So much for the “sunset industry” narrative. Britain’s North Sea oil and gas sector just pulled a fast one on the doomsters. The UK’s North Sea Transition Authority (NSTA) says 2024 investment came in at nearly £6 billion—more than 50% above what it predicted last fall. And while 2025 spending is expected to cool a...Continue Reading

Tullow Oil will pump as much as it can from mature assets in West Africa this year as part of plans to bring debt below $1 billion. “In the year ahead, our priorities are to progress our refinancing plan and optimize our production activities,” Tullow said in a statement. SourceContinue Reading

Enteq Technologies has successfully completed its latest round of trials for The SABER Tool, its next-generation Rotary Steerable System (RSS) technology, at the Catoosa Test Facility. The testing phase reinforces the tool’s potential as a more reliable, lower-cost RSS for downhole environments. SourceContinue Reading

Biggest Indian Oil Producer Seeks to Diversify to Withstand Supply Glut | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Mar 25, 2025, 9:30 AM CDT Indian state-owned Oil and Natural...Continue Reading

Shell to Boost Shareholder Returns in LNG-Focused Strategy | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Mar 25, 2025, 8:30 AM CDT Shell will increase shareholder distributions to 40-50% of...Continue Reading

India’s Peak Electricity Demand Set to Jump By 10% in 2025 | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Mar 25, 2025, 8:00 AM CDT More heat waves are expected...Continue Reading

Alaska Seeks South Korean Investors for Its $44-Billion LNG Project | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Mar 25, 2025, 7:00 AM CDT On Tuesday, Alaska Governor Mike Dunleavy...Continue Reading

UK Could Cover Half of Its Energy Needs With Local Oil and Gas | 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 Related News By Irina Slav – Mar 25, 2025, 6:00 AM CDT The UK could produce about...Continue Reading

Venezuela Rations Energy With Shorter Work Days | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 25, 2025, 5:00 AM CDT The Venezuelan government has reduced the work week for public servants in the country in a bid to reduce energy consumption amid a weather-related...Continue Reading

Lightning Strike Disrupts Gas Supply to Freeport LNG | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 25, 2025, 4:00 AM CDT Gulf South Pipeline Company has suspended gas deliveries to Freeport LNG after a lightning strike that damaged its pipeline, Reuters reported today, citing...Continue Reading