Middle East

CERAWeek , Hydrogen , Renewables , Natural Gas , Hart Energy Exclusive

Exclusive: TES CEO Sees Electric Natural Gas as a Trillion Dollar Market

Marco Alverà, the co-founder and CEO of TES, details how electric natural gas from green hydrogen is a cheaper and easier to produce fuel and shares insight on its e-NG partnership with TotalEnergies, in this Hart Energy Exclusive.

March 26, 2024

Acquisitions & Divestitures , Service & Supply , Technology

ChampionX to Acquire RMSpumptools, Expanding International Reach

ChampionX said it expects the deal to extend its reach in international markets including the Middle East, Latin America and other global offshore developments.

March 25, 2024

Crude Oil , International

What's Affecting Oil Prices This Week? (March 25, 2024)

On average, Stratas Advisors are forecasting that oil supply will be at a deficit of 840,000 bbl/d in 2024.

March 25, 2024

Liquefied Natural Gas (LNG) , International , CERAWeek

CERAWeek: JERA CEO Touts Importance of US LNG Supply

JERA Co. Global CEO Yukio Kani said during CERAWeek by S&P Global that it was important to have a portfolio of diversified LNG supply sources, especially from the U.S.

March 22, 2024

Crude Oil , International , CERAWeek

Proactive, not Reactive: Taking Measures to Keep Oil Stable

Events threatening instability are commonplace in the energy sector. Panelists at CERAWeek by S&P Global discussed the strategies their companies are taking to tackle uncertainty. 

March 21, 2024

Finance , Investment , Crude Oil

Kissler: OPEC+ Likely to Buoy Crude Prices—At Least Somewhat

By keeping its voluntary production cuts, OPEC+ is sending a clear signal that oil prices need to be sustainable for both producers and consumers.

March 18, 2024

Crude Oil , International

What's Affecting Oil Prices This Week? (March 18, 2024)

On average, Stratas Advisors predicts that supply will be at a deficit of 840,000 bbl/d during 2024.

March 18, 2024

CERAWeek , Energy Transition

CERAWeek: Saudi Aramco CEO Says No Peak in Oil Demand for Some Time to Come

Reducing greenhouse gas emissions from hydrocarbons through carbon capture and other technologies achieves better results than alternative energies, Saudi Aramco CEO Amin Nasser said.

March 18, 2024

Earnings

Aramco Reports Second Highest Net Income for 2023

The year-on-year decline was due to lower crude oil prices and volumes sold and lower refining and chemicals margins.

March 15, 2024

Crude Oil , International

What's Affecting Oil Prices This Week? (March 11, 2024)

Stratas Advisors expects oil prices to move higher in the middle of the year, but for the upcoming week, there is no impetus for prices to raise.

March 11, 2024