#oilprice.com. × India’s Green Hydrogen Ambitions Face Reality Check | OilPrice.com. Uncertain demand and high costs are significantly impeding India's National Green Hydrogen Mission, suggesting the country will likely miss its 2030 production target.
#Nov.14.2025 ×
#oilprice.com. × Chinese Solar Giants Bet on Batteries to Survive Industry Meltdown | OilPrice.com. China’s leading solar equipment makers, reeling from overcapacity and plunging profits, are pivoting to the fast-growing energy storage market to stabilize their businesses.
#Nov.14.2025 ×
#oilprice.com. × Goldman Revises Oil Demand Forecast After IEA U-Turn | OilPrice.com. Goldman Sachs now expects oil demand to climb to 113 million barrels per day by 2040, citing slower net-zero progress and persistent global energy security concerns.
#Nov.14.2025 ×
#oilprice.com. × Carlyle Eyes Lukoil Assets After Gunvor's $22 Billion Deal Collapses | OilPrice.com. Carlyle has entered early negotiations to acquire Lukoil’s international operations after U.S. pressure derailed Gunvor’s competing $22 billion bid.
#Nov.14.2025 ×
#oilprice.com. × Oil Prices Jump as Ukraine Hits One of Russia’s Biggest Export Hubs | OilPrice.com. Ukrainian drone strikes on Russia’s Novorossiysk oil port lifted crude prices as supply risks resurfaced amid an otherwise bearish market.
#Nov.13.2025 ×
#oilprice.com. × U.S. Sanctions Strand a Third of Russia’s Crude Exports at Sea | OilPrice.com. U.S. sanctions targeting Rosneft and Lukoil have stalled nearly a third of Russia's crude oil export potential at sea, causing top buyers India and China to reduce December purchases and widening the d
#Nov.13.2025 ×
#oilprice.com. × Germany Caps Power Prices to Save Its Industrial Base | OilPrice.com. Germany has agreed to subsidize electricity for its heavy industries, capping prices at about €0.05 per kilowatt-hour from 2026 through 2028
#Nov.13.2025 ×
#oilprice.com. × EU Development Bank Boosts Funding for Ukraine Gas Supply | OilPrice.com. The European Union's development bank has provided an additional $147-million grant to Ukraine’s state energy firm Naftogaz to secure natural gas supply following intensified Russian attacks on the cou
#Nov.13.2025 ×
#oilprice.com. × Nigeria Scraps Plans for Fuel Import Duty in Blow to Local Refiners | OilPrice.com. Nigeria has abandoned plans to impose a 15% duty on imported refined petroleum products, a move that undercuts the new private domestic refinery owned by Aliko Dangote.
#Nov.13.2025 ×
#oilprice.com. × Oil Stabilizes After Selloff Amid OPEC Reassessment and U.S. Funding Deal | OilPrice.com. Oil prices steadied on Wednesday after a sharp 4% slide the day before, with Brent trading near $63.08 and WTI around $58.80 at 11:01 a.m. ET, as traders reassessed the latest OPEC shift toward a more
#Nov.13.2025 ×
#oilprice.com. × IEA Warns Oil Glut Will Be Worse Than Expected | OilPrice.com. The International Energy Agency has raised its oil supply and demand growth estimates, forecasting a higher-than-expected 4.09 million barrels per day surplus for the global oil market in 2026.
#Nov.13.2025 ×
#oilprice.com. × Hungary’s MOL Moves to Acquire Stake in Sanctioned Serbian Refinery | OilPrice.com. Hungarian oil company MOL is negotiating to buy a significant stake in Serbia’s sanctioned, Russian-owned NIS refinery, which faces an imminent shutdown due to halted crude supply.
#Nov.13.2025 ×
#oilprice.com. × Australia’s Conservative Opposition Ditches Net-Zero Goal | OilPrice.com. Australia’s Liberal Party has reversed its climate stance, pledging to scrap the nation’s net-zero and 2030 emissions targets if elected while remaining in the Paris Agreement.
#Nov.13.2025 ×
#oilprice.com. × Norway’s Oil Industry Raises 2026 Investment Forecast | OilPrice.com. Energy operators offshore Norway have raised their 2026 investment forecast for oil and gas activities to $24.8 billion, driven by higher costs in field development, as the country plans a new licensin
#Nov.13.2025 ×
#oilprice.com. × Libya Ships First-Ever Cargo From Long-Stalled Chadar Oil Field | OilPrice.com. Libya’s Zallaf Oil and Gas has shipped the first 600,000-barrel export cargo from the long-delayed Chadar field amid a wave of new discoveries and returning foreign operators.
#Nov.13.2025 ×
#oilprice.com. × India Unveils New Royalties to Supercharge Domestic Critical Minerals | OilPrice.com. India has revamped its royalty regime for critical minerals to spur domestic mining and reduce dependence on Chinese imports.
#Nov.13.2025 ×
#oilprice.com. × TotalEnergies Could Sell Wind and Solar Assets to Reduce Debt | OilPrice.com. TotalEnergies is considering selling wind and solar assets across Asia, including a possible reduction of its Adani Green stake, as part of a broader strategic shift back toward oil and gas and to redu
#Nov.13.2025 ×
#oilprice.com. × Trump Signs Deal to Reopen U.S. Government | OilPrice.com. The end of the historic U.S. government shutdown offers limited support to oil markets as oversupply concerns continue to dominate.
#Nov.12.2025 ×
#oilprice.com. × Crude Oil, Distillates Inventories See Minor Build as Prices Sink | OilPrice.com. The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 1.3 million barrels in the week ending November 7
#Nov.12.2025 ×
#oilprice.com. × Oil Prices Sink 4% as OPEC Moves to Balanced 2026 Outlook | OilPrice.com. Oil prices fell sharply on Wednesday after OPEC said it now expects the global market to be balanced in 2026, abandoning its earlier deficit forecast as non-OPEC production rises and inventories recove
#Nov.12.2025 ×
#oilprice.com. × China Looks to Expand Renewable Energy Use Beyond Electricity | OilPrice.com. China is launching a new plan to use renewable energy for green hydrogen and ammonia production, aiming to reduce solar and wind power curtailment and expand clean energy use beyond the electricity sec
#Nov.12.2025 ×
#oilprice.com. × Oil Prices Plunge 2.5% as OPEC, IEA Outlooks Point to Softer Market | OilPrice.com. Oil prices tumbled over 2.5% as new projections from OPEC and the IEA indicated a more balanced, softer market outlook and political uncertainty in Washington dampened near-term consumption forecasts.
#Nov.12.2025 ×
#oilprice.com. × Chevron’s Five-Year Plan Prioritizes Superior Shareholder Returns | OilPrice.com. Chevron's five-year strategic plan focuses on growing free cash flow and boosting returns to shareholders through cost cuts, synergies from the Hess acquisition, and capital discipline, instead of prio
#Nov.12.2025 ×
#oilprice.com. × India’s Top Refiner Looks to Buy Non-Sanctioned Russian Crude | OilPrice.com. India's top refiner, Indian Oil Corporation, is seeking non-sanctioned Russian crude and looking to replace lost Russian supply with oil from the Americas and West Africa following new U.S. sanctions.
#Nov.12.2025 ×
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