Fiber-Optic Drones: Russia’s New Weapon in Ukraine War | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Jan 10, 2025, 2:00 PM CST Russia is using fiber-optic...Continue Reading

TotalEnergies Begins Work On Delayed $27B Energy Project In Iraq | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Jan 10, 2025, 1:30 PM CST French oil and gas company TotalEnergies (NYSE:TTE) has begun building a gas processing facility...Continue Reading

China and India Stand To Lose From U.S. Sanctions on Russian Oil Trade | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Jan 10, 2025, 1:00 PM CST The United States is set to impose some of the harshest...Continue Reading

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, after seeing no change in the four weeks prior. The total rig count fell by five rigs, to 584 according to Baker Hughes, down 35 from this...Continue Reading

Constellation and Calpine Corp. today announced they have entered into a definitive agreement under which Constellation will acquire Calpine in a cash and stock transaction valued at an equity purchase price of approximately $16.4 billion. SourceContinue Reading

India’s Refiners Brace For Major Disruption to Russian Oil Supply | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 10, 2025, 11:30 AM CST Indian refiners expect their supply of cheaper Russian crude to be severely crippled with imminent U.S. sanctions expected to be slapped...Continue Reading

Shell and Chevron announced the start of oil production from the Whale semisubmersible platform in the deepwater U.S. Gulf of Mexico. Chevron owns 40% working interest in Whale, with Shell owning 60% interest as operator. Estimated peak production from the Whale development is 100,000 gross boed. SourceContinue Reading

OMV Set to Supply Romanian Gas to Germany From 2027 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 10, 2025, 10:30 AM CST The Romanian business of Austria’s energy giant OMV has reached an agreement with German firm Uniper to supply natural gas to...Continue Reading

Oil Prices Skyrocket 4.5% as U.S. Targets Russian Tankers | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jan 10, 2025, 10:00 AM CST New US sanctions targeting Russian oil tankers and maritime insurance providers have caused oil prices to surge to a...Continue Reading

Subsea 7 has secured a contract with Equinor for a front-end engineering and design (FEED) study with EPCI option for the Fram Sør development project, offshore Norway. SourceContinue Reading