Oil and Gas Industry Bets on Low-Cost Quick-Pay Exploration | 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 – Apr 09, 2025, 5:00 PM CDT Oil and gas firms are focusing on...Continue Reading

Most US biofuel production numbers are clearly on track to end the first quarter of this year in negative territory either on a quarter-over-quarter or year-over-year basis, Rystad Energy analysis suggests. The US Environmental Protection Agency (EPA) published the updated statistics for the Renewable Fuel Standard (RFS) program on 20 March covering the supply, trade...Continue Reading

Geothermal Energy Poised for Significant Growth in the US | 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 – Apr 09, 2025, 3:00 PM CDT The geothermal energy...Continue Reading

OSI Renewables, part of the Oil States portfolio, has launched GeoLok™, a high-temperature geothermal wellhead with an integrated tensioning system. The technology improves geothermal well integrity, reduces operational costs and enhances geothermal energy production. SourceContinue Reading

SBM Offshore has signed a sale and leaseback financing agreement for FPSO Cidade de Paraty for $400 million (USD) with a tenor of 8 years. Under the agreement, the special purpose company will transfer ownership to four Chinese leasing companies. SourceContinue Reading

American Refiners To Refrain From Investing Amid Uncertainty | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 09, 2025, 2:00 PM CDT Reuters reports that U.S. refiners will refrain from making any substantial investments in expanding domestic crude processing or reducing reliance on Canada and...Continue Reading

China has succeeded in muscling aside Russia as Central Asia’s top trade partner. Now, Beijing appears intent on capturing a share of the regional arms market. Until very recently, China was a non-factor as an arms supplier to Central Asian states. For most of the post-Soviet era, Russia dominated the regional arms market, especially sales...Continue Reading

APTIM and joint venture partner BWX Technologies, Inc. have been awarded a $1.4 billion contract by the US Department of Energy (DOE) to manage and operate the Strategic Petroleum Reserve (SPR), as well as its associated facilities and systems in Louisiana and Texas. SourceContinue Reading

U.S. automakers rallied today, with General Motors up 5.7%, Ford gaining 5.6%, and Stellantis soaring 11.9%, despite tariffs threatening higher production costs across their North American supply chains. Tesla outperformed, jumping 14.1%, buoyed by its U.S.-based assembly, which shields it from import tariffs, though its shares remain 40% below their post-Trump inauguration peak. These gains...Continue Reading

Investors Flee Treasuries As Liquidity Squeezes Markets | 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 – Apr 09, 2025, 1:00 PM CDT Long-yield US Treasury yields briefly...Continue Reading