#oilprice.com. × China Hikes Russian Crude Imports as India Retreats | OilPrice.com. China has dramatically increased its crude oil imports from Russia to an all-time high, more than compensating for the Indian refiners' withdrawal from the market following pressure and a trade deal wi
#Feb.20.2026 ×
#oilprice.com. × U.S.-Iran Tensions Threaten to Send Oil Tanker Rates Soaring | OilPrice.com. Rising tensions between the United States and Iran, combined with a major vessel buying spree and supply shifts, are pushing supertanker freight rates to their highest levels since 2019.
#Feb.20.2026 ×
#oilprice.com. × Tullow Oil Strikes Major Refinancing Deal with Glencore | OilPrice.com. Tullow Oil has secured a major refinancing agreement with Glencore and senior noteholders, extending debt maturities by over two years and providing a more stable financial platform.
#Feb.20.2026 ×
#oilprice.com. × AI Boom Faces Power Crisis Without Global Renewable Surge | OilPrice.com. The global AI and data center boom requires a massive acceleration of renewable energy rollout and grid investment, or millions of people face a future of energy poverty as power bills jump.
#Feb.20.2026 ×
#oilprice.com. × Hungary Taps Strategic Oil Reserves After Druzhba Pipeline Halt | OilPrice.com. Hungary is releasing 250,000 tons of crude oil from its strategic reserves to safeguard domestic supply after Russian flows through the Druzhba pipeline were halted, escalating tensions with Ukraine an
#Feb.20.2026 ×
#oilprice.com. × Saudi Oil Exports to India Surge to Highest Level Since 2020 | OilPrice.com. Saudi Arabia is boosting crude exports to India to their strongest level in four years as Russian shipments decline under mounting geopolitical pressure.
#Feb.20.2026 ×
#oilprice.com. × Shell Moves Ahead With Venezuela Gas Project After U.S. Sanctions Relief | OilPrice.com. Shell is advancing its Dragon offshore gas project in Venezuela after new U.S. licenses permitted limited energy development under sanctions.
#Feb.20.2026 ×
#oilprice.com. × Oil Prices Head for First Weekly Gain Since January on Iran Tensions | OilPrice.com. Oil prices are heading for their first weekly gain in four weeks as escalating U.S.-Iran tensions, stalled Russia-Ukraine talks, and tightening physical markets bolster supply risk concerns.
#Feb.20.2026 ×
#oilprice.com. × Bulgaria's Lukoil Refinery Slashes Costs By $8 Million | OilPrice.com. Bulgaria’s Lukoil Neftohim Burgas refinery saved $8 million in two months and stabilized its finances after dropping its Swiss trading intermediary Litasco SA and initiating cost-saving measures amid U
#Feb.19.2026 ×
#oilprice.com. × Cenovus Energy Q4 Earnings Skyrocket on Record Production | OilPrice.com. Cenovus Energy's fourth-quarter net earnings soared to US$683 million, driven by record upstream production of 917,900 barrels of oil equivalent per day and the successful integration of its MEG Energy
#Feb.19.2026 ×
#oilprice.com. × Hungary Weighs Cutting Power and Gas Shipments to Ukraine | OilPrice.com. Hungary is considering cutting power and natural gas deliveries to Ukraine as pressure mounts on Kyiv to hasten repairs to the Russian-oil-carrying Druzhba pipeline.
#Feb.19.2026 ×
#oilprice.com. × Oil Demand Slumped by 614,000 Bpd in December on U.S. Decline | OilPrice.com. Global oil demand fell by 614,000 barrels per day in December, primarily due to lower U.S. demand, even as oil production surged by 2 million bpd compared to the previous year.
#Feb.19.2026 ×
#oilprice.com. × Trump Admin Threatens To Withdraw From IEA Over Net Zero Agenda | OilPrice.com. U.S. Energy Secretary Chris Wright has issued a one-year deadline for the International Energy Agency to abandon its net-zero emissions agenda, threatening U.S. withdrawal while simultaneously cutting
#Feb.19.2026 ×
#oilprice.com. × Turkey Opposes Greece-Chevron Exploration Deal Offshore Crete | OilPrice.com. Turkey condemned Greece's signing of four lease contracts with a Chevron-led consortium for oil and gas exploration blocks offshore southern Crete and the Peloponnese.
#Feb.19.2026 ×
#oilprice.com. × Spain's Repsol Reveals Massive $5.4 Billion Debt From Venezuela | OilPrice.com. Spain's Repsol disclosed in its annual report that Venezuela owes the energy major nearly $5.4 billion for oil and gas supplies, interest arrears, and financing for joint ventures.
#Feb.19.2026 ×
#oilprice.com. × Nigeria to Channel All Oil Proceeds to Boost Federal Finances | OilPrice.com. Nigerian President Bola Ahmed Tinubu has issued an executive order to channel all oil and gas proceeds into a single Federation Account to strengthen the central government budget and ensure transparen
#Feb.19.2026 ×
#oilprice.com. × India Considers Boosting Imports of U.S. Oil and Coal | OilPrice.com. India is considering increasing imports of U.S. crude oil and coking coal under its interim trade deal with Washington as it seeks to diversify supply and ease geopolitical pressure tied to Russian ene
#Feb.19.2026 ×
#oilprice.com. × U.S. to Redirect Venezuelan Oil Royalties Into a Treasury-Controlled Fund | OilPrice.com. The U.S. Treasury has introduced a new licensing and tax framework allowing oil production in Venezuela while routing royalties and federal taxes into a U.S.-managed fund instead of directly to Caracas
#Feb.19.2026 ×
#oilprice.com. × California Leads 13 States in Lawsuit Over Canceled Clean Energy Funds | OilPrice.com. A coalition of 13 states led by California is suing the federal government for canceling billions of dollars in congressionally approved clean energy funding, arguing the move violates constitutional s
#Feb.19.2026 ×
#oilprice.com. × U.S. Crude Oil Inventories Plunge Following Massive Build | OilPrice.com. U.S. crude oil, gasoline, and distillate inventories all saw notable draws in the latest reporting period, contributing to a rise in Brent and WTI crude oil prices.
#Feb.18.2026 ×
#oilprice.com. × Iran Leans on Russia to Develop Oilfields | OilPrice.com. Iran and Russia are expanding their economic and energy cooperation, including the joint development of seven Iranian oil fields and a new $25 billion nuclear power plant deal, despite increased pressu
#Feb.18.2026 ×
#oilprice.com. × Libya Awards Fuel Supply Deals To Western Firms, Aims To Cut Russian Imports | OilPrice.com. Libya is cutting Russian fuel imports by awarding supply deals to major Western firms while aggressively rebooting its oil and gas sector with multi-billion dollar deals and production targets to reass
#Feb.18.2026 ×
#oilprice.com. × Ovintiv To Sell Anadarko Energy Assets In $3 Billion Deal | OilPrice.com. Ovintiv Inc. has agreed to sell its Oil & Gas assets in the Anadarko Basin for $3 billion in cash to streamline its portfolio, pay down debt, and concentrate on its Permian and Montney holdings.
#Feb.18.2026 ×
#oilprice.com. × U.S. Attacks Alleged Drug Boats as Venezuela Oil Crackdown Escalates | OilPrice.com. The United States military conducted fatal strikes on alleged drug boats while simultaneously enforcing a global quarantine on tankers carrying sanctioned crude oil from Venezuela.
#Feb.18.2026 ×
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