Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Mar 06, 2024, 5:00 PM CST OPEC+ decided to extend their combined production cut agreement until the end of the first quarter. Not everyone within the […]
The Big Question in OPEC’s Production Cut Strategy Read More »
Marathon Petroleum’s oil refinery in Anacortes, Washington. David Ryder | Reuters Oil prices edged higher Monday after oil cartel OPEC+ agreed to extend voluntary output reductions until the second quarter, in an effort to support the short-term stability of crude markets. Global benchmark Brent gained 0.38% to $83.87 a barrel Monday, while U.S. West Texas Intermediate futures added
Oil prices edge higher after OPEC+ extends voluntary oil output cuts until mid-year Read More »
RIYADH: Saudi Arabia is gearing up for LEAP 2024, the world’s most-attended tech event, from March 4 to 7 at the Riyadh Exhibition and Convention Center in Malham. The pre-event gathering on Feb 28 announced this year’s theme as “Into New Worlds,” which encompasses new opportunities, technologies, and capabilities in the tech sector. The event
Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Feb 25, 2024, 4:00 PM CST Kemp: The growth in oil production in the Western Hemisphere actually captured all the growth in global oil
How the Western Hemisphere Became The Driver of Oil Production Growth Read More »
Oil drilling rigs Oil deepened its losses on Friday, snapping two-week gains as markets are watching Gaza ceasefire talks in Paris. Brent crude for April delivery fell 2.45% to $81.62 a barrel, losing 2.2% in a week. WTI contracts for April delivery shed 2.7% to $76.49 a barrel, dropping nearly 2.5%. The US drilling rig
Oil prices fall after Fed governor says no rush to cut interest rates Read More »
CNN — Russia is entering its third year of war in Ukraine with an unprecedented amount of cash in government coffers, bolstered by a record $37 billion of crude oil sales to India last year, according to new analysis, which concludes that some of the crude was refined by India and then exported to the United States
The Kremlin has never been richer – thanks to a US strategic partner Read More »
The process of breaking down plant matter has always been a challenge in making fuel from plants. A new study finds that introducing a simple, renewable chemical to the pretreatment step of sustainable aviation fuel (SAF) made from waste wood biomass can potentially make biofuel production cost-effective and carbon neutral. While SAF may not be
Lignin utilization makes inexpensive, carbon-neutral jet fuel possible Read More »
Crude Oil markets are betting on seasonal demand increases to offset supply builds. Geopolitical headlines from the Middle East continue to put a floor under barrel bids. A split in demand growth projections has Crude Oil markets facing diverging outlooks. West Texas Intermediate (WTI) US Crude Oil extended a near-term rebound to claw back the
Crude Oil tests higher on Friday, WTI explores territory north of $78.00 Read More »
Environment Rethinking a century-old chemical reaction could jump-start the production of cleaner jet fuel made from captured carbon dioxide and clean electricity By James Dinneen Facebook / Meta Twitter / X icon Linkedin Air Company’s pilot facility in Brooklyn Air Company In a grey building squeezed in an industrial corner of Brooklyn, New York, Stafford
Inside the Brooklyn start-up making clean jet fuel with captured CO2 Read More »
Author of the article: The Canadian Press Christopher Reynolds Published Feb 02, 2024 • Last updated Feb 05, 2024 • 4 minute read Airlines are calling on the federal government to roll out measures that will spark production of sustainable aviation fuel in Canada. A plane is silhouetted as it takes off from Vancouver International
Airlines call for roadmap to increase production of sustainable jet fuel Read More »
