The American Petroleum Institute today joined with the states of Alabama, Alaska, Georgia, Louisiana and Mississippi in filing a challenge to the Biden administration’s ban on new oil and natural gas leasing across millions of acres of federal waters. SourceContinue Reading

State-connected energy and mining companies dominate the list of top tax-paying enterprises in Uzbekistan, according to data released January 15 by the country’s State Tax Committee. Overall, the government collected roughly 123.3 trillion Uzbek soums (about $9.5 billion) in corporate tax revenue from 949 major taxpayers in 2024, the committee reported. The top 10 highest...Continue Reading

Tehran and Moscow Forge 20-Year Strategic Partnership | 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 17, 2025, 2:00 PM CST Russia and Iran signed a...Continue Reading

TXO Partners, a limited partnership focused on the acquisition and development of conventional oil and natural gas in the U.S., has identified an overall natural gas resource potential of 3 TCFE across 58,500 acres in the Mancos shale region of the San Juan basin. SourceContinue Reading

(Bloomberg) – The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum Reserve, a bid to lock in land protections and conservation requirements days before President-elect Donald Trump takes office. SourceContinue Reading

Petrobras Refinery Output Hit Record High In 2024 | 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 17, 2025, 12:30 PM CST Brazil’s state-owned oil and gas multinational Petróleo Brasileiro S.A. (NYSE:PBR), aka Petrobras, saw output from its...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 a 5-rig drop in the week prior. The total rig count fell by four rigs, to 580, according to Baker Hughes, down 40 from this same...Continue Reading

EU, Mexico Sign Trade Deal Ahead Of Trump Inauguration | 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 17, 2025, 11:30 AM CST The European Union and Mexico have agreed to a revamped free-trade agreement days before Trump...Continue Reading

BP Slashes Jobs, Bolsters Oil & Gas Operations | OilPrice.com Andrew Topf With over a decade of journalistic experience working in newspapers, trade publications and as a mining reporter, Andrew Topf is a seasoned business writer. Andrew also… More Info Premium Content By Andrew Topf – Jan 17, 2025, 11:00 AM CST British oil major BP...Continue Reading

Fire at Huge California Battery Storage Plant Forces Evacuations | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 17, 2025, 10:30 AM CST A fire at the Vistra battery storage plant in California, one of the largest in the world, has prompted evacuations for hundreds...Continue Reading