President Trump kicks off his golfing holiday in Scotland this evening, and all eyes are on his diary as the trip looks set to become a hub for diplomacy.  Sir Keir Starmer will meet the US President on Monday, with the express mission of pressing for reduced tariffs on British steel.  The two leaders are...Continue Reading

Eni SpA reported profit that beat analyst estimates as proceeds from asset sales and sweeping cost cuts helped counter a weak oil market.  SourceContinue Reading

Valeura Energy Inc. has entered into a farm-in agreement with PTT Exploration and Production Plc (PTTEP) to earn a 40% interest in Blocks G1/65 and G3/65, in the offshore Gulf of Thailand. SourceContinue Reading

Beacon Offshore Kicks Off Shenandoah Production | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Jul 25, 2025, 12:30 PM CDT Beacon Offshore Energy has officially started oil and gas production at...Continue Reading

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday as operators continue to scale back activity amid weak prices and cautious capital spending. The total rig count in the US fell by 2 rigs to 542,...Continue Reading

BLM Opens New Oil Lease Sale in Eastern U.S. | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Jul 25, 2025, 11:30 AM CDT The Bureau of Land Management is preparing to...Continue Reading

OPEC+ looks set to stay the course at Monday’s Joint Ministerial Monitoring Committee meeting, with four anonymous delegates telling Reuters the group is unlikely to tinker with its output policy. A fifth source said it was too early to say. The plan on the table remains: raise production by 548,000 barrels per day in August—part...Continue Reading

Oil Slips as Market Eyes Potential Venezuela Supply Boost | 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 – Jul 25, 2025, 11:00 AM CDT Oil traded slightly lower on Friday as traders weighed trade talk optimism and...Continue Reading

The Energy Workforce & Technology Council (EWTC) has elected three distinguished leaders to its Advisory Board during the Council’s recent Board Meeting held in Houston, Texas.  SourceContinue Reading

PetroChina Greenlights $9.6 Billion Refinery in Dalian Revamp | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Jul 25, 2025, 10:30 AM CDT PetroChina has quietly approved a multi-billion-dollar refinery and petrochemical...Continue Reading