News - Inspire Energy FZE

Apr 09 2024

ADIPEC, taking place on 4-7 November 2024 in Abu Dhabi

ADIPEC, taking place on 4-7 November 2024 in Abu Dhabi, is the world’s largest and most inclusive gathering for the energy industry

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Apr 05 2024

Oil Holds Above $90 as Middle East Tensions Rise

Oil held above the $90-a-barrel threshold as escalating tensions in the Middle East prompt a dramatic repricing of geopolitical risks.

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Chief Commodities Analyst Says OPEC+ Is In Full Control

OPEC+ is in full control both to the downside and to the upside, Bjarne Schieldrop, the Chief Commodities Analyst at Skandinaviska Enskilda Banken AB (SEB), said in a report sent to Rigzone on Wednesday.

USA Crude Oil Stocks Rise WoW

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 3.2 million barrels from the week ending March 22 to the week ending March 29, according to the U.S. Energy Information Administration’s (EIA) latest weekly petroleum status report.

APA Corporation Completes Acquisition of Callon Petroleum Company

HOUSTON, Jan. 4, 2024 /PRNewswire/ -- APA Corporation ("APA" or the "Company") (NASDAQ: APA) and Callon Petroleum Company ("Callon") (NYSE: CPE) have entered into a definitive agreement under which APA will acquire Callon in an all-stock transaction valued at approximately $4.5 billion, inclusive of Callon's net debt.

Iraqi exports finish down year with a December surge

Nationwide oil sales dropped in 2023 due to the northern pipeline outage, but federal exports hit a four-year high in December.Iraq’s oil sales fell in 2023, as an increase in the federal government’s crude exports did not fully compensate for the loss of northern pipeline exports via Turkey.

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