The global energy system is entering a pivotal new phase. Rystad Energy’s latest scenario analysis shows that all net growth in global electricity supply in 2025 – around 1,070 terawatt-hours – will come from low-carbon sources, including renewables and nuclear power. This marks a structural shift: renewables are no longer competing at the margins but...Continue Reading

Chinese Solar Firms Trim Losses as Beijing Tackles OvercapacityMore Top Reads From Oilprice.com Japanese Company Buys U.S. Shale Assets for $1.3 Billion Vår Energi Commits $15 Billion to New Norway Offshore Projects China’s Gasoline Exports Plummeted 51. | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for...Continue Reading

Trump’s Trade Policies Drive Decline in Asian Imports of U.S. Energy | 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, 7:00 AM CST Falling U.S. energy sales in...Continue Reading

Trump Goes Nuclear: Truth Social’s $6 Billion Leap into Fusion Energy | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Dec 18, 2025, 6:41 AM CST Trump Media & Technology Group (TMTG), the operator of Truth Social, has agreed to an...Continue Reading

China’s Gasoline Exports Plummeted 51.7% in November | 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 – Dec 18, 2025, 6:00 AM CST China’s exports of refined petroleum products last month booked a 2.2%...Continue Reading

Vår Energi Commits $15 Billion to New Norway Offshore Projects | 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, 5:00 AM CST Vår Energi plans to invest around...Continue Reading

Japanese Company Buys U.S. Shale Assets for $1.3 Billion | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 18, 2025, 2:30 AM CST Japan’s JAPEX has struck a deal to buy shale oil and gas asset owner Verdad Resources Intermediate Holdings for $1.3 billion, Reuters...Continue Reading

bp has named Woodside Energy CEO Meg O’Neill as its next chief executive, effective April 1, 2026, as Murray Auchincloss steps down. The leadership change signals a new phase for the supermajor focused on tighter financial discipline and accelerated strategic execution. SourceContinue Reading

Venezuela May Have to Start Shutting Oil Wells Soon | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 18, 2025, 1:00 AM CST Venezuela may be forced to start shutting in oil production as it runs out of storage space amid the U.S. tanker blockade,...Continue Reading

DNO ASA has secured North Sea oil offtake agreements with subsidiaries of Exxon Mobil and Shell, unlocking up to $410 million in related financing facilities effective January 2026. The agreements strengthen DNO’s balance sheet and support continued growth amid volatile markets. SourceContinue Reading