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#oilprice.com. × Lithuania Could Break EU Ranks Over Critical Minerals Deal | OilPrice.com. Lithuania is prepared to pursue a standalone critical minerals agreement with the United States if the European Union fails to act swiftly.

#oilprice.com. × India’s Top Private Refiner Gets U.S. License to Buy Venezuelan Oil | OilPrice.com. India's largest private refiner, Reliance Industries, has received authorization from the United States to purchase, export, and sell Venezuelan crude oil, signaling a shift to replace Russian supply i

#oilprice.com. × TC Energy Tops Q4 Profit Estimate on Strong U.S. Natural Gas Demand | OilPrice.com. TC Energy beat fourth-quarter earnings estimates as surging U.S. power demand and LNG exports drove record natural gas deliveries across its North American pipeline network.

#oilprice.com. × Enbridge Books Record-High Core Earnings for 2025 | OilPrice.com. Canadian pipeline giant Enbridge reported record-high core earnings for 2025 and consensus-beating fourth-quarter earnings, driven by growing oil and gas demand and strategic capacity expansions.

#oilprice.com. × Indian Scrapyards Welcome Growing Number of Dark Fleet Tankers | OilPrice.com. At least three U.S.-sanctioned "dark fleet" tankers have recently arrived at India's Alang demolition hub, following a record 15 last year, signaling the retirement of the fleet's oldest ships, partly

#oilprice.com. × India Explores Gas Power Boost to Stabilize Grid During Peak Hours | OilPrice.com. India is exploring using its gas-fired power plants more during evening peak hours to stabilize the grid as renewable energy sources rapidly expand, all while navigating a price-sensitive LNG import st

#oilprice.com. × Venezuela Oil Revenue Projected to Hit $5 Billion Under U.S. Control | OilPrice.com. Venezuela’s oil sales, under the control of the United States, are set to bring $5 billion over the next few months, with $500 million in proceeds already transferred to Caracas.

#oilprice.com. × Tony Blair Think Tank Calls For North Sea Oil Revival | OilPrice.com. A think tank established by former British Prime Minister Tony Blair has called on the Starmer government to reverse the decline in the UK oil and gas industry, arguing its revival could boost the econ

#oilprice.com. × Electric Vehicle Sales Dip 3% After China Cuts Subsidies and Adds Tax | OilPrice.com. Global electric vehicle sales declined by 3% following China's reduction of subsidies and introduction of a purchase tax, alongside the cancellation of U.S. federal tax incentives, leading to a substan

#oilprice.com. × Trump Disavows Oil Executive’s Role in Venezuela Talks | OilPrice.com. President Trump denied that a private U.S. oil executive is influencing Washington’s Venezuela policy, reaffirming that any reopening of the country’s vast crude reserves will remain tightly controlled

#oilprice.com. × Oil Prices Drop 3% After IEA Cuts Demand Growth Outlook | OilPrice.com. Oil prices fell sharply after the IEA cut its demand growth forecast, intensifying concerns that rising supply could lead to inventory builds later this year.

#oilprice.com. × Top Trader Sees Sanctions Tightening Market and Lifting Oil Prices | OilPrice.com. Sanctions on Russia and Iran are sidelining roughly a million barrels per day, tightening effective supply and supporting crude prices even as fears of oversupply persist.

#oilprice.com. × Ukrainian Drone Strike Halts Major Russian Refinery in Volgograd | OilPrice.com. A Ukrainian drone attack forced the suspension of oil processing at Russia’s major Volgograd refinery, underscoring the mounting financial and operational strain on Moscow’s energy sector as peace talk

#oilprice.com. × Inpex Warns Of Looming LNG Crunch in Asia | OilPrice.com. Japan’s Inpex expects an LNG supply shortfall of 231 million tons per year in the Pacific coastal region by 2035 as global demand is projected to nearly double.

#oilprice.com. × Shipping Giants Forge Ahead with Green Investments Despite Carbon Price Collapse | OilPrice.com. Despite the collapse of talks for a global carbon price, the international shipping industry is continuing its significant investments in emission-reducing fuels and vessels, driven by regional regulat

#oilprice.com. × IEA Slashes Oil Demand Growth Forecast For 2026 | OilPrice.com. The International Energy Agency has cut its 2026 global oil demand growth estimate to 850,000 barrels per day, citing growth solely from developing economies led by China, while confirming an expected

#oilprice.com. × Russia to Send Oil to Crisis-Stricken Cuba | OilPrice.com. Russia plans to send oil and oil products to Cuba as humanitarian aid, defying new US tariffs designed to cut off fuel supply and exacerbate the island's deepening economic and fuel crisis.

#oilprice.com. × Norway’s Oil Investments Set to Drop from 2025 High | OilPrice.com. Energy firms operating offshore Norway project a significant decline in oil and gas investments in 2026 and 2027, following a record high in 2025, due to the completion of development projects.

#oilprice.com. × Europe Gets Rare LNG Cargo from China Amid Gas Crunch | OilPrice.com. A rare liquefied natural gas cargo from China is heading to Europe as the continent faces record-high LNG imports, low storage levels, and an impending ban on Russian gas.

#oilprice.com. × U.S. Energy Secretary Says Venezuela Could See Surge in Oil Output | OilPrice.com. U.S. Energy Secretary Chris Wright predicted a dramatic surge in Venezuela's oil, natural gas, and electricity production this year, while cautioning the country about non-mutually beneficial deals wit

#oilprice.com. × EU Industry Chiefs Demand Lower Energy Prices | OilPrice.com. Hundreds of European business executives have demanded that the European Union urgently lower energy prices and reform its emissions trading system, warning that high costs are driving investment away

#oilprice.com. × Indian Refiners Urged to Buy More U.S. and Venezuela Oil | OilPrice.com. India's government is urging domestic refiners to increase spot market purchases of crude oil from the U.S. and Venezuela following a trade deal with the United States that includes a commitment to sto

#oilprice.com. × Saudi Arabia’s Aramco Begins Production At $100B Jafurah Gas Project | OilPrice.com. Saudi Aramco has begun production of light oil (condensate) from its $100 billion Jafurah unconventional gas project, after the company completed Phase 1 construction of the 450-MMcf/D-capacity gas pla

#oilprice.com. × Libya Awards First Oil Blocks In 20 Years to Chevron and Europe’s Oil Majors | OilPrice.com. Libya's state-owned National Oil Corporation (NOC) has announced U.S. Oil &amp; Gas major Chevron (NYSE:CVX) among the winners of its first oil and gas licensing round in nearly two decades, signaling

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