London, August 22, 2024, (Oilandgaspress) –– The global oil market continues to face several issues that will lead to lower oil prices. The market is struggling to sustain upward price momentum as issues such as weak demand, oversupply concerns continue to hamper the market. Oil and...
The 37th OPEC and non-OPEC Ministerial Meeting (ONOMM) held 02 June 2024 reiterated the critical importance of adhering to full conformity and the compensation mechanism. In light of this, the OPEC Secretariat received updated compensation plans from Iraq and Kazakhstan for their overproduced volumes for...
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its second quarter fiscal 2025 financial results after the market closes on Thursday, September 5, 2024. Management will h...
SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) today announced Dan Ammann, President, Low Carbon Solutions, will conduct a fireside chat at Barclay’s 38th Annual CEO Energy-Power Conference at 8:00 a.m. ET in New York on September ...
London, August 22, 2024, (Oilandgaspress) –– Ford Motor Company is taking additional actions to deliver a profitable, capital-efficient and growing electric vehicle business and add even more propulsion choices for customers that generate lower CO2 emissions. The plan includes adjusting the company’s North America vehicle roadmap...
London, August 22, 2024, (Oilandgaspress) –– Volvo Trucks and global logistics company DSV have signed a cooperation agreement for 300 electric heavy trucks. The deal is one of the largest commercial orders to date for Volvo electric trucks. With the order, DSV will have one...
London, August 22, 2024, (Oilandgaspress) –– Porsche is celebrating the 50th anniversary of the first 911 Turbo with a special highlight for all Porsche enthusiasts: an exclusive series of twelve different sneaker designs, limited to 911 units per model, in collaboration with sportswear manufacturer Puma.Two...
Uganda’s journey towards its first oil production by 2025 is on track, with critical milestones achieved in the Tilenga and Kingfisher projects, Hon. Dr. Ruth Nankabirwa Ssentamu, the Minister for Energy and Mineral Development, announced at a press conference for the media. She confirmed that 63...
SINGAPORE--(BUSINESS WIRE)--BW LPG Limited (“BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code "BWLP") provides the following key information relating to the Company's cash dividend for Q2 2024: The Board has approved a dividend o...
SINGAPORE--(BUSINESS WIRE)--BW LPG Limited (“BW LPG”, the “Company”, NYSE ticker code: “BWLP”, OSE ticker code: “BWLPG.OL”): Highlights and Subsequent Events Another strong quarter for shipping with daily TCE of US$ 49,660 per available day and US$ 48...
LONG BEACH, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) (the “Company”) today announced the early tender results in respect of the previously announced cash tender offer (the “Tender Offer”) to purchase up to $300 million aggr...
ALLETE continues to expect transaction to close in mid-2025DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) announced that its shareholders voted today to approve the company’s proposed transaction with Canada Pension Plan Investment Board (CP...