CNOOC has announced that its U.S.-based subsidiary, CNOOC Energy Holdings U.S.A. Inc., has entered into a Stock Purchase Agreement (SPA) with a subsidiary of INEOS Energy for the sale of CNOOC Holdings U.S.A. Inc. SourceContinue Reading

(Bloomberg) – Kosmos Energy Ltd. and Tullow Oil Plc both acknowledged early merger talks on Thursday, following media speculation. Together, the companies would create an Africa-focused explorer with production exceeding 120,000 boed. SourceContinue Reading

The UK Electric Vehicle Boom Is Set to Accelerate | 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 – Dec 15, 2024, 10:00 AM CST The UK is expected...Continue Reading

Chevron and Exxon Target Data Centers with Reliable Gas Power | 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 – Dec 14, 2024, 6:00 PM CST Oil majors are looking to increase their bets...Continue Reading

Can Coal Ash Solve the Rare Earth Supply Chain Crisis? | 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 – Dec 14, 2024, 4:00 PM CST Coal ash,...Continue Reading

Europe is starting to reach its limit when it comes to wind power. Countries like Denmark and Sweden, once leaders in expanding offshore wind capacity, are now hitting obstacles as power prices and incentives fall too low to support new projects, according to Bloomberg. A recent Danish auction for offshore wind saw no bids, highlighting...Continue Reading

Massive LNG Expansion Expected Worldwide Despite Green Transition | 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 – Dec 14, 2024, 12:00 PM CST The global LNG market is...Continue Reading

Will Assad’s Downfall Trigger a Russian Withdrawal from Syria? | 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 14, 2024, 10:00 AM CST The fall of...Continue Reading

Enhanced Geothermal: A Game Changer for Renewable Energy | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – Dec 13, 2024, 6:00 PM CST Enhanced Geothermal Systems harness...Continue Reading

(Bloomberg) — Seplat Energy Plc will revive hundreds of idle Nigerian oil wells after completing its purchase of Exxon Mobil Corp.’s onshore oil and gas assets in the West African nation. SourceContinue Reading