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September 5, 2025
SCO Unity Crumbles Amidst Internal Conflicts | 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 – Sep 05, 2025, 4:00 PM CDT Internal disputes and rivalries, particularly involving Azerbaijan, India,...
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Ørsted Secures $9.4 Billion to Navigate U.S. Offshore Wind Crisis | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Sep 05, 2025, 1:30 PM CDT Danish offshore wind developer Ørsted won shareholder approval Friday for a $9.4-billion emergency rights issue, shoring...
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Ukraine Drones Hit One of Russia’s Biggest Refineries | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 05, 2025, 12:30 PM CDT Ukraine attacked with drones Rosneft’s Ryazan refinery in Russia, again, the commander of Ukraine’s drone forces, Robert Brovdi, said on Friday, as eyewitnesses...
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The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total rig count in the US rose to 537, according to Baker Hughes, down 45 from this same time last year. The rig count is still...
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India’s Finance Minister Nirmala Sitharaman said the country will continue buying Russian oil, signaling its intent to defy U.S. President Donald Trump’s persistent demands to halt the purchases. Source
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OPEC+ leader Saudi Arabia wants the group to consider reviving more oil production ahead of its scheduled return at the end of next year amid a push to reclaim market share, people familiar with the matter said. Source
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India Vows to Keep Buying Russian Crude Oil | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 05, 2025, 11:30 AM CDT India will continue buying crude from Russia as it looks to cater to its interests, Indian Finance Minister Nirmala Sitharaman said on Friday,...
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OPEC+ Dials Up Downside Risk as Saudis Eye Further Output Hikes | 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 – Sep 05, 2025, 11:00 AM CDT Saudi Arabia is pushing OPEC+ to fast-track the group’s...
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Poland to Extend Electricity Price Cap Through the End of 2025 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 05, 2025, 10:30 AM CDT Poland will look to extend the current cap on power prices through the end of the year, Energy Minister Milosz...
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Saudi Arabia is pushing OPEC+ to fast-track the group’s next oil production increase, moving up a supply hike originally scheduled for late 2026. The proposal, first reported by Bloomberg, would restore as much as 1.66 million barrels per day of output currently held back under voluntary cuts. The issue is set for debate during a...
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