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Eli Rubin, an energy analyst at EBW Analytics Group, outlined that the natural gas price dropped below $3 per MMBtu yesterday 'amid [a] lack of support'.
The number of active rigs targeting oil in the kingdom dropped to its lowest in more than two decades in July, according to Baker Hughes data.
North America dropped seven rigs week on week, according to Baker Hughes' latest North America rotary rig count.
At least four tankers discharged millions of barrels of Russian crude at Indian refineries at the weekend.
Oil fell as traders weighed OPEC+'s supply hike and Trump's renewed tariff threats against India.
The $750 billion target has drawn widespread skepticism, a gas and LNG market update from Masanori Odaka, Rystad Energy Vice President, Gas & LNG Research, stated.
'This is equivalent to four monthly increments', a statement posted on OPEC's site on Sunday highlighted.
Oil prices fell sharply as weak U.S. jobs and factory data raised fears of slowing demand.
The next OPEC+ 8 meeting is currently scheduled to take place on Sunday.
Oil prices fell as US inflation data spooked markets and traders took profits after a recent rally.
EBW Analytics Group Energy Analyst Eli Rubin outlined that 'another Freeport LNG outage reverse[d a]... relief rally attempt' in natural gas on Wednesday.
The U.S. sealed a trade deal with Pakistan as their officials wrapped up talks in Washington.
The North Sea Transition Authority announced that Chrysaor has been fined GBP 150,000 ($200,591) for 'vent breaches'.
Trump's tariff threats against India for buying Russian oil pushed crude prices to their highest since June.
UK union Unite announced that around 350 offshore workers are 'traveling towards strike action in disputes with offshore operators and companies'.
Oil jumped to a one-month high after Trump threatened new sanctions on Russia.
The financial sting of OPEC+'s shock move to open the oil taps appears to be fading.
The latest data for the year 2024 show the methane emissions intensity of upstream oil and gas operations in the region to be 0.44 percent per barrel of oil equivalent, S&P Global said.
In order to find out more about BP's upstream AI capability, Rigzone sat down with Jack Cameron, Vice President at BP Technical Solutions India, for a Q&A session.
You can choose to embrace it or ignore it. You can choose to pretend it does not apply to you. But the one thing you likely will not be able to do is work as a pipeline inspector without it after 2018. What is it you ask? It is the American Petroleum Institute Pipeline Inspector Certification; better known as the API 1169. Possibly a thorn in the side for many inspectors but for the industry it is a sure step forward in the right direction; joining the other sectors of oil & gas.
Questions surround the API 1169 exam requirements, purpose, and what individuals need to do in order to properly prepare for the certification that will likely keep them employed in their careers. Training options have been multiplying as the popularity of the API 1169 has hit the mainstream. Inspectors should perform their research and due diligence to adequately make an informed choice when it comes to the training course they attend.