New York Wind Project Revived With Natgas Quid Pro Quo | OilPrice.com Andrew Topf With over two decades of journalistic experience working in newspapers, trade publications and as a mining reporter, Andrew Topf is a seasoned writer specializing in… More Info Premium Content By Andrew Topf – May 21, 2025, 11:00 AM CDT A wind...Continue Reading

Chevron Corp. and local authorities in Angola are searching for a missing worker after a fire broke out on a deepwater oil platform. The fire occurred while the platform was undergoing scheduled maintenance, injuring 17 people, including four who suffered severe injuries. SourceContinue Reading

SSE Cuts Renewables Spending in Blow to UK’s Green Goals | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 21, 2025, 10:30 AM CDT SSE, a major energy company and renewable projects developer in the UK, is reducing spending on renewables in its five-year plan...Continue Reading

DOF Group ASA has secured four long-term charter and service contract awards with Petrobras in Brazil following a competitive tender process. The combined value of the contracts is approximately $480 million USD.  SourceContinue Reading

Crude oil inventories in the United States saw an increase of 1.3 million barrels during the week ending May 16, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading up prior to the crude data release by the U.S. Energy Information Administration. On Tuesday, the American...Continue Reading

Oil Giant Rosneft Buys Russia’s Biggest Rare Earths Deposit | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 21, 2025, 9:30 AM CDT Russia’s top oil producer, state-controlled Rosneft, has acquired the company that holds the license to operate and develop a giant rare earths...Continue Reading

India is on track to import nearly 1.8 million barrels per day (bpd) of crude oil from Russia in May, which would be a 10-month high, according to vessel-tracking data by Kpler. Indian refiners have increased buying activity for lighter Russian grades, such as ESPO, showed the Kpler data cited by Reuters. The strong Indian...Continue Reading

Solar Power Set to Surpass Nuclear Generation This Summer | 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 21, 2025, 8:30 AM CDT This summer, solar power generation globally could...Continue Reading

Turkey Announces Major Shale Oil Reserve Discovery | 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 21, 2025, 7:30 AM CDT Continental Resources, the U.S. shale producer, has estimated that...Continue Reading

CATL Predicts Major Shift to Electric Trucks in China | 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 21, 2025, 6:23 AM CDT Half of China’s truck sales are set...Continue Reading