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February 27, 2025
Details Emerge on U.S.-Ukraine Minerals Deal | 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 27, 2025, 12:00 PM CST Key Points: No Security Guarantees: The...
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President Donald Trump has announced that 25% tariffs on Canada and Mexico exports to the United States will go into effect on March 4, adding that he will impose an additional 10% tax on Chinese imports in what could be the beginning of trade wars between the U.S. and its biggest trading partners. Trump paused...
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MODEC has entered into a Front-End Engineering and Design (FEED) contract with SAMSUNG E&A for an offshore carbon capture pilot project, selecting Carbon Clean’s modular CycloneCC technology. Source
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Trump’s Foreign Policy Sends Tanker Market Adrift | 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 27, 2025, 11:00 AM CST Major tanker operators like Hafnia, Norden, and Teekay Tankers...
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TWMA* has officially broken ground on its latest facility in Habshan, Abu Dhabi. The milestone marks the beginning of construction for the world’s most advanced, self-sustainable drilling waste management site. Source
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Energy services provider Expro has secured a contract to supply Tubular Running Services (TRS) as part of a major Carbon Capture and Storage (CCS) project in the Netherlands. Source
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Oil prices jumped early on Thursday as concerns about supply with intensified U.S. sanctions on Iran and Venezuela trumped demand woes and the possibility of peace in Ukraine. As of 10:45 a.m, ET on Thursday, the front-month futures contract of the U.S. benchmark, WTI Crude, was up by more than 2%, trading at $70.09 per...
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Italy Plans $3 Billion Aid Package Due to High Energy Prices | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 27, 2025, 9:30 AM CST Italy will announce on Friday measures to support households and small firms most hit by the high energy costs, in...
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Saskatchewan Pre-Approves All Pipelines Through Its Territory | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Feb 27, 2025, 9:00 AM CST Saskatchewan Premier Scott Moe announced all pipeline permits in the province would be considered pre-approved. Alberta is exploring ways to align with Saskatchewan’s policy,...
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Russian Firms Set to Restart Oil Projects in Kurdistan | 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 Related News By Tsvetana Paraskova – Feb 27, 2025, 8:30 AM CST Russian oil companies will soon be able...
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