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#oilprice.com. × Oil Prices Slip Despite Lukoil Declaring Force Majeure in Iraq | OilPrice.com. Oil prices fell despite Lukoil declaring force majeure on its Iraqi operations after new U.S. sanctions, as traders focused on signs of global oversupply ahead of key OPEC and IEA reports.
#Nov.11.2025 ×
#oilprice.com. × Lukoil Declares Force Majeure at Huge Iraqi Oilfield After U.S. Sanctions | OilPrice.com. Russian oil giant Lukoil declared force majeure at Iraq's 400,000-bpd West Qurna-2 oilfield following new U.S. sanctions, which also led to Iraq halting payments and the collapse of Lukoil's planned $2
#Nov.10.2025 ×
#oilprice.com. × Renault in Talks with Chinese Supplier for Next-Gen EV Motor Technology | OilPrice.com. Renault is pursuing a long-term partnership with a Chinese supplier to develop copper-based electric vehicle motors, moving away from rare earth elements amid escalating Chinese export controls on crit
#Nov.10.2025 ×
#oilprice.com. × Norway’s $2.1 Trillion Oil Fund Seeks Renewables Deals in U.S. | OilPrice.com. Norway's $2.1 trillion oil fund is actively seeking investment in US renewable energy assets and expanding its clean energy portfolio in Europe, despite potential political headwinds.
#Nov.10.2025 ×
#oilprice.com. × Venture Global Swings to Massive Q3 Profit as LNG Sales Explode | OilPrice.com. Venture Global booked a net income of $429 million for the third quarter of 2025 as LNG sales and revenues soared, even while grappling with reduced EBITDA guidance and a loss in arbitration against BP
#Nov.10.2025 ×
#oilprice.com. × Shell Abandons Two Major UK Offshore Wind Projects | OilPrice.com. Shell has withdrawn from two Scottish offshore wind projects, MarramWind and CampionWind, continuing a global trend of oil and gas majors scaling back renewable energy investments due to economic press
#Nov.10.2025 ×
#oilprice.com. × China Car Sales Fall as Government Incentives Dry Up | OilPrice.com. China's passenger car sales saw their first annual decline in months in October as trade-in incentives and subsidies were phased out, leading analysts to forecast a potential sales slump in 2026.
#Nov.10.2025 ×
#oilprice.com. × Swedish Industrial Giants Bet Big on Small Modular Nuclear Reactors | OilPrice.com. Sweden’s leading industrial companies have partnered with Vattenfall to develop small modular reactors through a new joint venture, marking a major step in the country’s nuclear energy revival.
#Nov.10.2025 ×
#oilprice.com. × Eni and Petronas to Launch 8 Upstream Projects in Southeast Asia | OilPrice.com. Eni and Petronas are launching a $15 billion joint venture to develop eight new upstream projects in Indonesia and Malaysia, aiming to boost regional production to over 500,000 boe/d within three years
#Nov.10.2025 ×
#oilprice.com. × India Races to Replace Russian Oil With U.S., Iraqi, and UAE Crude | OilPrice.com. India’s refiners are rushing to buy U.S., Iraqi, and UAE crude to offset losses from new sanctions on Russian oil exports.
#Nov.10.2025 ×
#oilprice.com. × India’s Clean Power Push Nears One-Third of Total Generation | OilPrice.com. India’s renewable and low-carbon electricity generation has climbed to over 31% of total output, signaling rapid progress toward clean energy goals but also exposing growing challenges in grid manageme
#Nov.10.2025 ×
#oilprice.com. × China’s Top Shale Oil Field Hits 20 Million-Ton Milestone | OilPrice.com. China’s Changqing shale oil field has reached 20 million tons of cumulative production, marking a major leap forward in the nation’s drive to expand domestic shale output.
#Nov.10.2025 ×
#oilprice.com. × Oil Prices Climb as Senate Passes Deal to Reopen Government | OilPrice.com. Oil prices inched higher in early Asian trading amid optimism that the U.S. Senate will soon pass a funding deal to end the federal government shutdown, improving demand outlook and investor sentiment.
#Nov.09.2025 ×
#oilprice.com. × Trump Weighs Exempting Hungary From Russian Oil Sanctions | OilPrice.com. President Donald Trump told Hungarian Prime Minister Viktor Orbán that the US is considering exempting Hungary from Russian oil sanctions, a move that comes as Ukraine's President Volodymyr Zelenskyy t
#Nov.07.2025 ×
#oilprice.com. × U.S. Sanctions on Russia Lead to Puzzling Oil Cargo Transfer Off India | OilPrice.com. An unusual, unconcealed ship-to-ship transfer of a Rosneft crude cargo between two sanctioned tankers off the coast of India is baffling market analysts following new U.S. sanctions on Russian oil prod
#Nov.07.2025 ×
#oilprice.com. × Petrobras Readies Next Buzios Platform After Record Output | OilPrice.com. Petrobras is preparing to launch the P-78 FPSO at the Búzios oil field in December, following a quarter of record production and increased net income that resulted in higher shareholder payouts.
#Nov.07.2025 ×
#oilprice.com. × Duke Energy Crushes Q3 Earnings Estimates on Strong Sales | OilPrice.com. U.S. electric utility giant Duke Energy posted consensus-beating third-quarter earnings driven by new rates and higher retail sales, while also announcing a planned increase to the industry’s largest c
#Nov.07.2025 ×
#oilprice.com. × Japan Raises Fuel Subsidies to Offset Tax Cuts | OilPrice.com. Japan will increase fuel subsidies for households to smooth the transition before it scraps the decades-old gasoline and diesel taxes to alleviate the cost of living.
#Nov.07.2025 ×
#oilprice.com. × Renewable Energy Boom Drives Up India's Power Transmission Costs | OilPrice.com. India's rapid renewable energy expansion is causing state utilities to pay surging transmission charges due to a mismatch between transmission network planning and real-time capacity and demand.
#Nov.07.2025 ×
#oilprice.com. × Oil Prices Set to Extend Losing Streak as Floating Storage Soars | OilPrice.com. Record volumes of oil in floating storage are deepening concerns about a global supply glut and pushing crude prices lower despite emerging disruptions to Russian exports.
#Nov.07.2025 ×
#oilprice.com. × Pirates Board Oil Tanker in Indian Ocean | OilPrice.com. Suspected pirates illegally boarded the Hellas Aphrodite oil tanker off the coast of Somalia on Thursday, prompting a warning from maritime security firms about renewed pirate activity in the region.
#Nov.06.2025 ×
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