Russian Tech Talent Exodus Hinders AI Progress | 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 – Feb 07, 2025, 4:00 PM CST Western sanctions have significantly restricted...Continue Reading

Equinor ASA reined in its renewable-energy ambitions, less than two months after snapping up a $2.3 billion stake in Danish wind giant Orsted A/S. Rivals including BP and Shell are also returning their focus to the core oil and gas business. SourceContinue Reading

Ukraine Buys EU Natural Gas Amid Russian Attacks on Energy Infrastructure | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 07, 2025, 2:00 PM CST Ukraine has turned to buying natural gas from the European Union as Russian attacks on Ukrainian energy infrastructure have reduced...Continue Reading

The March natural gas contract has been on a rollercoaster ride over the past month, driven by several factors, including polar vortex blasts across the Lower 48, trade tensions, rising artificial intelligence-related energy demand under the “Powering Up America” theme, and surging liquefied natural gas (LNG) exports. This heightened volatility reflects how traders are uncertain...Continue Reading

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after a 6-rig increase in the week prior. The total rig count rose by 4 rigs, to 586, according to Baker Hughes, down 37 from this same...Continue Reading

EU Weighing Lifting Syria Sanctions | 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 – Feb 07, 2025, 11:30 AM CST The European Union is currently discussing a deal to partially suspend several sanctions on Syria’s energy industry, including scrapping...Continue Reading

President Donald Trump’s first sanctions against Iran have targeted 3 vessels carrying Iranian crude to China. The sanctions have affected one very-large crude carrier (VLCC) and two Aframaxes that the Treasury Department said helped move Iranian oil to China. They also targeted several entities and individuals across different countries involved in the trade, on behalf...Continue Reading

UK Energy Regulator Backs Controversial Zonal Pricing Idea | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 07, 2025, 10:30 AM CST The UK energy market regulator Ofgem favors the idea of introducing zonal pricing in Britain as the best way to move forward, Ofgem...Continue Reading

Back-Channel Talks and Negotiations Fuel Trump’s Ukraine Peace Push | 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 – Feb 07, 2025, 10:00 AM CST U.S. Special Envoy...Continue Reading

India’s Fuel Demand Increased by 3.2% Year-Over-Year in January | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 07, 2025, 9:30 AM CST Fuel demand in India, the world’s third-largest crude oil importer, increased by 3.2% in January from a year earlier, although consumption was...Continue Reading