The Texas Alliance of Energy Producers and the Independent Petroleum Association of America (IPAA) have both released statements applauding energy leaders in the U.S. House and Senate in eliminating a costly and harmful EPA rule put into place late last year. SourceContinue Reading
U.S. and UK to Forge New Trade Agreement | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Feb 28, 2025, 4:00 PM CST President Trump indicated a...Continue Reading
Kazakhstan’s Energy Deficit Sparks Nuclear Power Push | 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 28, 2025, 2:00 PM CST Kazakhstan has chosen the village of Ulken,...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 4-rig increase in the week prior. The total rig count rose by 1 rig, to 593, according to Baker Hughes, down 36 from this same...Continue Reading
Petrobras Gears Up for Offshore Boom | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Feb 28, 2025, 11:30 AM CST Petrobras is beefing up its offshore game, throwing four more support...Continue Reading
Oil prices fell by 1% early on Friday as tariff risks and concerns about economic slowdown outweighed sanction risks from the increased U.S. pressure on Iran and Venezuela. As of 10:12 a.m. ET on Friday, the front-month futures of the U.S. benchmark, WTI Crude, were trading down by 1.56% at $69.23. The international benchmark, Brent...Continue Reading
Russia Pushes for Sanctions Relief as Shadow Fleet Comes Under Fire | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Feb 28, 2025, 10:30 AM CST Russia is lobbying hard for the...Continue Reading
Italy’s government on Friday approved a proposal to begin drafting a series of laws that would ultimately lead to Italy’s return to nuclear power generation after more than four decades. Italy halted nuclear reactors after a referendum in 1987 following the Chernobyl disaster a year earlier. In 2011, Italians rejected again the use of nuclear...Continue Reading
Equinor Discusses Sale of Argentinian Shale Assets | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 28, 2025, 9:30 AM CST Norway’s energy major Equinor has held early talks to sell stakes in Argentinian shale operations to Argentina’s state-owned oil firm YPF, its joint venture...Continue Reading
The Prospect of Rising Supply Puts Oil Prices Under Pressure | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Feb 28, 2025, 9:00 AM CST Oil prices remained under pressure on Friday morning, with markets focused on the potential of new...Continue Reading
