Japan Petroleum Exploration Co. has agreed to acquire Verdad Resources’ tight oil and gas assets in the Denver-Julesburg basin for about $1.3 billion, marking a major expansion of JAPEX’s North American upstream portfolio. The deal is expected to significantly boost production and proved reserves, with development planned into the early 2030s. SourceContinue Reading

Russia Falls Further Behind in the Space Race as Kazakhstan Turns to China | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Dec 18, 2025, 1:00 PM CST Kazakhstan’s...Continue Reading

West Africa Oil Faces Crisis as Global Surplus Builds | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 18, 2025, 12:30 PM CST Millions of barrels of Nigerian and Angolan crude remain unsold in the December and January loading programs, as they struggle to compete...Continue Reading

Falklands Oil Megaproject Breaks Free After 15 Years | OilPrice.com Natalia Katona Natalia Katona is a freelance commodity analyst, based in the United Arab Emirates. More Info Premium Content By Natalia Katona – Dec 18, 2025, 12:00 PM CST After 15 years in limbo, the Sea Lion oil project reached FID on December 10, unlocking...Continue Reading

Russia’s Oil Exports Face Delays as Tankers Take 70% Longer Route | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 18, 2025, 11:30 AM CST Oil tankers carrying Russian oil appear to be avoiding the fastest Black Sea route to the Turkish straits and travel...Continue Reading

The US and EU are Divided Over How to Deal With Belarus | 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 – Dec 18, 2025, 11:00 AM CST...Continue Reading

Abu Dhabi National Oil Co. has secured $11 billion in financing tied to future production from its Hail and Ghasha offshore gas projects, reinforcing the UAE’s push to expand gas output and achieve self-sufficiency by the end of the decade. SourceContinue Reading

Top Exporters Boosted Natural Gas Supply in October | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Dec 18, 2025, 10:30 AM CST Norway ramped up its pipeline gas exports, Qatar raised its LNG supply, and the United States saw LNG...Continue Reading

Bloomberg Opinion columnist and chief energy correspondent Javier Blas posted a chart on X from the International Energy Agency’s new global coal report showing that coal demand jumped to an all-time high this year, despite years of efforts by the green-industrial complex to end its very existence. “Global coal demand rose to an all-time high in 2025, up...Continue Reading

Global Oil Demand Surges Driven by Indian Market Rebound | 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 – Dec 18, 2025, 9:30 AM CST Global oil demand jumped in October from...Continue Reading