U.S. oil and gas company VAALCO Energy is refurbishing its FPSO facility at the Baobab field in Block CI-40, offshore Ivory Coast, African Energy Chamber announced. The modernization is set to increase production and extend the field’s economic life. SourceContinue Reading
New US Sanctions on Iran Increase Pressure on Iraq | OilPrice.com Cyril Widdershoven Dr. Cyril Widdershoven is a long-time observer of the global energy market. Presently he works as Director of Energy Security and Supply Chains, at Strategy… More Info Premium Content By Cyril Widdershoven – Jul 06, 2025, 12:00 PM CDT The Trump Administration...Continue Reading
OPEC+ will increase oil production even more rapidly than expected next month, as the group led by Saudi Arabia seeks to capitalize on strong summer demand in its move to reclaim market share. Eight key alliance members agreed to raise supply by 548,000 bpd at a conference on Saturday. SourceContinue Reading
Petrobras is considering the sale of its onshore operations in Brazil’s northeastern Bahia state, CEO Magda Chambriard said. Production on the Polo Bahia Terra is too expensive given that it yields less than a single well in the deepwater pre-salt region. SourceContinue Reading
A Game-Changing New Tech for Cutting Shipping Emissions | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Jul 06, 2025, 10:00 AM CDT Seabound has developed a compact...Continue Reading
Subsea7 has secured a sizeable contract for offshore Egypt to conduct engineering, procurement, commissioning and installation of flexible pipelines, umbilicals, and associated subsea components for a tie back to existing infrastructures. SourceContinue Reading
Canada Warms Up to Fossil Fuels With New LNG Export Terminal | 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 Premium Content By Irina Slav – Jul 05, 2025, 6:00 PM CDT Canada has recently shifted its energy policy,...Continue Reading
Renewables Surge Though Geopolitical Shifts Threaten Progress | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Jul 05, 2025, 4:00 PM CDT The global clean energy transition...Continue Reading
Google Bets Big on Nuclear Fusion | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Jul 05, 2025, 12:00 PM CDT Google signed the first direct corporate power...Continue Reading
The Shifting Front Lines of the Ukraine Conflict | 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 – Jul 05, 2025, 12:00 PM CDT At one point during...Continue Reading
