Price Watch
A daily bulletin about oil and gas
The Futures
Oil and gas prices are more than numbers—they reflect global events, technological advancements, and environmental concerns.
Horizon Energy Digest
TotalEnergies Secures $1.8B in Capital from GIP for African Assets
Global Infrastructure Partners (GIP) has committed $1.8 billion in capital to TotalEnergies SE for the French company’s stakes in several oil and gas infrastructure assets in Africa. In exchange TotalEnergies will pay GIP, part of BlackRock Inc, a throughput-based tariff for up to 15 years.
Hormuz Tanker Traffic Slumps as Saudi Arabia Scrambles for New Oil Routes
Only four commodity vessels were detected to have moved inbound or out of the Strait of Hormuz on Thursday, shipping data showed early on Friday, while oil shipping options out of the Middle East became fewer with the closure of the Saudi pipeline to the Red Sea port of Yanbu.
Curious Minds Corner
What is the purpose of a separator in production facilities?
To split produced fluids into oil, gas, and water.