#oilprice.com. × #Feb.25.2025 × Crude Oil Inventories in US See Surprise Drop | OilPrice.com. The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 640,000 barrels for the week ending February 21.
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#oilprice.com. × #Feb.25.2025 × Galp Makes Another Oil and Gas Discovery Offshore Namibia | OilPrice.com. Galp has announced a new significant light oil and gas-condensate discovery offshore Namibia, further solidifying the region's status as a major exploration hotspot.
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#oilprice.com. × #Feb.24.2025 × U.S. Imposes New Sanctions On Iran's Shadow Fleet | OilPrice.com. The United States has imposed sanctions on more than 30 people and vessels for selling and transporting Iranian petroleum-related products as part of the country’s"shadow fleet
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#oilprice.com. × #Feb.24.2025 × Oil Traders Shrink Exposure as Bullishness Wanes | OilPrice.com. Crude oil traders are reducing their long positions on WTI contracts due to potential peace talks in Ukraine, the resumption of Kurdish oil exports, and new tariffs, signaling a shift in market sentime
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#oilprice.com. × #Feb.21.2025 × Natural Gas is Still a Dirty Word, But It’s Here to Stay: WoodMac | OilPrice.com. Natural gas will play a critical role in the global energy transition, serving as a bridge fuel between coal and renewables, according to a new report from Wood Mackenzie
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#oilprice.com. × #Feb.21.2025 × UK Power Grid Requires $60 Billion Investment by 2050 | OilPrice.com. The UK National Infrastructure Commission reports the UK will need up to $63 billion in power distribution network investments by 2050, doubling the current investment pace to meet rising electricity d
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#oilprice.com. × #Feb.20.2025 × Russia Dangles Arctic Oil to Lure Back U.S. Firms | OilPrice.com. The Kremlin is signaling that it’s once again open for business with American oil companies—if the political winds shift.
#Business #Russia #USA #Europe #North America #Americas ×
#oilprice.com. × #Feb.19.2025 × EU Blacklists More Russian Shadow Tankers in New Sanctions Round | OilPrice.com. The EU has agreed on a 16th package of sanctions against Russia, including a ban on aluminum imports and targeting shadow fleet vessels, as the US and Russia hold talks about the Ukraine war.
#Business #Russia #Ukraine #USA #Europe #North America #Americas ×
#oilprice.com. × #Feb.14.2025 × Trump Unleashes LNG and Drilling Free-for-All | OilPrice.com. President Donald Trump wasted no time flexing his pro-fossil fuel stance, approving the first LNG export permit since Biden’s controversial pause last year and creating a new energy council to expand U
#Business #PublicHoliday #New Year's Eve #USA #New Year #North America #Americas ×
#oilprice.com. × #Feb.14.2025 × Oil Refiners Boost Biofuel and Petrochemical Production | OilPrice.com. Refiners are increasingly investing in the production of cleaner fuels and petrochemicals as they adapt to changing market demands and seek new growth opportunities.
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#oilprice.com. × #Feb.14.2025 × China Starts Ultra-Deep Onshore Oil and Gas Drilling Campaign | OilPrice.com. China has launched a new ultradeep drilling campaign, aiming to unlock oil and gas resources from depths exceeding 8,000 meters in the Taklimakan Desert.
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#oilprice.com. × #Feb.14.2025 × Oil Prices Set to Reverse Losing Streak | OilPrice.com. Crude oil prices rebounded this week, supported by a delay in the implementation of new U.S. tariffs and concerns about potential Russian oil production cuts.
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#oilprice.com. × #Feb.13.2025 × China’s Coal Power Construction Is at a Decade-High Despite Renewables Boom | OilPrice.com. China approved a record 66.7 GW of new coal-fired power capacity in 2024, despite significant growth in renewable energy installations, highlighting the ongoing challenge of transitioning away from coa
#Business #China #Asia #Americas ×
#oilprice.com. × #Feb.12.2025 × EU Considers Temporary Cap on Natural Gas Prices | OilPrice.com. The European Union is considering a new cap on natural gas prices as part of its clean industrial deal, but the proposal faces strong opposition from the energy industry.
#Business #European Union #Europe #Americas ×
#oilprice.com. × #Feb.11.2025 × Huge Jump in Crude inventories Caps Oil Prices | OilPrice.com. The American Petroleum Institute (API) estimated that crude oil inventories in the United rose by a massive 9.043 million barrels for the week ending January 31
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#oilprice.com. × #Feb.11.2025 × Miner Hopes New Greenland Government Could Revive Rare Earths Project | OilPrice.com. The company holding the license to develop the Kvanefjeld rare earth deposit in Greenland hopes that the upcoming election will result in a new government more supportive of its development.
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#oilprice.com. × #Feb.11.2025 × Indian Firms Discuss Long-Term LNG Supply Deals With the U.S. | OilPrice.com. Indian Oil Corporation is negotiating a long-term LNG supply agreement with U.S. exporter Cheniere Energy, signaling a new wave of energy deals between India and the U.S.
#Business #USA #Asia #North America #India #Americas ×
#oilprice.com. × #Feb.10.2025 × India’s Top Gas Firm Looks to Secure Long-Term U.S. LNG Supply | OilPrice.com. GAIL India is reviving plans to procure U.S. LNG supply by potentially acquiring a stake in an American export project or signing long-term offtake agreements.
#Business #USA #Asia #North America #India #Americas ×
#oilprice.com. × #Feb.10.2025 × Oil Prices Start the Week With Tariff-Fueled Jump | OilPrice.com. Oil prices rose significantly following the announcement of new tariffs on steel and aluminum imports by the former U.S. President, reflecting concerns about the potential impact on global economic gro
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#oilprice.com. × #Feb.06.2025 × TotalEnergies Looks To Boost Investments in U.S. LNG | OilPrice.com. TotalEnergies, the biggest exporter of U.S. LNG, plans to boost investments in American LNG supply and will consider expanding the export projects it is already invested in
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#oilprice.com. × #Feb.06.2025 × China’s Tariffs Could Drag Down U.S. Crude Oil Exports | OilPrice.com. Chinese tariffs on U.S. crude oil are expected to reduce demand for American crude exports, potentially impacting US oil production.
#Business #China #USA #Asia #North America #Americas ×
#oilprice.com. × #Feb.04.2025 × Shell Resumes Production From UK North Sea Oilfield After Redevelopment | OilPrice.com. Shell has restarted production at the Penguins field in the UK North Sea with a new FPSO, boosting domestic oil and gas output.
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