#oilprice.com. × Fire at Huge California Battery Storage Plant Forces Evacuations | OilPrice.com. A fire erupted at the Vistra battery storage plant in California, prompting evacuations and raising concerns about large-scale battery safety.
#Jan.17.2025 ×
#oilprice.com. × Italy’s Natural Gas Demand Slumps to 15-Year Low | OilPrice.com. Italian natural gas consumption fell by 2.5% in 2024 to its lowest level in 15 years due to high prices and increased energy efficiency.
#Jan.17.2025 ×
#oilprice.com. × Russia’s Fuel Shipments Slumped by 9% in 2024 | OilPrice.com. Russia's seaborne exports of refined oil products fell by 9.1% in 2024 due to drone attacks on refineries, export bans, and low processing rates.
#Jan.17.2025 ×
#oilprice.com. × SLB Raises Dividend as Q4 Earnings Beat Estimates | OilPrice.com. SLB reported strong Q4 earnings and increased its dividend, buoyed by international activity and a rebound in North American sales.
#Jan.17.2025 ×
#oilprice.com. × China’s Refining Output Dips for First Time in Over Two Decades | OilPrice.com. China's oil demand and refinery throughput declined in 2024 for the first time in decades, driven by a shift towards electric vehicles and LNG trucks.
#Jan.17.2025 ×
#oilprice.com. × International Diesel Prices Surge After U.S. Sanctions on Russia | OilPrice.com. US sanctions on Russian oil companies and cold weather are driving up diesel prices globally.
#Jan.17.2025 ×
#oilprice.com. × India Replaces Russian Oil With Mideast and African Barrels | OilPrice.com. Indian Oil Corp is buying Middle Eastern and African crude to replace Russian volumes affected by U.S. sanctions.
#Jan.17.2025 ×
#oilprice.com. × Oil Prices Are Set to Extend Their String of Weekly Gains | OilPrice.com. Crude oil prices are expected to rise for a third week in a row due to US sanctions on Russia, positive economic data from China, and potential US interest rate cuts.
#Jan.17.2025 ×
#oilprice.com. × Rio Tinto and Glencore Discussed a Merger in 2024 | OilPrice.com. Rio Tinto and Glencore reportedly discussed a potential merger, but talks stalled likely due to Glencore's thermal coal business.
#Jan.17.2025 ×
#oilprice.com. × EU Considering Lifting Sanctions On Syrian Oil & Gas | OilPrice.com. The European Union is considering lifting wide-ranging sanctions on Syria, including restrictions on the country’s oil and gas sector following the ouster of former Syrian President Bashar al-Assad a m
#Jan.16.2025 ×
#oilprice.com. × Oil Falls After Gaza Ceasefire Deal | OilPrice.com. Oil prices retreated in Thursday’s trading after Israel and Hamas reached a Gaza ceasefire and hostage release deal following 15 months of war.
#Jan.16.2025 ×
#oilprice.com. × TotalEnergies Expects Better LNG Trading in Q4 | OilPrice.com. TotalEnergies expects to report stronger fourth-quarter earnings than other oil majors, driven by strong LNG production and trading.
#Jan.16.2025 ×
#oilprice.com. × Biden Administration Offers $23 Billion Conditional Loans to Utilities | OilPrice.com. The US Department of Energy awarded $23 billion in loans to utilities for clean energy projects before the end of the prior administration.
#Jan.16.2025 ×
#oilprice.com. × China Extends Its Lead Over India as the World’s Biggest Importer of Coal | OilPrice.com. China's coal imports surged in 2024 while India's fell, widening the gap between the world's top two coal consumers.
#Jan.16.2025 ×
#oilprice.com. × BP to Cut Thousands of Jobs to Reduce Costs | OilPrice.com. BP is cutting around 7,700 jobs (5% of its workforce) to reduce costs and improve its financial performance for investors.
#Jan.16.2025 ×
#oilprice.com. × South Korea Looks to Import More U.S. Oil and Gas Under Trump | OilPrice.com. South Korea is exploring increased imports of oil and natural gas from the U.S. to diversify its energy sources and reduce its growing trade surplus with America.
#Jan.16.2025 ×
#oilprice.com. × Canada Drafts a $105 Billion Response to Trump Tariffs | OilPrice.com. Canada is preparing to impose tariffs on US goods worth billions of dollars if the US enacts similar measures on Canadian imports.
#Jan.16.2025 ×
#oilprice.com. × Court Dismisses NYC Lawsuit Against Big Oil | OilPrice.com. A New York Supreme Court judge dismissed a lawsuit by New York City against Exxon, BP, and Shell alleging they misled the public about climate change.
#Jan.16.2025 ×
#oilprice.com. × China Set to Ramp Up Energy Grid Investment | OilPrice.com. China is significantly increasing investment in grid expansion to reduce wasted wind and solar power generation.
#Jan.16.2025 ×
#oilprice.com. × Alberta Vows Fight Against Federal Oil Export Curbs | OilPrice.com. Canada's oil province, Alberta, opposes the federal government's plan to restrict oil exports in response to a potential US tariff on Canadian goods.
#Jan.16.2025 ×
#oilprice.com. × Brussels Aims at Russian LNG and Aluminum | OilPrice.com. While Western sanctions have targeted Russia's economy and military production, loopholes have allowed Moscow to largely circumvent them
#Jan.15.2025 ×
#oilprice.com. × Sweden Starts Building 100,000-Year Nuclear Waste Repository | OilPrice.com. Sweden has commenced construction of a final storage facility for spent nuclear fuel, where highly radioactive waste will be stored for 100,000 years.
#Jan.15.2025 ×
#oilprice.com. × OPEC Projects Robust Oil Demand Growth For 2025 And 2026 | OilPrice.com. OPEC has reiterated its earlier forecast that global oil demand will expand at a robust clip at 1.4 mb/d in 2025, largely driven by strong non-OECD growth
#Jan.15.2025 ×
#oilprice.com. × India Races to Settle Payments for Russian Oil Before U.S. Sanctions Bite | OilPrice.com. Indian refiners are aiming to settle payments for Russian oil much faster to avoid complications from US sanctions.
#Jan.15.2025 ×
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