A joint green-energy project involving Azerbaijan and Georgia has cleared an initial European hurdle, and its blueprint for exporting electricity from the Caspian Basin to the EU will now undergo a cost-benefit analysis. The European Network of Transmission System Operators for Electricity (ENTSO-E) opted to include the project, known as the Black Sea Green Energy...Continue Reading

Trump Weighs Exempting Hungary From Russian Oil Sanctions | 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 – Nov 07, 2025, 2:00 PM CST President Donald Trump told Hungarian Prime Minister Viktor Orbán...Continue Reading

Petrobras Readies Next Buzios Platform After Record Output | 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 – Nov 07, 2025, 1:00 PM CST Petrobras is closing out 2025 on a high note,...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 548 this week, according to Baker Hughes, down 37 from this same time last year.  The number of...Continue Reading

Duke Energy Crushes Q3 Earnings Estimates on Strong Sales | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Nov 07, 2025, 11:30 AM CST U.S. electric utility giant Duke Energy (NYSE: DUK) posted consensus-beating earnings for the third quarter as rates and...Continue Reading

The U.S. Bureau of Ocean Energy Management (BOEM) has announced two major steps toward expanding offshore oil and gas leasing under the Trump administration’s energy agenda and the One Big Beautiful Bill Act. SourceContinue Reading

Automotive Semiconductor Market To Reach $133 Billion by 2030 | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Nov 07, 2025, 11:00 AM CST The automotive semiconductor market is projected to grow at an 11.4% CAGR to reach $133.05 billion by...Continue Reading

Japan Raises Fuel Subsidies to Offset Tax Cuts | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Nov 07, 2025, 10:30 AM CST Japan will gradually increase fuel subsidies for households until it scraps the gasoline and diesel taxes at the...Continue Reading

Oil Prices Under Pressure Despite Trump’s Venezuela Threats | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Nov 07, 2025, 10:00 AM CST Oil market sentiment is decidedly bearish at the moment, but Trump’s threats around Venezuela mean there is plenty...Continue Reading

Civitas Resources reported net income of $177 million and strong Q3 performance driven by higher output and lower costs across its Permian and DJ basin assets. The results come as Civitas finalizes its merger with SM Energy, creating one of the largest independent U.S. oil and gas producers. SourceContinue Reading