Darren
Barbee
Oil and Gas Investor
Suez Canal Economic Zone Set for Rapid Expansion: Chairman
Egypt's Suez Canal Economic Zone is a collection of six ports and four industrial areas alongside, or near the waterway.
Harris or Trump? Majors’ CEOs Say ‘Nothing's Going to Change’
The captains of BP, Shell, Petronas and Eni see the U.S. election as a short-term event, although the results could raise tensions with China and put the fate of the Inflation Reduction Act up in the air.
What's Affecting Oil Prices This Week? (Nov. 4, 2024)
For the upcoming week, with the increased geopolitical risk and OPEC+’s delay in phasing out its production cut, Stratas Advisors expect that the price of Brent crude could test $77.
Drilling Tools International to Buy UK’s Titan Tools Services
Drilling Tools International said the acquisition of U.K.-based Titan will enhance its market presence in the North Sea, Europe and Africa.
First Solar’s Profit Rises Despite Chinese Dumping, Patent Disputes
First Solar executives said Chinese dumping and alleged patent infringements are among concerns for the solar panel maker.
Oil Prices Rise as OPEC+ Considers Delaying December Output Increase
Oil prices rose more than 2% on Oct. 30 after Reuters reported that OPEC+ could delay a planned oil production increase in December by a month or more because of concern over soft oil demand and rising supply.
What's Affecting Oil Prices This Week? (Oct. 28, 2024)
With the ongoing stream of disappointing economic news about China, and the reduction in the geopolitical concerns about the Middle East (at least for the short term), Stratas Advisors expect that there will be downward pressure on oil prices.
Nabors Takes to Global Expansion in 3Q as Rig Count Shrinks in Lower 48
Nabors Industries saw broad growth across key international geographies in third-quarter 2024, with more rig deployments expected.
EIG’s MidOcean Completes Acquisition of Additional 15% Stake in Peru LNG
MidOcean Energy now holds a 35% stake in Peru LNG. Hunt Oil will remain the operator of the South American export facility.
Pitts: How Venezuelan Elections Impact Texas and Louisiana
The ramifications of another questionable election in Venezuela comes as Chevron’s quest to recoup debts continues. And Washington’s likely next steps will include more of the same: sanctions.