Chris
Mathews
Hart Energy
Norway's Massive Johan Sverdrup Oilfield Shut by Power Outage
Norway's Equinor has halted output from its Johan Sverdrup oilfield, western Europe's largest, due to an onshore power outage, the company said on Nov. 18.
What's Affecting Oil Prices This Week? (Nov. 18, 2024)
For the upcoming week, the price of Brent crude could test its support at $70 and if the price breaks below this level, the price of Brent could fall to $66.
Harold Hamm: ‘Drill, Baby, Drill’ Faces Geology Barriers, Even Under Trump
Harold Hamm, Continental Resources founder and major Trump donor, says the U.S. faces real barriers to expanding production growth—even with Republicans controlling D.C.—as major shale basins mature.
Baker Hughes: US Drillers Cut Oil, Gas Rigs for First Time in Four Weeks
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in four weeks.
Exclusive: Harold Hamm’s Top Oil, Gas Goals After Trump Victory
Continental Resources Chairman Harold Hamm helped raise millions of dollars for Donald Trump’s campaign—and he’s got a laundry list of energy goals for the next administration to tackle.
TotalEnergies Awards SBM Offshore FPSO GranMorgu Development Contract
SBM will construct and install a floating production, storage and offloading vessel for TotalEnergies alongside its partner Technip Energies, the company said.
CEO: Ovintiv Passes on Permian Prices for More Montney Condensate
Rumored to be a potential buyer in the Permian Basin, Ovintiv instead struck a deal for lower-cost oil and condensate assets in Alberta’s Montney Shale.
Baker Hughes, SOCAR Partner to Limit Flaring at Azerbaijan Oil Refinery
Baker Hughes and SOCAR expect to recover flare gas equivalent up to 7 million normal cu. m of methane per year and further reduce CO2 emissions by up to 11,000 tons per year.
US Crude Stocks Rise, Gasoline and Distillate Inventories Fall, EIA Says
U.S. crude stocks rose while gasoline and distillate inventories fell in the week ending Nov. 8.
Oxy CEO Sheds Light on Powder River Basin Sale to Anschutz
Occidental is selling non-core assets in the Lower 48 as it works to reduce debt from a $12 billion Permian Basin acquisition.