to January 2024, global crude oil production jumped by 473,000 bpd in February as U.S. oil production rebounded following shut-ins due to bad weather...
The Los Angeles City Council agreed Friday to pay up to $2.2 million for an outside audit of homelessness programs that was ordered by a federal judge. But the commitment fell short of the $2.8 million to $4.2 million proposed by the firm selected by U.S. District Judge David O. Carter to conduct the audit. The council did not explain its rationale for setting the lower amount. After initially indicating in a hearing Friday afternoon that he would accept the offer, Carter recalled the city's...
Tareck El Aissami latest in purge of politicians, human rights advocates and critics by government of Nicolás MaduroVenezuela’s former oil minister Tareck El Aissami – once one of President Nicolás Maduro’s closest allies – has been arrested for allegedly participating in an international scheme that syphoned off hundreds of millions of dollars from the country’s state oil company.The charges against El Aissami are part of a wider government purge that has so far led to charges being brought...
April 5 (UPI) — Procter & Gamble on Friday recalled 8.2 million bags of Tide, Gain Ace and Ariel pods due to defective packaging. According to a release from the Consumer Product Safety Commission, the recall involves liquid laundry detergent packets packaged in flexible bags manufactured between September and February. The outer packaging can split open near […] The post Procter & Gamble recalls 8.2 million laundry products for defective packaging first appeared on Gephardt Daily.
"Energy markets remain the key transmission mechanism from regional tension/conflict to the rest of the world economy."
With Nigeria facing the reality of not meeting its 2024 oil production target, Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri and the Chief of Defence Staff, Major General Christopher Musa have vowed to curb oil theft and pipeline vandalism in the Niger Delta region.
One lucky ticket purchased at a Burlington convenience store for Friday’s Mega Millions drawing won a $2 million prize.
You don't have to pitch well to earn good money in major league baseball.
President Joe Biden is keeping quiet on one of his biggest potential bragging rights, the rise in domestic energy production. It might seem like a head-scratching approach to reelection, with the bulk of polls showing Biden losing in swing states to his November rival, former President Donald Trump. But the paradox reflects deep sensitivities within […]
On the back of a 2023 oil tender, Angola is seeing newfound interest in its
By Vinícius Lisboa The Búzios Field, located in the Santos Basin, is the largest ultra-deepwater field in the world. By the end of March, it reached the milestone of producing 1 billion barrels of oil, as announced on Monday (Apr. 15) by Brazil's state-run oil company Petrobras. In June last year, Búzios had already recorded
The Federal Government, on Friday, said the drop in Nigeria’s crude oil production was due to issues encountered on the Trans Niger Pipeline, coupled with maintenance activities carried out by some oil companies operating across the country. It, however, stated that efforts were on to fix the pipeline, adding that this would enable the country Read More