ROGII, a global expert in advanced geosteering and subsurface analytics, has secured a partnership with Petrobras to apply real-time inversion technology to enhance operational efficiency and optimize reservoir performance.  SourceContinue Reading

West Texas Intermediate (WTI) crude prices dipped into the low $60 per barrel range following President Donald Trump’s sweeping tariffs announced on 2 April. While the subsequent 9 April move to pause the new levies at 10% for most countries for the next 90 days helped WTI prices recoup some losses, the market remains extremely...Continue Reading

Moscow’s New Energy Plan: Oil Output To Remain Flat Until 2050 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 14, 2025, 3:00 PM CDT Based on Moscow’s new energy plan, Russian crude oil production and exports are set to remain flat until 2050, and...Continue Reading

The majority of small and medium-sized firms (SMEs) have sidelined net zero practices, according to a survey of around 500 business owners, in signs that net zero policies are increasingly falling out of fashion.  President Donald Trump’s abandonment of Biden-era green policies has driven a global trend that is seeing firms and governments move away...Continue Reading

World Bank Under Scrutiny Over Tajikistan Hydropower Project | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Apr 14, 2025, 2:00 PM CDT The World Bank is facing a...Continue Reading

Gasoline Prices Fall for First Time in a Month, Still Higher YoY | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 14, 2025, 1:30 PM CDT Average national prices for a gallon of gasoline at the pump on Monday fell for the first time in...Continue Reading

EnerMech has been awarded a three-year cranes and lifting services contract for the Anasuria floating production storage and offloading (FPSO) vessel, located 127km east of Aberdeen in the central North Sea.  SourceContinue Reading

OPEC cut forecasts for global oil demand growth slightly this year and next as President Donald Trump’s tariff onslaught takes a toll on consumption, while remaining more bullish than other forecasters. SourceContinue Reading

Iran Faces Tough Decisions in Nuclear Negotiations | 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 – Apr 14, 2025, 1:00 PM CDT The United States and Iran...Continue Reading

OPEC Lowers 2025 Oil Demand Forecast on Trade Tensions | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 14, 2025, 12:30 PM CDT OPEC has revised its global oil demand growth forecast for 2025, citing escalating trade tensions and weaker-than-expected economic indicators. The cartel now...Continue Reading