The agreement grants ADNOC perpetual and exclusive rights to utilize Tubacex’s Sentinel Prime premium tubular joint connection technology, which is critical for completing oil and gas wells while reducing costs and ensuring supply chain resilience. SourceContinue Reading

Norway Bets Big on Offshore Wind | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – May 19, 2025, 7:26 AM CDT Norway announced on Monday a tender for three project areas for floating offshore wind in a highly-anticipated first competition for...Continue Reading

Oil Prices Drop as U.S. Loses Top AAA Rating | 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 – May 19, 2025, 6:59 AM CDT Moody’s downgraded the U.S. credit rating from...Continue Reading

Enrichment Remains Key Sticking Point in U.S.-Iran Negotiations | 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 19, 2025, 6:38 AM CDT The U.S.-Iran talks on a nuclear deal “will...Continue Reading

Germany Shifts Stance on Nuclear Power in EU Policy | 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 19, 2025, 5:00 AM CDT Germany, which has been opposing for years...Continue Reading

EU Set To Spend an Extra €10 Billion on Gas Refill | 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 Related News By Irina Slav – May 19, 2025, 2:55 AM CDT The European Union is facing additional costs...Continue Reading

Goldman Sachs analysts have revised their outlook for global oil demand upwards, now expecting growth of 600,000 barrels daily this year and 400,000 barrels daily in 2026. The bank, however, maintained its oil price forecast at $60 per barrel of Brent crude and $56 per barrel of West Texas Intermediate for this year, Reuters reported,...Continue Reading

China Coal Production Jumps 3.8% in April | 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 Related News By Irina Slav – May 19, 2025, 12:33 AM CDT China produced 3.8% more coal this April than a year ago,...Continue Reading

U.S. Shale Output Nearing Peak as Oil Prices Stagnate | 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 – May 18, 2025, 6:00 PM CDT Low oil prices and economic uncertainty are...Continue Reading