STR, a provider of advanced sensor technology, has strengthened its global offering by entering into a partnership with SubC Imaging, an original equipment manufacturer (OEM) of subsea cameras, digital video recorder products and data-as-a-service provider. SourceContinue Reading

Trump: Low Oil Prices Put U.S. In Good Negotiating Position With Russia | 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 – May 05, 2025, 2:38 PM CDT US President Donald Trump may...Continue Reading

Europe’s Hunt for Natural Resources in Central Asia | 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 – May 05, 2025, 2:00 PM CDT The EU is increasing its focus...Continue Reading

ADNOC Gas has announced net income of $1.27 billion for Q1 2025, attributing the strong performance to continued demand for domestic gas – up on the equivalent quarter last year – as a result of strong economic growth in the UAE. SourceContinue Reading

BP’s Head of Sustainability Steps Down, No Successor Named | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – May 05, 2025, 1:00 PM CDT BP’s top sustainability executive, Giulia Chierchia, will leave the company on June 1. BP’s financial performance has deteriorated, with...Continue Reading

Sunoco LP (NYSE: SUN) is bulking up again—this time north of the border. The Dallas-based fuel distributor announced Monday it will acquire Parkland Corporation (TSX: PKI) in a $9.1 billion cash-and-stock deal, including assumed debt. The move expands Sunoco’s footprint deep into Canada and the Caribbean, while consolidating its position in North American fuel supply...Continue Reading

Oil markets took another hit this weekend as OPEC+ threw another curveball. In a virtual meeting Saturday, the group’s top producers—Saudi Arabia and Russia—announced a 411,000 barrels per day (bpd) output hike for June, nearly triple what had originally been planned. The move follows a similar surge for May and signals a stark strategic pivot...Continue Reading

Guyana Should Hedge Against Oil Price Slumps, Ex Finance Minister Says | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 05, 2025, 11:30 AM CDT Guyana’s government should consider hedging its oil production against the falling oil prices as its booming oil revenues are set...Continue Reading

U.S. Electricity From Fossils Fuels Dips Below 50% for the First Time Ever | 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 – May 05, 2025, 11:00 AM...Continue Reading

Saudi Arabia and India at Odds Over Crude Supply to Possible Joint Refineries | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 05, 2025, 10:30 AM CDT Last month, Saudi Arabia and India agreed to boost energy cooperation, including by potential Saudi investment in two...Continue Reading