Oil market faces uncertainties after Iranian president’s death
Although oil prices rose following the news of President Ebrahim Raisi’s death, GlobalData does not expect a long-term impact on oil markets.
21 May 2024
21 May 2024
Although oil prices rose following the news of President Ebrahim Raisi’s death, GlobalData does not expect a long-term impact on oil markets.
The deals involve the divestment of assets in the Midland Basin and East Texas by its unit Apache and certain subsidiaries.
The interim liquefied petroleum gas (LPG) facility is set to strengthen the gas supply chain as Kenya commences the construction of a permanent LPG plant.
Pinnacle's assets include the Dos Picos natural gas system, which features a 220 million cubic feet per day (mcf/d) processing plant and a 128.74km gathering pipeline.
US Central Command (Centcom) said the Iran-backed rebel group attacked a Panamanian-flagged oil tanker off the Red Sea coast with an anti-ship missile on Saturday.
The lay-offs are not related to the company's pending multibillion dollar merger with Southwestern Energy.
It will commence drilling of the offshore development in the first half of 2025 using the COSLInnovator drilling rig.
Perpetrators are using AI to facilitate cyber attacks, while attacks themselves are being used to sow geopolitical discord.
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