• 4 minutes Is The Three Gorges Dam on the Brink of Collapse?
  • 8 minutes The Coal Industry May Never Recover From The Pandemic
  • 11 minutes China Raids Bank and Investor Accounts
  • 22 hours During March, April, May the states with the highest infections/deaths were NY, NJ, Ma. . . . . Today (June) the three have the best numbers. How ? Herd immunity ?
  • 14 hours Putin Forever: Russians Given Money As Vote That Could Extend Putin's Rule Draws To A Close
  • 3 mins Putin Paid Militants to Kill US Troops
  • 22 hours Biden admits he has been tested for Cognitive Decline several times. Didn't show any proof of test results.
  • 26 mins Victor Davis Hansen on Biden's mental acuity " . . unfit to serve". 1 out of 5 Democrats admit it. How many Dem's believe it but will not admit it?
  • 13 hours Tesla Model 3 police cars pay for themselves faster than expected, says police chief
  • 17 hours Apology Accepted!
  • 7 mins Is OilPrice a cover for Green Propganda
  • 14 hours The Political Genius of Donald Trump
  • 21 hours Why Oil could hit $100
  • 2 days Biden came out of his basement today (Thursday) and said , "we have 120 Million deaths from Covid 19.
  • 2 days U.S. natural gas at major disadvantage in Europe and China.
  • 19 hours Per most popular Indian websites it was Indian troops not Chinese troops breach of LAC that caused the clashes. If you know any Indian media that claim to the contrary please provide the link

Breaking News:

Japan Bets Big On Mozambique LNG

DEVELOPMENT & DISCOVERY ALERTS - Dana Gas Announces Find in Egypt

Dana Gas Announces Find in Egypt

UAE-based Dana Gas on 30 June announced a significant gas discovery in Egypt’s Nile Delta, just four days before Egypt’s military stepped in to depose the Muslim Brotherhood-led government and usher in another phase of instability. Dana Gas’s Begonia-1 well produced 9.4 million cubic feet per day of gas, along with light oil condensate. The Begonia-1 well is in the Lower Abu Madi Formation. Total evaluated resources for the Lower Abu Madi zone are between 7 billion and 15 billion cubic feet, along with around 100,000 barrels of condensate. The timing is important. Egypt’s Muslim Brotherhood has been beholden to the largesse of Qatar, and desperately in need of more Qatari gas to keep afloat. The downfall of the Muslim Brotherhood in Egypt, at the hands of the military, is certainly being viewed as a small (if only petty) victory for the UAE and Saudi Arabia, who have grown tired of Qatar’s meddling. The Dana Gas find could give a new Egyptian government more domestic supply and require less reliance on Qatar. Dana’s average output in Egypt for this year was about 33,600 boepd. This new find could add around 1,600 boepd.

Scotland Wave Energy Dealt Major Blow

E.ON has withdrawn from its partnership with wave-energy developer Pelamis because of the slow pace of development of the much-touted high-technology. Edinburgh-based Pelamis was testing a giant wave energy device at the European…




Oilprice - The No. 1 Source for Oil & Energy News