BW Energy, together with NAMCOR E&P, has contracted the Deepsea Mira semi-submersible rig for the drilling of the Kharas appraisal well on the Kudu license (PPL003) offshore Namibia in the Orange Basin, scheduled for the second half of 2025. SourceContinue Reading

Ahead of trade talks in Stockholm that are set to begin today, The South China Morning Post reports that, according to sources close to the matter on both sides, the US and China are set to extend their tariff truced by another three months. China and the United States agreed in May to remove most...Continue Reading

U.S. LNG Stocks Surge on EU Energy Deal | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 28, 2025, 7:00 AM CDT Shares of U.S. LNG producers jumped in early trading Monday after the European Union agreed to dramatically increase its energy imports from the...Continue Reading

Saudi Arabia Eyes September Crude Price Hike for Asia | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Jul 28, 2025, 6:12 AM CDT Saudi Arabia is expected to raise the official selling price (OSP) of Arab Light crude to Asia...Continue Reading

Diesel Markets Brace for Shock as EU Sanctions Redraw Trade Routes | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Jul 28, 2025, 5:20 AM CDT The global diesel market is entering a new phase of structural tightening, with fresh EU...Continue Reading

Ukraine Taps Azeri Gas in First Test Deal Via Trans-Balkan Pipeline | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 28, 2025, 4:20 AM CDT In a pivotal shift for Eastern European energy flows, Ukraine’s state-owned Naftogaz has signed its first-ever gas supply agreement with...Continue Reading

Dangote Demands Fuel Import Ban to Protect Nigeria’s Refining Future | 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 – Jul 28, 2025, 3:15 AM CDT The owner of the biggest refinery in Africa,...Continue Reading

Eni Sees Low-Carbon Business Profits Equaling Oil and Gas Profits by 2035 | 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 – Jul 28, 2025, 2:00 AM CDT Eni’s profits from alternative energy business...Continue Reading

UN Calls on Australia to Get Serious About Net Zero | 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 – Jul 28, 2025, 12:45 AM CDT Australia should “go for what’s smart by going...Continue Reading

What to Watch in Oil Markets This Week | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 27, 2025, 9:47 PM CDT Oil prices moved higher in early Asian trade on Monday after the U.S. and EU reached a tariff agreement, averting a major trade...Continue Reading