PreciousMetal

#oilprice.com. × #Feb.26.2025 U.S. and Ukraine Reach Agreement on Minerals | OilPrice.com. The United States and Ukraine have reached an agreement to jointly develop Ukraine's mineral resources, including transition metals and rare earth minerals, aiming to secure access to critical material
#Business #Ukraine #USA #Europe #North America

#oilprice.com. × #Feb.26.2025 BP Hikes Oil and Gas Investment to $10 Billion a Year in Strategy Reset | OilPrice.com. BP has announced a major strategic reset, increasing its investment in upstream oil and gas to $10 billion annually while significantly reducing spending on clean energy to $1.5-2 billion a year.
#Business

#oilprice.com. × #Feb.26.2025 Inpex’s $20-Billion Indonesia LNG Project Draws High Buyer Interest | OilPrice.com. The Abadi LNG project in Indonesia has received interest from potential buyers exceeding its planned production capacity, indicating strong market demand.
#Business #Japan #Indonesia #Asia

#oilprice.com. × #Feb.26.2025 India’s Renewable Energy Investment Is Falling Short of Targets | OilPrice.com. India is facing a significant investment gap in renewable energy, with current investments only a fraction of what is needed to meet its ambitious clean energy targets by 2030.
#Business #Asia #India

#oilprice.com. × #Feb.26.2025 EU Boasts Transition Plan Will Save Billions in Energy Imports | OilPrice.com. The European Union plans to save over $47 billion in energy import costs through accelerated renewable energy projects and revised electricity tariffs.
#Business #European Union #Europe

#oilprice.com. × #Feb.26.2025 Oil Prices Jump on U.S. Inventory Dip | OilPrice.com. Crude oil prices rose following an unexpected decline in U.S. oil inventories reported by the API, countering earlier downward pressure from potential peace talks and economic concerns.
#Business #USA #North America

#oilprice.com. × #Feb.26.2025 Power Outage Hits Chile Copper Mines | OilPrice.com. A major power outage in Chile has disrupted copper production at some of the world's largest mines, prompting a state of emergency.
#Business #South America #Chile

#oilprice.com. × #Feb.25.2025 Crude Oil Inventories in US See Surprise Drop | OilPrice.com. The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 640,000 barrels for the week ending February 21.
#Business #USA #North America #Americas

#oilprice.com. × #Feb.25.2025 Competition for Unsanctioned Tankers Set to Cut Iran’s Oil Exports | OilPrice.com. Increased US sanctions on oil tankers are limiting Iran's ability to ship crude, forcing it to compete with Russia and Venezuela for a shrinking pool of unsanctioned vessels.
#Business #Russia #South America #USA #Europe #Asia #North America #Venezuela #Iran

#oilprice.com. × #Feb.25.2025 Extreme Winter Conditions Delay Petronas' First Canadian LNG Shipment | OilPrice.com. Petronas’ first LNG cargo from the massive LNG Canada project is now expected to sail in July 2025, missing its initial end-2024 target
#Business #Canada #North America

#oilprice.com. × #Feb.25.2025 Coal’s Last Stand? U.S. Power Plants Face a Mass Exodus in 2025 | OilPrice.com. According to the latest data from the Energy Information Administration (EIA), the planned retirement of coal-fired power plants is set to double this year
#Business #USA #North America

#oilprice.com. × #Feb.25.2025 Drilling Suspensions Could Limit Brazil’s Oil Output Growth | OilPrice.com. Brazil's oil regulators have temporarily halted several drillship operations, potentially impacting the country's expected oil production growth.
#Business #Brazil #South America

#oilprice.com. × #Feb.25.2025 IEA: Europe Should Consider Replacing Russian LNG | OilPrice.com. The International Energy Agency is urging Europe to replace its growing imports of Russian LNG with supply from other sources, particularly Qatar, starting from 2027.
#Business #Russia #Europe #Asia #International Energy Agency #Qatar

#oilprice.com. × #Feb.25.2025 Trinidad and Tobago Seeks Extension for Venezuela Gas Project | OilPrice.com. Trinidad and Tobago is seeking an extension from the U.S. for a license to continue developing the Dragon natural gas field offshore Venezuela in partnership with Shell.
#Business #South America #USA #North America #Venezuela #Trinidad and Tobago

#oilprice.com. × #Feb.25.2025 Shell Sees 60% Jump in Global LNG Demand by 2040 | OilPrice.com. Global LNG demand is projected to surge by 60% through 2040, primarily driven by Asia's economic growth, industrial decarbonization, and the increasing power demands of artificial intelligence.
#Business #Asia

#oilprice.com. × #Feb.25.2025 Galp Makes Another Oil and Gas Discovery Offshore Namibia | OilPrice.com. Galp has announced a new significant light oil and gas-condensate discovery offshore Namibia, further solidifying the region's status as a major exploration hotspot.
#Business #Namibia #Africa #Americas

#oilprice.com. × #Feb.25.2025 Turkey Seeks Extension to Turkmenistan Gas Supply Deal | OilPrice.com. Turkey is seeking to extend its five-year gas swap agreement with Turkmenistan, aiming for a long-term supply deal and increased energy security.
#Business #Turkey #Asia #Turkmenistan

#oilprice.com. × #Feb.25.2025 U.S. Sanctions Indian Firms Shipping Iranian Oil | OilPrice.com. The U.S. Office of Foreign Assets Control has sanctioned four Indian companies for their involvement in the trade of Iranian crude oil.
#Business #USA #Asia #North America #India #Iran

#oilprice.com. × #Feb.25.2025 BP Set to Scrap Oil and Gas Production Cuts | OilPrice.com. BP is set to announce it will abandon its plans to reduce oil and gas production, bowing to investor pressure and a shift in strategic focus.
#Business

#oilprice.com. × #Feb.25.2025 Trumps Wants Keystone XL Built | OilPrice.com. On social media, Trump has called for the immediate construction of the Keystone XL pipeline, previously canceled by the Biden administration
#Business #Politics #Canada #USA #North America

#oilprice.com. × #Feb.24.2025 Study: Golf Courses Take Up More Land Than Solar, Wind | OilPrice.com. A recent study has found that golf courses across the world take up more land than solar or wind energy plants
#Business #Sport #golf

#oilprice.com. × #Feb.24.2025 U.S. Imposes New Sanctions On Iran's Shadow Fleet | OilPrice.com. The United States has imposed sanctions on more than 30 people and vessels for selling and transporting Iranian petroleum-related products as part of the country’s"shadow fleet
#Business #USA #Asia #North America #Iran #Americas

#oilprice.com. × #Feb.24.2025 Chevron To Lay Off 20% Of Global Workforce | OilPrice.com. Chevron Corp. has announced that it will lay off 15-20% of its global workforce and reorganize its business structure.
#Business

#oilprice.com. × #Feb.24.2025 BP’s Senegal-Mauritania LNG Project Set for First Cargo Loading | OilPrice.com. The first LNG cargo from the Greater Tortue Ahmeyim project offshore Senegal and Mauritania is expected to be loaded and exported within weeks.
#Business #Mauritania #Senegal #Africa
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