PXGEO has secured its first contract in Malaysia to deliver offshore seismic data acquisition services under a two-year agreement. The campaign will play a key role in supporting Malaysia’s drive to unlock new hydrocarbon resources and accelerate upstream exploration. SourceContinue Reading

TotalEnergies and its partners, Equinor and Shell, announce that the first CO2 volumes were successfully transported to the Northern Lights facilities in Øygarden. They were then injected 2,600 m below the seabed into the storage facilities, offshore Norway. SourceContinue Reading

Oil Jumps 2% on Fed Easing Signals, Ukraine Drone Strikes | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 25, 2025, 12:09 PM CDT Crude prices moved higher in early Monday trade, with macro tailwinds from a more dovish U.S. Federal Reserve and fresh supply...Continue Reading

A team of Goldman analysts led by Brian Singer reaffirmed his bullish view on U.S. power-sector Green Capex after the IRS recently clarified eligibility rules for solar and wind tax credits under the One Big Beautiful Bill Act (OBBBA). The new “physical work” test replaces the prior 5% capex rule but is not expected to...Continue Reading

Seadrill Limited today announced Sonadrill Holding Ltd, its 50:50 joint venture with an affiliate of Sonangol E.P., has been awarded two contracts. The West Gemini secured a contract with Sonangol Exploração & Produção, S.A. for work in Angola. SourceContinue Reading

SLB announced today that its OneSubsea™ joint venture has been awarded an engineering, procurement and construction (EPC) contract by Equinor for a 12-well, all-electric Subsea Production System (SPS) in the Fram Sør field, offshore Norway. SourceContinue Reading

Trump’s Caucasus Peace Deal Could Undermine Georgia’s Geopolitical Importance | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Aug 25, 2025, 11:00 AM CDT Georgian leaders praised Trump’s peace...Continue Reading

China Accelerates Coal Plant Commissioning to 9-Year High | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Aug 25, 2025, 10:30 AM CDT Despite record solar and wind capacity additions and booming renewable energy output, China is not giving up on...Continue Reading

Crescent Energy today announced a definitive agreement to acquire shale rival Vital Energy in an all-stock transaction valued at approximately $3.1 billion. The merger positions Crescent as a top 10 independent producer, with a scaled and focused asset portfolio across the Eagle Ford, Permian and Uinta Basins. SourceContinue Reading

U.S. Shale Is Facing Higher Costs and Slowing Productivity | OilPrice.com David Messler Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and… More Info Premium Content By David Messler – Aug 25, 2025, 10:00 AM CDT U.S. shale production...Continue Reading