Geospace Technologies Corporation have secured a Permanent Reservoir Monitoring contract award for Mero Fields 3 and 4 from Petrobras. The contract encompasses the supply and installation of nearly 500km of the OptoSeis® Permanent Reservoir Monitoring (PRM) system. SourceContinue Reading

Oil Surges over 3% As Israel Strikes Iran’s Natanz Enrichment Facility | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 17, 2025, 11:16 AM CDT Brent crude spiked over 2.5% on Tuesday after Israel launched an airstrike on Iran’s underground uranium enrichment facility at Natanz,...Continue Reading

Diesel Emerges as Key Winner Amid Middle East Tensions | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Jun 17, 2025, 11:00 AM CDT Oil rallied almost 3% on Tuesday morning as tensions in the...Continue Reading

TotalEnergies, jointly with QatarEnergy, has been awarded the Ahara license following the “Algeria Bid Round 2024”, launched by The National Agency for the Valorization of Hydrocarbon Resources (ALNAFT), the first call for tender conducted under the hydrocarbon law No.19-13. SourceContinue Reading

Angola’s Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, recently met with U.S. Secretary of Energy Chris Wright in Washington, D.C. to advance strategic cooperation and expand U.S. investment across oil, gas, critical minerals and renewable energy. SourceContinue Reading

The American Petroleum Institute has joined more than 100 other energy trade groups and organizations in urging the Department of the Interior to develop a new five-year offshore leasing program that fully leverages the U.S. Outer Continental Shelf. SourceContinue Reading

PetroChina Looks to De-Risk LNG Trades with North American Supply | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 17, 2025, 10:30 AM CDT PetroChina’s trading arm is looking to boost the flexibility of its LNG trading portfolio with supply from North America, a senior...Continue Reading

Musk’s Political Fallout Weighs on Tesla’s Reputation | 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 – Jun 17, 2025, 10:00 AM CDT Tesla is experiencing increased competition...Continue Reading

Oil Price Surge Threatens Asian Currencies | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 17, 2025, 9:49 AM CDT The currencies of several major Asian oil importers are ripe for depreciation with the spike in international crude oil prices, analysts at Barclays said on...Continue Reading

Iran Threatens To Leave Nuclear Treaty and Close Strait of Hormuz | 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 – Jun 17, 2025, 9:00 AM CDT Iran...Continue Reading