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  • Aker BP Makes Significant Oil Find Offshore Norway

    From rigzone.com

    Aker BP has revealed that the Øst Frigg Beta/Epsilon exploration well situated in the Yggdrasil area of the Norwegian North Sea has resulted in a “significant” oil find. Preliminary estimates indicate a gross recoverable volume of 40-90 million barrels of oil equivalent, according to the company, which highlighted that this figure surpassed a previously communicated pre-drill estimate of 18-45 million barrels of oil equivalent. Aker BP said the discovery enhances the resource base for the Yggdrasil development, which it noted was previously stated at 650 gross million barrels of oil equivalent. the plan for ... (full story)

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    Japan to end oil product subsidy in September

    From argusmedia.com|May 26, 2023

    Japan's trade and industry ministry (Meti) will end its oil product subsidy at the end of September, in consideration of recent crude oil prices. Meti announced on 26 May that it ...

    Oil volatile after a week of mixed messages, US inflation bad news for gold

    From marketpulse.com|May 26, 2023

    Oil prices are recovering slightly after a volatile week amid conflicting commentary from key members of the OPEC+ alliance. From a “watch out” warning from the Saudi Energy ...

    Rotary Rig Count - 5/26/2023

    From bakerhughesrigcount.gcs-web.com|May 26, 2023

    table

    •   Newer Stories
    China's yearly natgas use logs first decline in over three decades - EIA

    From channelnewsasia.com|May 26, 2023

    China's natural gas consumption and LNG imports dropped in 2022 as a result of lower economic growth and higher gas prices, marking the first annual decline in consumption since ...

    Yellen: Projected Resources Will Be Inadequate During Week of June 5, When $92 Bln of Payments and...

    From @sevenloI|May 26, 2023

    tweet at 4:20pm: Yellen: Projected Resources Will Be Inadequate During Week of June 5, When $92 Bln of Payments and Transfers Are Due

    High points for economic data scheduled for May 29 week

    From econoday.com|May 26, 2023

    The May 29 week starts with the Memorial Day observance on Monday when US debt and equity markets are closed. The four-day workweek has a concentration of economic reports related ...

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  • Posted: May 26, 2023 3:06pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 69
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    Japan to end oil product subsidy in September
    From argusmedia.com|May 26, 2023
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