Norway’s Cash Flow From Offshore Fields Crashes Due to Low Natural Gas Prices
Thursday, 2 May 2024 Norway saw cash flow from its stakes in oil and gas fields nearly halve in the first quarter of 2024 compared to the same period of 2023, as natural gas prices slumped and gas consumption in Europe was below expectations, said state company Petoro, which manages field holdings of Western Europe’s top oil and gas producer. In the first quarter of the year, Petoro delivered a cash flow of $5.4 billion (60 billion Norwegian crowns) from the State's Direct Financial Interest (SDFI) to Norway. The cash flow was $5.14 billion (57 billion…
In an in-depth interview on Kitco News, Jeremy Szafron sits down with Ernie Miller, CEO of Verde Clean Fuels, to unravel the complexities of today's oil and natural gas markets. Miller delves..
The YELLOW JACKET® Combustible Gas Leak Detector P/N 69310 detects combustible hydrocarbon gases (e.g. natural gases, LPG). Readings are digitally displayed in PPM, % Vol., % LEL, with a rapid..
Thursday, 2 May 2024
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