Saipem said it will not complete its planned acquisition of the Deep Value Driller drillship after the vessel’s owner decided to proceed with a sale to another buyer, and the company is now considering potential legal action to protect its interests. SourceContinue Reading

White House Presses Tech Giants to Shield Households From AI Power Costs | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Feb 25, 2026, 1:00 PM CST...Continue Reading

Trump To Allow Private Cuban Companies To Buy Fuel But Block The Regime | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Feb 25, 2026, 12:30 PM CST The Trump administration plans to allow energy companies to sell fuel...Continue Reading

Fuel Supply Gap Could Hold Back U.S. Nuclear Energy Renaissance | 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 – Feb 25, 2026, 12:00 PM CST The U.S. push to quadruple nuclear...Continue Reading

OPEC+ To Consider Oil Output Hike By 137,000 bpd For April | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Feb 25, 2026, 11:30 AM CST OPEC+ is likely to consider increasing oil output by 137,000 barrels per day...Continue Reading

Trump Links Military Resolve Abroad to Energy Dominance at Home | 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 – Feb 25, 2026, 11:00 AM CST Trump warned...Continue Reading

Saudi Shipping Giant Rents Supertankers as Freight Costs Skyrocket | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 25, 2026, 10:30 AM CST Bahri, the national shipping carrier of the world’s top crude exporter, Saudi Arabia, has provisionally chartered at least five supertankers to ship...Continue Reading

Velesto Energy has secured a $16.5-million drilling contract from Jadestone Energy to deploy the NAGA 8 jackup for infill drilling at the East Belumut field offshore Malaysia, supporting Southeast Asia upstream activity and regional rig utilization. SourceContinue Reading

Crude oil inventories in the United States increased by 16 million barrels during the week ending February 20, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 435.8 million barrels according to government data, which is still 3% below the five-year average for this...Continue Reading

Black Sea Bottleneck Stalls Tengiz Oil Comeback | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 25, 2026, 9:30 AM CST Storms in the Black Sea and alerts of potential drone attacks at a key loading terminal are slowing the ramp up of crude oil...Continue Reading