Cenovus Energy has raised its takeover offer for MEG Energy to C$7.6 billion, sweetening terms ahead of a delayed shareholder vote. The deal would expand Cenovus’s footprint across Alberta’s Christina Lake oil sands, where MEG produces about 100,000 bpd. SourceContinue Reading

ExxonMobil has signed new agreements with Iraq’s Basra Oil Co. and SOMO to explore and develop the Majnoon oil field, marking its first upstream re-entry into Iraq since exiting West Qurna-1 in early 2024. SourceContinue Reading

Europe Curtails Record Wind Power Generation | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Oct 08, 2025, 7:00 AM CDT Some of Europe’s top economies where wind power plays a...Continue Reading

Wider Discounts Could Tempt India to Buy More Russian Crude Oil | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Oct 08, 2025, 6:00 AM CDT A doubling of the discount...Continue Reading

Serica Cuts Oil Output Guidance Amid Issue at North Sea Platform | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Oct 08, 2025, 4:58 AM CDT UK North Sea oil and...Continue Reading

Texas Could See a Decline in Fossil Fuel-Fired Power Generation in 2025 | 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 Related News By Irina Slav – Oct 08, 2025, 3:30 AM CDT Electricity generation from natural gas power...Continue Reading

Exxon Considers Return to Iraq | 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 Related News By Irina Slav – Oct 08, 2025, 2:30 AM CDT Exxon is considering a return to Iraq after leaving the country two years...Continue Reading

Commonwealth LNG Pushes Louisiana Project Completion to 2031 | 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 Related News By Irina Slav – Oct 08, 2025, 1:30 AM CDT Commonwealth LNG, a project proposed for Louisiana and originally supposed...Continue Reading

Trump Eyes New Round of Clean Energy Cuts Worth Billions | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 07, 2025, 8:57 PM CDT The U.S. government is considering canceling or rescinding billions of dollars in previously awarded funding for clean-energy and carbon management projects...Continue Reading

OPEC+ Nears Its Limit, Leaving Prices One Crisis Away from a Spike | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Oct 07, 2025, 7:00 PM CDT OPEC+ spare capacity is...Continue Reading