Venture Global on Thursday announced the execution of a new 20-year Sales and Purchase Agreement (SPA) with PETRONAS. Under the terms of the SPA, PETRONAS will purchase 1 MMtpa of LNG from Venture Global’s third facility, CP2 LNG, for 20 years. SourceContinue Reading

Gulf Oil Companies Redefine Their Role in a Volatile Region | OilPrice.com Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Premium Content By Rystad Energy – Jul 03, 2025, 4:00 PM CDT Gulf NOCs...Continue Reading

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data that Baker Hughes published on Thursday, following a 7-rig decrease in the week prior. The total rig count in the US fell by 8 to 539 rigs, according to Baker Hughes,...Continue Reading

Steel Industry Reacts to BYD’s New European Factory | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Jul 03, 2025, 2:00 PM CDT Chinese automaker BYD has...Continue Reading

China Snubs U.S. Crude for Third Month, Even as Ethane Trade Restarts | 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 – Jul 03, 2025, 1:30 PM CDT China has avoided buying U.S....Continue Reading

India Pushes Forward in Rare Earth Rare | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jul 03, 2025, 1:00 PM CDT Hindustan Zinc plans to move into rare earth metals, with commercial production anticipated within five years, as India seeks to establish...Continue Reading

U.S. Court Endorses $7.38B Winning Bid for Citgo Parent | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 03, 2025, 12:30 PM CDT A U.S. court officer on Wednesday officially recommended awarding a $7.38-billion winning bid to mining firm Gold Reserve and investor group Dalinar...Continue Reading

Seatrium has been awarded a Floating Storage Regasification Unit (FSRU) conversion contract from Kinetics, an energy transition initiative by Karpowership. The project involves the conversion of an LNG carrier (LNGC) into an FSRU named LNGT Turkiye. SourceContinue Reading

Perenco Vietnam and its partners in Block 15-1 have signed a new Production Sharing Contract (PSC) with the Socialist Republic of Vietnam, marking the beginning of a new 25-year chapter for the group in the country. SourceContinue Reading

The Energy Workforce & Technology Council (EWTC) on Thursday released its June 2025 jobs report, reflecting a modest dip in employment within the energy services sector amid continued economic uncertainty. SourceContinue Reading