SLB OneSubsea has been awarded two EPC contracts by PTTEP to deliver subsea production systems for Malaysia’s deepwater Alum, Bemban, Permai, and Kikeh fields, extending the life of key offshore assets and strengthening regional energy security. SourceContinue Reading

Russian Missile Strikes On Ukraine’s Energy Grid Kills 3 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 30, 2025, 12:30 PM CDT A barrage of Russian missile and drone strikes on Ukraine’s energy infrastructure left three people dead on Wednesday, forcing nationwide power restrictions....Continue Reading

US diplomats intend to set up working groups with their Armenian and Azerbaijani counterparts to accelerate implementation of the US-brokered provisional peace plan signed in August in Washington, according to a state-connected media outlet in Azerbaijan. The Report.az outlet queried the State Department about the status of the peace deal, the centerpiece of which is...Continue Reading

Lower Oil Prices Drag Down Profits at Chinese Giant CNOOC | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 30, 2025, 11:30 AM CDT CNOOC Ltd, China’s top offshore crude oil and gas producer, on Thursday said its net profit fell by 12.2% from a...Continue Reading

Zimbabwe Opens $9 Billion Power Sector To Private Investors | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Oct 30, 2025, 11:00 AM CDT The government has approved independent power producers (IPPs) and private firms to generate, sell, and...Continue Reading

Global Power Demand to Skyrocket 30% by 2035 | 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 30, 2025, 10:30 AM CDT The world’s electricity demand is expected to surge by 30% over the next decade as data centers, electric...Continue Reading

DeepOcean has been selected to deliver a major subsea decommissioning project offshore Western Australia, including the suspension of subsea trees, removal of flowlines, umbilicals, and a disconnectable turret-mooring buoy. The 2026 campaign will be managed from Perth, leveraging Shelf Subsea’s regional expertise. SourceContinue Reading

How Iron-Air Batteries Could Dethrone Lithium | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Oct 30, 2025, 10:00 AM CDT Iron-air batteries use a reversible rusting process to store and release electricity using abundant materials like iron and water. These “100-hour batteries” could solve renewable...Continue Reading

Nigeria Looks to Revive State-Owned Refineries | 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 30, 2025, 9:30 AM CDT NNPC, the state-owned Nigerian oil company, is looking to revive...Continue Reading

bp is advancing appraisal planning for its significant Bumerangue hydrocarbon discovery in the pre-salt Santos basin offshore Brazil, confirming a 1,000-meter gross hydrocarbon column with high-quality oil and liquids-rich gas condensate. The company expects appraisal activities to begin in early 2027. SourceContinue Reading