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February 10, 2025
The Energy Workforce & Technology Council has released its monthly jobs report, analyzing employment trends within the U.S. energy services sector for January 2025. Source
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Petro-Victory Energy has signed a sales & purchase agreement (SPA) in 50/50 partnership with Azevedo & Travassos Petroleo (ATO) for 13 oil fields located in the Potiguar Basin, onshore Brazil, from seller Brava Energia. Source
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INEOS has selected ITT’s Svanehøj to supply CO₂ pumps for the onshore facility and the first LCO₂ carrier for Project Greensand in the Danish North Sea. The significant order further strengthens Svanehøj’s position in carbon capture and storage (CCS). Source
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Why Tesla Sales are Plummeting | OilPrice.com Premium Content By Ruby Wexford – Feb 10, 2025, 12:00 PM CST Tesla’s 2024 deliveries have dropped by double digits, indicating a loss of momentum in the electric vehicle market. There’s growing evidence that Elon Musk’s actions and public persona have deterred potential Tesla buyers. Despite overall EV...
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Russia’s Crude Output Dips Below OPEC+ Target | 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 10, 2025, 11:30 AM CST Russia’s crude output fell to 8.962 million barrels a day in January, 16,000 barrels a day below...
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Transdniestria, a breakaway pro-Russian region of Ukraine’s neighbour Moldova, has agreed on a deal with a Hungarian company to buy natural gas under a loan provided by Russia. Transdniestrian leader Vadim Krasnoselsky revealed in Telegram that the delivery of gas “was made possible by Russian credit and functional support,” though he did not provide further...
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Europe’s Oil Demand Could Rise As Natural Gas Soars to $100 A Barrel Equivalent | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 10, 2025, 10:30 AM CST Amid cold winter weather and fast-depleting inventories, Europe’s natural gas prices jumped on Monday to a two-year...
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Net Zero Dreams Meet Energy Affordability Reality | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Feb 10, 2025, 10:00 AM CST Net zero ambitions have received pushback from the public...
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India Set to Launch New Oil and Gas Bid Rounds | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 10, 2025, 9:30 AM CST India plans to launch new oil and gas licensing rounds as early as this week, Oil Minister Hardeep Puri said on...
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Estonia, Latvia, and Lithuania, the three Baltic States that were former Soviet Union republics, on Sunday definitively unplugged their electricity systems from the Russian grid and joined the EU continental power grid. EU member states Estonia, Latvia, and Lithuania are now fully independent from the Russian and Belarussian electricity systems, after successfully integrating into the...
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