Indonesia’s State Oil Firm Considers Importing U.S. Fuel | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 26, 2025, 11:30 AM CDT Pertamina, the state oil and gas firm of Indonesia, is considering importing oil products from the United States amid the trade and tariff...Continue Reading

Trump: Puitin Has Gone “Absolutely Crazy” | 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 – May 26, 2025, 11:00 AM CDT Russia launched a record number of...Continue Reading

The release of the second edition of API Std 20S strengthens the previous edition’s requirements, incorporating the latest industry practices, clearer non-destructive testing guidance and expanded tools for inspection and process control. SourceContinue Reading

Think Tank: India Could Become Clean Energy Powerhouse | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 26, 2025, 10:30 AM CDT India is set to see a surge in power demand and renewable energy build-out in the coming years and decades and assert itself...Continue Reading

Chinese EV Makers Slash Prices as Competition Heats Up | 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 – May 26, 2025, 10:00 AM CDT BYD and other...Continue Reading

A boom in sales of drilling rights in western Canada’s oil heartland of Alberta is fading as U.S. President Donald Trump’s trade war and OPEC+ production increases hammer crude prices. SourceContinue Reading

Europe’s benchmark natural gas prices rose early on Monday following an unplanned cut to capacity of the giant Troll gas field in Norway, the single largest supplier of gas to Europe.  Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, jumped by 2.2% at trade open in Amsterdam on Monday, before easing some...Continue Reading

Brent traded below $65 a barrel, erasing earlier gains. U.S. President Donald Trump extended the deadline for higher tariffs on the EU, triggering global relief. But crude prices remain under pressure as OPEC and its allies consider another bumper output hike. SourceContinue Reading

Oil production has started from the fourth development phase of the Mero field off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos basin. The field is operated by Petrobras (38.6%), with TotalEnergies and Shell Brasil each holding 19.3% working interest.  SourceContinue Reading

Saudi Arabia and Kuwait Announce New Oil 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 26, 2025, 8:00 AM CDT Saudi Arabia and Kuwait have announced a new...Continue Reading