OILPRICE
- OILPRICE ( Middle East ) 2025/5/27
The shipping industry’s target of net-zero carbon emissions has boosted demand for biofuels, which are compatible with existing ship engines...
- OILPRICE ( Middle East ) 2025/5/27
With six little words, Elon Musk has relegated the oil industry to a historical footnote. This, despite the oil industry underpinning the wo...
- OILPRICE ( Middle East ) 2025/5/27
Via Metal Miner Chinese mills are churning out steel, aluminum and even refined copper at near-record levels and sending the surplus abroa...
- OILPRICE ( Middle East ) 2025/5/27
OPEC+ will press on with its plan to increase its oil production quotas for the month of July, anonymous sources have told Reuters—with the...
- OILPRICE ( Middle East ) 2025/5/27
Leading off… Armenia: Russian Foreign Minister Sergei Lavrov traveled to Yerevan and pronounced himself satisfied that the visit worked out...
- OILPRICE ( Middle East ) 2025/5/27
Alberta’s wildfire season is off to a fiery start, with a major blaze near the town of Swan Hills prompting evacuations and temporarily shut...
- OILPRICE ( Middle East ) 2025/5/27
After days of emerging indicators that Saudi Aramco (Aramco), the world’s largest oil company, is considering significant asset sales, the g...
- OILPRICE ( Middle East ) 2025/5/27
On May 27, the European Union formally approved its 150 billion-euro ($170 billion) scheme to boost defense spending in the bloc. The so-cal...
- OILPRICE ( Middle East ) 2025/5/27
Saudi Aramco, the world’s biggest oil firm, is expected to price later on Tuesday a three-part bond in U.S. dollars as a campaign to raise f...
- OILPRICE ( Middle East ) 2025/5/27
The boss of Enquest has slammed the windfall tax on oil and gas firms as doing “irreversible damage” to the industry and “driving job losses...
- OILPRICE ( Middle East ) 2025/5/27
Italy’s industry needs an urgent plan from the government to help reduce the high energy costs, which are higher than in other European coun...
- OILPRICE ( Middle East ) 2025/5/27
OPEC’s second-largest oil producer, Iraq, aims to accelerate solar power development with at least 1,000 small-sized projects over the next...
- OILPRICE ( Middle East ) 2025/5/27
The OPEC+ group must consider rising oil demand when it makes decisions about production levels, the energy minister of one of OPEC’s top pr...
- OILPRICE ( Middle East ) 2025/5/27
Investments in Norway’s oil and gas sector are set to hit a record high this year, led by increased investments in operating fields, Statist...
- OILPRICE ( Middle East ) 2025/5/27
Greenland will seek investments in its minerals from any country, including China, if the EU and the United States continue to hesitate abou...
- OILPRICE ( Middle East ) 2025/5/27
Goldman Sachs analysts issued yet another update to their oil price forecast, reiterating expectations of weaker prices this year and next,...
- OILPRICE ( Middle East ) 2025/5/27
Crude oil prices slid further today after a weak start to the week, following reports that OPEC+ was discussing a greater than originally pl...
- OILPRICE ( Middle East ) 2025/5/27
Wildfires erupted in the northern part of Alberta over the weekend, with some igniting near oil wells operated by Canadian Natural Resources...
- OILPRICE ( Middle East ) 2025/5/27
U.S. energy executives are forecasting a significant increase in offshore oil production under a potential second Trump administration, attr...
- OILPRICE ( Middle East ) 2025/5/27
Back in 2017, oil production in the Permian stood at 2.2 million barrels daily. Today, the Permian is producing over 6 million barrels daily...
- OILPRICE ( Middle East ) 2025/5/27
Europe’s failure to put long-term international security interests above short-term economic benefits over Georgia in 2008 and over Ukraine...
- OILPRICE ( Middle East ) 2025/5/27
U.S. midstream companies are hesitant to commit to new pipeline builds amid market volatility and tariff uncertainty. Some companies are ann...
- OILPRICE ( Middle East ) 2025/5/26
UK households are set to see a modest drop in their energy bills this summer, after regulator Ofgem revealed a seven per cent cut to its qua...
- OILPRICE ( Middle East ) 2025/5/26
Preparations are under way for what could be the most delicate NATO summit in years — and Mark Rutte’s first real test as secretary-general....
- OILPRICE ( Middle East ) 2025/5/26
Nicolas Maduro has solidified his power over Venezuela following this weekend’s regional and parliamentary election, which his ruling party...