The head of the world's largest energy company on Monday suggested that oil and natural gas will be around for a long time to come and consumption of both sources of energy is likely to grow for at least the next decade or two.
MIDLAND, Texas (KMID/KPEJ)- Roseland Oil and Gas is hosting its 10th annual West Texas Oil and Gas Convention & Charity Cook-off, on Wednesday, March 27 at the Midland County Horseshoe Pavilion. Roseland Oil and Gas convention wrote that they are exhibiting "top-notch oil and gas products, services and equipment companies." Roseland Oil and Gas will []
For decades, Saudi Arabia has been regarded as the de facto leader of OPEC and a swing-producer critical to curtailing large price overshoots in either direction. Over the past few years, the Arab nation has borne the lion’s share of OPEC production cuts after recently agreeing to cut 1 million barrels per day or nearly half of the group’s 2.2 mb/d in pledged cuts. Well, it appears that Saudi Vision 2030 is already bearing fruit, and Riyadh might not be feeling the pinch from those cuts as much...
SAL Saudi Logistics has announced the signing of a mutual agreement with Taiba Airports Operation Company Ltd for the lease of land at Prince Mohammed bin Abdulaziz International Airport in Al-Madinah al-Munawwarah.SAL has leased land of 7,500 square meters (3,500 actual square meters and 4,000 square meters reserved) for a period of 16 years.The agreement reduces rental costs by US$9 million throughout the contract period and it is expected that SAL will invest an estimated amount of US$3.2...
MONCTON, N.B. – The New Brunswick and federal governments have signed two agreements worth $430 million to fund the province’s health and long-term care systems. With New Brunswick’s
Not-So 'Broke' Don: Trump Net Worth Tops $6.4 Billion On SPAC Deal Former President Donald Trump's net worth topped $6.4 billion on Monday following the completion of a 29-month-long SPAC deal involving his social media company, Trump Media & Technology Group, as well as the reduction of the bond due in his NY civil fraud trial in order to appeal a $454 million verdict. And while Trump's gains on the SPAC deal with Digital World Acquisition Corp may just be on paper (and any...
Saudi Aramco CEO Amin Nasser has cautioned that the global energy transition is faltering and urged policymakers to adopt a more realistic approach to the future of oil and gas. read more
Oil and gas operations across the United States are leaking massive amounts
(The Center Square) – Two dozen Republican U.S. senators are pushing back against the Biden administration's plan to increase taxes on the U.S. oil, natural gas and coal industries to the tune of over $110 billion. U.S. Sen. John Barrasso, R-Wyo., led a coalition of 24 senators expressing “grave concern regarding the administration's continued hostility towards American energy production.” In a letter to U.S. Treasury Secretary Janet Yellen, they wrote, “America's working...
A Dubai sovereign wealth fund that’s the single-largest shareholder in the Nasdaq stock index plans to sell a third of its shares in the exchange
By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — A Dubai sovereign wealth fund that’s the single-largest shareholder in the Nasdaq stock index plans to sell a third of its shares in the exchange. It’s a deal potentially worth some $1.6 billion that saw the value of the firm fall in aftermarket trading
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