#oilprice.com. × UK Energy Operators Face Scrutiny Over Windfall Profits | OilPrice.com. A UK consumer protection organization has reported that energy infrastructure operators in the country have made billions in excessive profits due to a flawed formula used by the market regulator.
#Feb.20.2025 ×
#oilprice.com. × Army Corps of Engineers Lists 600 Critical Energy Projects | OilPrice.com. The Army Corps of Engineers has listed 600 energy and infrastructure projects for development under President Trump’s national energy emergency declaration, which aims to bolster the nation’s energy in
#Feb.20.2025 ×
#oilprice.com. × U.S. Oil Industry Braces For More Pain As Inventories Continue to Grow | OilPrice.com. Oil prices ended the day a bit lower as the API reported builds in both gasoline and crude inventories
#Feb.19.2025 ×
#oilprice.com. × Exxon's Gas Project In Guyana To Include Fertilizer Plant | OilPrice.com. ExxonMobil's large-scale gas project in Guyana will also include fertilizer plants, the head of the U.S. oil major in Guyana, Alistair Routledge, said on Wednesday
#Feb.19.2025 ×
#oilprice.com. × Tariff Threats Propel Gold Prices To All-Time High | OilPrice.com. Gold prices soared to an all-time high on Wednesday after safe haven flows jumped amid U.S. President Donald Trump's growing tariff threats
#Feb.19.2025 ×
#oilprice.com. × 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.
#Feb.19.2025 ×
#oilprice.com. × German Watchdog Finds Competition Risks in Oil Market Pricing | OilPrice.com. Germany's antitrust watchdog, Bundeskartellamt, has identified potential risks to competition in the oil and fuels market due to current price assessment mechanisms.
#Feb.19.2025 ×
#oilprice.com. × BP Shareholders Seek Vote on Fundamental Reset of Strategy | OilPrice.com. A group of institutional investors holding a 2.5% stake in BP is demanding a shareholder vote on any fundamental reset of the company's strategy, particularly concerning climate targets.
#Feb.19.2025 ×
#oilprice.com. × Goldman Sachs: Ukraine Peace Won’t Hike Russia’s Oil Supply | OilPrice.com. Goldman Sachs argues that potential sanctions relief on Russia following a Ukraine peace deal would not significantly increase its oil supply, as production is primarily limited by its OPEC+ quota.
#Feb.19.2025 ×
#oilprice.com. × China’s Clean Energy Investments Near Total Global Spend on Fossil Fuels | OilPrice.com. China invested $940 billion in clean energy in 2024, nearly matching global fossil fuel investments and significantly contributing to its economic growth.
#Feb.19.2025 ×
#oilprice.com. × Saudi Utility Giant Buys Engie Energy Assets in Kuwait and Bahrain | OilPrice.com. ACWA Power has acquired Engie's stakes in four gas-fired power and water desalination plants in Bahrain and Kuwait for $693 million.
#Feb.19.2025 ×
#oilprice.com. × Iranian Oil Exports to China Rebound | OilPrice.com. Despite a recent US crackdown on shipments, Iranian crude oil exports to China have rebounded significantly in February.
#Feb.19.2025 ×
#oilprice.com. × Brazil Joins OPEC+ | OilPrice.com. Brazil has joined OPEC, but its membership will not require it to participate in production cuts.
#Feb.19.2025 ×
#oilprice.com. × Oil Prices Inch Higher on Caspian Supply Disruption and Cold Weather in the U.S. | OilPrice.com. Oil prices have risen due to a drone attack on a Russian pipeline and cold weather in the US, although potential US-Russia negotiations and the possible restart of Kurdish oil exports are creating pric
#Feb.19.2025 ×
#oilprice.com. × Europe’s LNG Tango: A Love-Hate Relationship with Reality | OilPrice.com. A leaked draft from the European Commission suggests Brussels will “immediately engage” with LNG suppliers to stabilize energy prices, all while still pretending it’s on track to kiss fossil fuels good
#Feb.18.2025 ×
#oilprice.com. × G7 Weighing Tightening Russian Oil Price Cap | OilPrice.com. The Group of Seven is considering collectively tightening an oil price cap on Russian petroleum in an effort to cut Moscow’s oil revenues as the war in Ukraine rages on
#Feb.18.2025 ×
#oilprice.com. × Steep Backwardation in European Diesel | OilPrice.com. Europe’s diesel markets are flashing signs of tightness, with near-term diesel contracts on Tuesday hitting the steepest backwardation since March of 2024.
#Feb.18.2025 ×
#oilprice.com. × Germany’s Power Prices Dip as Natural Gas Falls amid Ukraine Talks | OilPrice.com. Germany’s year-ahead power futures prices fell this week to the lowest level since the beginning of the year amid falling European natural gas prices as talks on a peace deal in Ukraine began
#Feb.18.2025 ×
#oilprice.com. × Brazil’s Government Divided on Nuclear Plant 40 Years Under Construction | OilPrice.com. The Brazilian government is currently debating the future of the Angra 3 nuclear power plant, which has faced decades of delays and construction halts.
#Feb.18.2025 ×
#oilprice.com. × Diamondback Boosts Midland Basin Presence With $4-Billion Acquisition | OilPrice.com. Diamondback Energy has announced the acquisition of Double Eagle in a deal valued at approximately $4 billion, expanding its presence in the Permian Basin.
#Feb.18.2025 ×
#oilprice.com. × Saudi Crude Oil Exports Dropped in December From 7-Month High | OilPrice.com. Saudi Arabia's crude oil exports declined slightly in December 2024, despite a modest increase in refinery throughput, as the country adheres to OPEC+ production cuts.
#Feb.18.2025 ×
#oilprice.com. × TotalEnergies to Invest $1-Billion in Green Hydrogen Projects | OilPrice.com. TotalEnergies and Air Liquide have signed agreements to invest more than $1 billion in two green hydrogen projects in the Netherlands, aiming to decarbonize their refining operations.
#Feb.18.2025 ×
#oilprice.com. × Russia Claims Drone Attack at Caspian Oil Pipeline Hurts U.S. Firms | OilPrice.com. A top Russian official has blamed Ukraine for a recent drone attack on a Russian pipeline, arguing that the attack targets U.S. oil companies and aims to destabilize the global oil market.
#Feb.18.2025 ×
#oilprice.com. × Petronas Launches an Oil and Gas Tender | OilPrice.com. Petronas has launched a new oil and gas tender for five exploration blocks in Malaysian waters, seeking to boost hydrocarbon production and explore new resources.
#Feb.18.2025 ×
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