#oilprice.com. × Enbridge Moves to Rewrite North America’s Heavy-Crude Map | OilPrice.com. Enbridge has approved a $1.4 billion expansion across its Mainline and Flanagan South systems that will push more Canadian heavy crude into the U.S. Midwest and down to the Gulf Coast
#Nov.14.2025 ×
#oilprice.com. × India’s Refiners Turn to the U.S. in Break from the Gulf | OilPrice.com. India’s state-run refiners have locked in their first-ever long-term deal to import U.S. liquefied petroleum gas (LPG), awarding tenders to Chevron, Phillips 66, and TotalEnergies Trading for delivery
#Nov.14.2025 ×
#oilprice.com. × Iran Seizes Oil Tanker in Gulf of Oman | OilPrice.com. Iran seized the Marshall Islands-flagged oil tanker Talara in the Gulf of Oman, marking the first major escalation in the region since the Iran-Israel war in June and renewing fears of disruption to th
#Nov.14.2025 ×
#oilprice.com. × Germany Slashes Capacity to Tender for New Gas Plants | OilPrice.com. Germany’s ruling coalition has slashed in half the capacity of new natural gas-fired power plants it aims to tender by 2032 in a significant scale-down from the previously planned 20 GW of new gas capa
#Nov.14.2025 ×
#oilprice.com. × Ukraine Intensifies Campaign Targeting Russia's Vital Oil Lifeline | OilPrice.com. Russia's key Black Sea port of Novorossiysk suspended oil and wheat exports after a major Ukrainian drone attack, causing global crude prices to jump on supply disruption fears.
#Nov.14.2025 ×
#oilprice.com. × Unusual Weather Drives China's Biggest Power Spike in Two Years | OilPrice.com. China's electricity output soared by the most in nearly two years, hitting an October record high due to a late heat wave and early heating demand that was primarily met by a jump in thermal coal power
#Nov.14.2025 ×
#oilprice.com. × Canada and India to Partner in Critical Minerals Supply Chain | OilPrice.com. Canada and India have pledged to encourage long-term supply chain partnerships in critical minerals and clean energy to counter the effects of recent difficult trade negotiations and tariffs with the U
#Nov.14.2025 ×
#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 ×
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