Rhino Resources Namibia Ltd. has confirmed a significant gas condensate discovery at the Volans-1X exploration well in Block 2914A, offshore Namibia’s Orange basin. The find represents the company’s third consecutive hydrocarbon discovery on Petroleum Exploration License 85 (PEL 85). SourceContinue Reading

Crude Oil Plummets to Lowest Since June | 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 Related News By Tom Kool – Oct 01, 2025, 11:39 AM CDT Crude oil benchmarks were trading even lower midday Wednesday, at prices lower than...Continue Reading

Spec Issues Curb U.S.-Mexico Gas Shipments, Waha Discounts Widen | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 01, 2025, 11:30 AM CDT Natural Gas Intel has reported exclusively that pipeline gas flows from the United States into Mexico are being reduced because certain volumes...Continue Reading

IAEA Races to Restore Power at Besieged Zaporizhzhya Nuclear Plant | 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 – Oct 01, 2025, 11:00 AM CDT Europe’s largest...Continue Reading

Iran-Aligned Houthis Sanction U.S. Oil Majors | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 01, 2025, 10:30 AM CDT Major U.S. oil companies and their top managers were targeted by sanctions by a Yemeni body affiliated with the Iran-aligned Houthi rebels, for what they...Continue Reading

Crude oil inventories in the United States increased by 1.8 million barrels during the week ending September 26, after shrinking by 600,000 barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The increase brings commercial stockpiles to 416.5 million barrels according to government data, which...Continue Reading

Iraq Eyes Major Oil Production Surge by Year-End | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Oct 01, 2025, 9:30 AM CDT OPEC’s second largest producer, Iraq, plans to increase its oil production capacity to 5.5 million barrels per day...Continue Reading

AXP Energy has confirmed oil and gas across multiple pay zones in its Charlie #1 well in Noble County, Oklahoma. Wireline logs identified hydrocarbons in the Oswego Lime, Mississippi Chat, Mississippi Lime and Woodford Shale intervals. SourceContinue Reading

North Sea Midstream Partners (NSMP) has received first gas from Shell’s Victory field, the first new West of Shetland gas since 2017. Gas is flowing through the SIRGE and FUKA pipelines to the St Fergus Terminal, bolstering UK energy security and reducing reliance on imported LNG. SourceContinue Reading

Canada’s LNG Era Has Officially Begun | OilPrice.com Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Premium Content By Rystad Energy – Oct 01, 2025, 9:00 AM CDT LNG Canada shipped its first cargo...Continue Reading