“American energy was on the ballot, and American energy won,” said API executives on a media call prior to Tuesday’s 2025 State of American Energy event. API leaders shared insights into the industry and where they expect it to head under 2025’s incoming Trump administration. SourceContinue Reading
Wind Power Stalls as Coal Holds Strong in EU | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Jan 14, 2025, 5:00 PM CST Last year, the European Union’s wind power generation capacity...Continue Reading
Climate Change and Conflict: Africa’s Renewable Energy Paradox | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Jan 14, 2025, 4:00 PM CST Africa’s urgent need to...Continue Reading
Crude Inventories Continue to Draw as Product Inventories Soar | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Jan 14, 2025, 3:47 PM CST The American Petroleum Institute (API) estimated that crude...Continue Reading
Russia has captured two of Ukraine’s four lithium deposits since it launched its all-out invasion in 2022, potentially depriving Kyiv of a key economic resource. On January 11, Russia claimed to have seized control of Shevchenko, a rural settlement in Ukraine’s eastern Donetsk region. The settlement sits on top of one of Ukraine’s biggest lithium...Continue Reading
Indonesia Energy Corporation (IEC) announced that IEC senior management will hold an investor update conference call on Tuesday, Jan. 21 to provide an update on future drilling and development plans, including a new planned reserve report. SourceContinue Reading
Tachyus has appointed Dr. Jeff Spath as Chairman of the Board to guide the company’s mission to transform reservoir management with AI. Dr. Spath is a former SLB executive and SPE President, and brings 40 years of experience in the energy sector. SourceContinue Reading
Japan Joins Allies in Sanctioning Kazakh Microchip Firm Supplying Russia | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Jan 14, 2025, 2:00 PM CST Japan, the US, and...Continue Reading
(Bloomberg) – Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana continues to grow, the US government said in its first set of forecasts for next year. SourceContinue Reading
Affiliates of Langford Energy Partners (LEP) announced that they have closed on the acquisition of Midland basin assets from Murchison Oil and Gas, LLC. The acquisition includes approx. 8,000 net acres with net production of approx. 7,200 boed. SourceContinue Reading
