CNOOC has announced that Dongfang 29-1 Gas Field Development Project has commenced production. The project is expected to achieve a peak production of 38 million cubic feet of natural gas per day in 2025. SourceContinue Reading

Trump’s Crypto Launch Sparks Debate About U.S. Regulation | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Jan 21, 2025, 3:00 PM CST Bitcoin hit a record...Continue Reading

Trump: Putin ‘Destroying’ Russia by Rejecting Ukraine Peace Deal | 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 – Jan 21, 2025, 2:00 PM CST Former President Trump...Continue Reading

Portugal Ditches Russian Gas, Boosts Imports from U.S. and Nigeria | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Jan 21, 2025, 1:30 PM CST Portugal will increase purchases of liquefied natural gas (LNG) from the United States and...Continue Reading

Energy giant ScottishPower has been granted an appeal to allow it to deduct £28m in fines by Ofgem for corporation tax purposes. Investigations by regulator Ofgem found companies within the Scottish Power group had breached regulations between 2013 and 2016, in relation to mis-selling, cost-reflectivity, energy saving and complaints handling. Scottish Power entered into a...Continue Reading

With the inauguration of U.S. President Donald Trump on January 20, the future of American involvement in Africa’s energy sector is set for a significant shift. President Trump’s approach to energy has consistently focused on strengthening American interests, particularly by prioritizing domestic energy production. SourceContinue Reading

Chinese Refiners Scramble for Oil as Russian Sanctions Bite | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jan 21, 2025, 12:00 PM CST President Trump plans to refill the US Strategic Petroleum Reserve, which was significantly drained under the Biden administration. Sanctions...Continue Reading

Nigeria ranks as Africa’s top destination for upstream oil and gas investment in 2024, research from Wood Mackenzie shows. The African Energy Chamber commends Nigeria for its dedication to simplifying policies and facilitating market growth in the energy sector. SourceContinue Reading

MAGA Republican leaders, the so-called ‘climate deniers’—and its leader (Trump) label climate change a “hoax.” What does this mean for climate policy and the energy transition in the U.S.? And will the change in U.S. policy affect European policy as well? SourceContinue Reading

European and African Countries Back Green Hydrogen Pipeline Project | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 21, 2025, 11:30 AM CST Italy, Austria, Germany, Algeria, and Tunisia reiterated on Tuesday their intention to develop a pipeline that would carry renewable hydrogen from North...Continue Reading