Stephen Cunningham on Muck Rack

Stephen Cunningham

Verified
New York
As seen in: Argus Media, Medium, MSN, Bloomberg Businessweek, Bloomberg Markets Magazine, Bloomberg News, Yahoo Finance, Fortune, TechRadar, The Globe and Mail, Chron and
reporter in New York. Queens via DC-London-Dublin-Dubai-Slough. #LGM. As you are now so once were we.
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Articles

US majors warn oil prices rise as stocks fall

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By Stephen Cunningham Verified
| Peak Oil News
US oil majors warned that inventory drawdowns that cushioned supply disruptions from the conflict in the Middle East are reaching their limits, setting the stage for higher crude prices. Above-normal inventories at the start of the year, along with releases from strategic reserves and waivers on sanctioned oil, helped offset the impact of the effective closure of the strait of Hormuz, which accounts for about a fifth of global daily crude flows.
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India’s Cairn in $5bn spending spree with oil services

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By Malik Johnson, Stephen Cunningham Verified
| World Ports Organization
New York, 26 March (Argus) — Indian private-sector producer Cairn Oil & Gas, a subsidiary of Vedanta, plans to spend up to $5bn on partnering with US oil services companies to help develop its homegrown industry, according to chairman Anil Agarwal. The company also plans to team up with either local or international firms to jointly bid in the OALP-X round in India.
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Shell eyes potential gas FIDs in Venezuela

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By Emily Carter, Stephen Cunningham Verified
| World Ports Organization
Houston, 24 March (Argus) — Shell’s initial focus in Venezuela will be geared towards natural gas that can be monetized through LNG, according to chief executive officer Wael Sawan. “We could even be in a position to take final investment decisions (FIDs) on one or two projects before the end of this year, if afforded the right fiscal and legal frameworks,” Sawan said Tuesday at the CERAWeek by S&P Global conference in Houston, Texas.
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