India’s largest explorer Oil and Natural Gas Corp. is seeking to diversify its portfolio to shield its core business from volatile oil prices, said Arunangshu Sarkar, director for strategy at the state-run giant. SourceContinue Reading

Dutch Lawmakers Consider Debt Hike to Offset Energy Costs | OilPrice.com Cyril Widdershoven Dr. Cyril Widdershoven is a long-time observer of the global energy market. Presently he works as Director of Energy Security and Supply Chains, at Strategy… More Info Premium Content By Cyril Widdershoven – Mar 25, 2025, 12:00 PM CDT Dutch lawmakers are...Continue Reading

China’s Purchases Stall After Trump’s Tariff Threat on Buyers of Venezuelan Oil | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 25, 2025, 11:30 AM CDT China, the biggest buyer of oil from Venezuela, saw trade with Venezuela stall on Tuesday after U.S. President Donald...Continue Reading

Trump’s Tariffs on Venezuelan Crude Spark Bullish Sentiment in Oil Markets | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Mar 25, 2025, 11:00 AM CDT Trump’s decision to place sanctions on any country buying Venezuela’s oil has sparked some bullishness...Continue Reading

Shell Flags Uncertain Outcome of $1.6-Billion Russian Court Claim | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 25, 2025, 10:30 AM CDT The outcome of a Russian claim against Shell for alleged unpaid natural gas deliveries is uncertain, the supermajor said on Tuesday, adding...Continue Reading

Kent will provide strategic advisory and engineering services for the UK government’s Department for Energy Security & Net Zero (DESNZ) ENZPS Framework, as part of a framework agreement valued at up to £250 million (approx. $324 million USD). SourceContinue Reading

The North Sea Transition Authority raised its forecasts for investment and production in the coming years after 2024 figures were higher than expected. The NSTA said capex totaled £5.95 billion ($7.7 billion) last year, more than 50% above an October projection. SourceContinue Reading

So much for the “sunset industry” narrative. Britain’s North Sea oil and gas sector just pulled a fast one on the doomsters. The UK’s North Sea Transition Authority (NSTA) says 2024 investment came in at nearly £6 billion—more than 50% above what it predicted last fall. And while 2025 spending is expected to cool a...Continue Reading

Tullow Oil will pump as much as it can from mature assets in West Africa this year as part of plans to bring debt below $1 billion. “In the year ahead, our priorities are to progress our refinancing plan and optimize our production activities,” Tullow said in a statement. SourceContinue Reading

Enteq Technologies has successfully completed its latest round of trials for The SABER Tool, its next-generation Rotary Steerable System (RSS) technology, at the Catoosa Test Facility. The testing phase reinforces the tool’s potential as a more reliable, lower-cost RSS for downhole environments. SourceContinue Reading