Flotek has acquired power generation assets and related intellectual property from ProFrac GDM, a subsidiary of ProFrac, for $105 million. Flotek concurrently entered into an agreement for a six-year dry lease of the acquired assets with ProFrac GDM. SourceContinue Reading

Russia’s oil producers have been drilling wells at a pace not seen in at least five years as the nation readies for both a loosening of OPEC+ output limits and the possibility of relief from some international sanctions over its invasion of Ukraine.  SourceContinue Reading

Cheap Crude Tests U.S. Shale’s Breaking Point | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Apr 28, 2025, 5:00 PM CDT U.S. shale drilling is slowing due to weaker oil prices and...Continue Reading

Suriname’s Oil Industry Poised for Significant Growth | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Apr 28, 2025, 4:00 PM CDT Suriname is experiencing renewed optimism...Continue Reading

Tensions Rise Between India and Pakistan | 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 – Apr 28, 2025, 3:00 PM CDT A deadly attack in Kashmir has...Continue Reading

Oil Prices Down Nearly 2% on Demand, Iran, Tariffs | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 28, 2025, 2:00 PM CDT Oil prices were trading down 2% intraday, driven by ongoing demand fears combined with perceived progress on Iran nuclear talks and tariff...Continue Reading

Tariff Wars Impact Copper Prices and Market Stability | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Apr 28, 2025, 2:00 PM CDT Global copper prices have...Continue Reading

Drillers in Canada’s Alberta energy region are shifting their focus to natural gas as the global trade war and OPEC+ output increase hammers crude prices. The number of licenses for new gas wells issued in Q1 rose 26%, according to Alberta Energy Regulator data. SourceContinue Reading

Woodside Energy Group Ltd. is in talks with the overseas unit of Kuwait Petroleum Corp. for selling a stake in its proposed liquefied natural gas export project in the U.S., according to people with knowledge of the matter. SourceContinue Reading

Ever since oil and gas majors announced massive hydrocarbon discoveries in Namibia’s offshore Orange Basin, interest in additional exploration in has been intense. Will negotiations stall, as we’re seeing all too often in African nations, or will the process move forward smoothly? SourceContinue Reading