Michigan’s highest court has yanked Enbridge’s Line 5 pipeline back into the legal spotlight, agreeing Friday to hear Tribal Nations and environmental groups who say the state’s Public Service Commission broke the law when it signed off on a tunnel beneath the Straits of Mackinac. At stake is more than just a construction permit—it’s the...Continue Reading

Russia Leverages Unused Pipelines To Gain Ground in Ukraine | 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 – Sep 19, 2025, 2:00 PM CDT Russian forces have...Continue Reading

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 542, according to Baker Hughes, down 46 from this same time last year. The rig count is still...Continue Reading

Regulator to Take Over Oil Contracts in Nigeria | 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 – Sep 19, 2025, 11:30 AM CDT Nigeria is considering stripping its state oil company of...Continue Reading

Indonesia Opens Fuel Imports to Private Retailers | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 19, 2025, 10:30 AM CDT Southeast Asia’s biggest economy, Indonesia, has allowed private fuel retailers, including the units of BP and Shell, to import fuel via state-controlled energy firm...Continue Reading

By Editorial Dept – Sep 19, 2025, 10:21 AM CDT 1. Speculators Flee Crude as Oversupply Drains Future Bets Oversupply is steadily becoming the buzzword for oil markets in 2026, with the IEA’s updated outlook for next year predicting a 3.3 million b/d market surplus if current policies remain in place. The International Energy Agency predicts...Continue Reading

Fed Rate Cut Fails to Lift Oil as Inventories Weigh | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Sep 19, 2025, 10:09 AM CDT Oil prices ended the week slightly lower as U.S. inventory builds and oversupply fears outweighed the...Continue Reading

Iraq has given the preliminary green light to oil exports from the semi-autonomous region of Kurdistan to resume, Reuters reported on Friday, citing sources with knowledge of ongoing talks.  For months, Iraq has been reportedly close to restoring Kurdistan’s oil exports via the Iraq-Turkey pipeline to the Turkish Mediterranean port of Ceyhan.  However, outstanding issues...Continue Reading

Chevron, Anadarko, and Westlawn have partnered to explore offshore blocks in Peru’s Trujillo Basin, signing modified license agreements with Perupetro. The consortium plans to analyze 6,018 km² of seismic data, with exploratory drilling targeted after 2026 that could unlock up to 150,000 bpd of oil production. SourceContinue Reading

Sweden Looks to Lend $23 Billion to New Nuclear Power Projects | 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 19, 2025, 9:30 AM CDT Sweden’s government will ask the Parliament to approve state loans worth $23.4 billion (220 billion...Continue Reading