Commodities

Eni approves twin FIDs for Indonesia deepwater gasoline tasks focusing on 2 Bcf/d

Eni has taken closing funding choices (FIDs) on two main deepwater gasoline hub developments offshore East Kalimantan, advancing tasks anticipated to ship as much as 2 Bcf/d of gasoline and 90,000 bpd of...

Buccaneer Vitality expands Texas output with Carlisle-1 properly acquisition

(WO) - Buccaneer Vitality has acquired a 100% working curiosity within the Carlisle-1 properly within the Pine Mills subject, East Texas, strengthening its place within the Fouke space and growing near-term manufacturing and...

Henry Hub Spot Worth vs. ECMWF Forecast

On this graphic, I examine normalized Henry Hub each day spot costs with ECMWF 00Z CONUS pure gas-weighted HDD forecast anomalies for November to March over 2017...

Eni discovers greater than 1 Tcf of gasoline offshore Libya close to Bahr Essalam discipline

(WO) - Eni has found greater than 1 Tcf of gasoline in two exploration wells drilled offshore Libya close to the manufacturing Bahr Essalam discipline, the corporate introduced Monday.  ...

California orders Sable Offshore to take away Santa Ynez pipeline crossing state park

(Bloomberg) – California’s Pure Assets Company has ordered Houston-based oil driller Sable Offshore Corp. to take away a pipeline crossing a state park days after the US authorities instructed the corporate to start...

Germany warns easing Russian oil sanctions sends mistaken sign amid Iran battle

(Bloomberg) – German Chancellor Friedrich Merz criticized the U.S. determination to ease sanctions in opposition to Russia by quickly permitting oil gross sales to attempt to ease stress on costs triggered by the...

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