In a highly anticipated presentation, BP CEO Murray Auchincloss reversed a plan to shrink oil and gas production and cut investments in low-carbon energy, but also slashed the quarterly share buyback, dimming the appeal to investors. SourceContinue Reading

Vermilion Energy Inc. has closed its previously announced acquisition of Westbrick Energy Ltd. The acquisition adds stable annual production of 50,000 boed (75% gas, 25% liquids) and approximately 770,000 net acres in Alberta’s Deep Basin. SourceContinue Reading

Can Donald Trump Resurrect Keystone XL? | OilPrice.com Andrew Topf With over two decades of journalistic experience working in newspapers, trade publications and as a mining reporter, Andrew Topf is a seasoned writer specializing in… More Info Premium Content By Andrew Topf – Feb 26, 2025, 5:00 PM CST Trump: “We want the Keystone XL...Continue Reading

In a highly anticipated presentation, BP CEO Murray Auchincloss reversed a plan to shrink oil and gas production and cut investments in low-carbon energy, but also slashed the quarterly share buyback, dimming the appeal to investors. SourceContinue Reading

American Petroleum Institute (API) President and CEO Mike Sommers addressed the Economic Club of Pittsburgh where he discussed rising electricity demand driven by the AI revolution and detailed policy solutions for the Trump administration and new Congress to power America’s energy future. SourceContinue Reading

Fusion Technology to Revolutionize Geothermal Power | 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 – Feb 26, 2025, 4:00 PM CST Geothermal energy has the potential to...Continue Reading

U.S. President Donald Trump said he plans to revoke an oil license to operate in Venezuela, citing the country’s failure to take back migrants to the U.S. as quickly as it promised. Under the terms of the license, Chevron would have to exit Venezuela by the end of July. SourceContinue Reading

Europe Weighs Options Beyond U.S. Amidst Global Uncertainty | 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 26, 2025, 3:00 PM CST Widening differences between the...Continue Reading

TDI-Brooks has effectively and safely carried out a third-party geotechnical coring project for Geohidra. This operation was conducted from the Dragon Field to the Hibiscus platform off the coast of Venezuela and Trinidad, aboard the Dona Jose II (DJII). SourceContinue Reading

Germany’s Election and the Shifting Sands of European Security | 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 – Feb 26, 2025, 2:00 PM CST Friedrich Merz and the CDU’s...Continue Reading