Crude Traders Split on Whether the Glut Has Arrived | 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 Premium Content By Irina Slav – Oct 05, 2025, 4:00 PM CDT Predictions of an oil glut have dominated oil market...Continue Reading

Transocean Ltd. has announced new contract fixtures totaling $243 million in firm backlog for two ultra-deepwater drillships. bp exercised a 365-day option for the Deepwater Atlas in the U.S. Gulf, while Petrobras exercised a 30-day option for the Deepwater Mykonos offshore Brazil. SourceContinue Reading

QatarEnergy has signed an agreement with Shell to acquire a 27% participating interest in the North Cleopatra offshore block in Egypt’s Herodotus Basin. Pending government approval, Shell will remain operator with 36%, alongside Chevron (27%) and Tharwa Petroleum (10%). SourceContinue Reading

OPEC+ has agreed to raise oil production by 137,000 barrels per day in November, signaling a cautious approach as Saudi Arabia and Russia reached consensus after differing on supply strategy. SourceContinue Reading

U.S. political momentum and African regulatory reforms are converging to create what leaders at African Energy Week 2025 described as a strategic opening for U.S. investment in Africa’s upstream oil and gas sector. SourceContinue Reading

The Uncertain Future of UK Oil and Gas | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Oct 05, 2025, 2:00 PM CDT Labour is raising taxes and...Continue Reading

Can AI Solve the Nuclear Fusion Energy Puzzle? | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Oct 05, 2025, 12:00 PM CDT Nuclear fusion holds the...Continue Reading

The Collapse of Confidence in Carbon Capture | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Oct 05, 2025, 10:00 AM CDT Governments and fossil fuel firms have...Continue Reading

Pemex’s Dos Bocas Turns Into Mexico’s Refinery Nightmare | OilPrice.com Natalia Katona Natalia Katona is a freelance commodity analyst, based in the United Arab Emirates. More Info Premium Content By Natalia Katona – Oct 04, 2025, 6:00 PM CDT Mexico’s $20 billion flagship Dos Bocas refinery struggles to deliver three years after launch, despite being...Continue Reading