Review: Still Wakes the Deep (PS5) – Scottish oil rig conjures horror magic

There’s something special about a truly isolated horror setting. Enter the Nostromo AlienOutpost 31 in The thing, and the USG Ishimura in dead space. Well, you can add the Beira D to the list as Still Wakes the Deep creates a twisted environment drenched in seawater, oil and blood. Swapping the picturesque English countryside for … Read more

Joe Biden is willing to reopen US oil supplies if gasoline prices rise again

Unlock the US Election Countdown newsletter for free The stories that matter about money and politics in the race for the White House The Biden administration is ready to release more oil from its strategic stockpile to stem any rise in gasoline prices this summer, as the White House battles to contain inflation ahead of … Read more

The world is using more oil, coal and gas than ever before and will continue to do so. Net Zero is dead

A key point of consensus regarding global oil demand is the expectation that it will remain robust, driven by a combination of factors including economic recovery, increased travel and rising industrial activity in non-OECD countries. The only major body not seeing sustained, massive growth is the International Energy Agency (IEA), which revised its figures this … Read more

Gene editing strikes oil: High-efficiency Camelina revolutionizes biofuels

SciTechDaily

Artist’s rendering of the effect of editing all six copies of the TT8 gene in Camelina sativa. Seeds with inactivated TT8 genes (right) show a yellow color, reduced thickness of their seed coat and an accumulation of almost 22% more oil than wild seeds (left). Credit: Valerie Lentz/Brookhaven National Laboratory Scientists have increased oil production … Read more

The world faces a ‘staggering’ oil glut by the end of the decade, the energy watchdog has warned

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The world faces a “staggering” oil glut reaching millions of barrels a day by the end of this decade as oil companies increase production, undermining Opec+’s ability to control crude prices, the International Energy Agency … Read more

Slowing demand growth and rising supply put global oil markets on course for a large surplus this decade – News – IEA

Oil markets are comfortably supplied until 2030, according to the IEA’s new medium-term outlook, although a relentless focus on energy security will remain crucial as powerful forces transform the sector Global oil demand growth is expected to slow in the coming years as energy transitions progress. At the same time, global oil production is expected … Read more

Scientists develop yellow seed camelina with high oil production

This article was reviewed according to Science fact checked peer-reviewed publication trusted source proofread OK! Artist’s rendering of the effect of editing all six copies of the TT8 gene in Camelina sativa. Seeds with inactivated TT8 genes (right) show a yellow color, reduced thickness of their seed coat and an accumulation of almost 22% more … Read more

Noble-Diamond Offshore merges into ‘perfect fit’: US drilling giants merge to create 41-strong oil rig fleet

Texas-based offshore drilling contractor Noble Corporation has taken steps to bring land-based drilling rig owner Diamond Offshore into its fold, which will result in a US-based offshore drilling heavyweight with a fleet of 41 rigs and a combined backlog of $6.5 billion. . Noble Interceptor installation; Source: Noble Corporation The rig owner duo has entered … Read more

‘Living rocks’ off Saudi Arabia’s Sheybarah Island offer a glimpse of how life on Earth began

LONDON: It was a kind of accidental discovery, Volker Vahrenkamp admits with a smile. “Sometimes these things need a little luck.” Vahrenkamp, ​​a professor of geology at King Abdullah University of Science and Technology in Thuwal, on Saudi Arabia’s Red Sea coast, had set out with a team of colleagues to investigate a coastal geological … Read more

Algorithm trading exacerbated oil price decline after OPEC decision | OilPrice.com

The market reaction to OPEC’s latest production policy announcement was extremely negative, partly due to the many trades executed based on trend-following algorithms, analysts say. While most analysts view the OPEC+ alliance’s announcement this weekend as bearish for oil prices towards the end of the year due to the plan to start unwinding some of … Read more