Energy Transfer Aims for FID on Lake Charles LNG Project by End-2025 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 07, 2025, 11:30 AM CDT Energy Transfer is targeting a final investment decision on its Lake Charles LNG export project in Louisiana by the...Continue Reading

Zephyr Energy has announced successful initial results from the production test on the State 36-2 LNW-CC-R well at the company’s flagship project in the Paradox basin, Utah. SourceContinue Reading

U.S. Freeport LNG Export Plant Set to Resume Service After Outage | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 07, 2025, 10:30 AM CDT Freeport LNG in Texas is set to take more feedgas on Wednesday in a sign that the U.S. liquefied natural...Continue Reading

ABS issued an approval in principle to SBM Offshore for its near zero FPSO concept. The NearZero FPSO design incorporates low carbon technologies that collectively create a “near zero” Scope 3 carbon emissions profile, achieving up to 80% reduction in GHG emissions. SourceContinue Reading

Due to run for five-years, with a further two one-year extension options, the extension of the existing supply contract means more than 10 UK North Sea assets will continue to benefit from Dräger’s industry leading portable gas detection and breathing apparatus systems. SourceContinue Reading

Crude oil inventories in the United States saw a decrease of 2 million barrels during the week ending May 2, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading down prior to the crude data release by the U.S. Energy Information Administration. On Tuesday, the American...Continue Reading

Slovakia Slams EU Plan to End All Russian Energy Imports by 2027 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – May 07, 2025, 10:00 AM CDT Slovakia’s Prime Minister Robert Fico labeled the EU’s energy phase-out plan as “economic suicide,” warning it would damage the...Continue Reading

Although the deepwater sector may be traversing a few rough spots at present, the general outlook over the next few years remains solidly positive. That’s the theme of comments made by Scott Livingston, NOV’s President of Energy Products and Services, during a session on Day 2 of OTC. SourceContinue Reading

Exxon to Invest $1.5 Billion in Deepwater Oilfields in Nigeria | 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 – May 07, 2025, 9:30 AM CDT U.S. supermajor ExxonMobil plans to invest...Continue Reading

Russia saw its budget revenues from oil and gas drop by 12% in April from a year earlier, due to the oil price rout last month, the Russian finance ministry said on Wednesday. Oil and gas revenues for the Kremlin dipped to $13.45 billion (1.09 trillion Russian rubles) in April, from $15.2 billion (1.23 trillion...Continue Reading