Oil prices jumped early on Thursday as concerns about supply with intensified U.S. sanctions on Iran and Venezuela trumped demand woes and the possibility of peace in Ukraine. As of 10:45 a.m, ET on Thursday, the front-month futures contract of the U.S. benchmark, WTI Crude, was up by more than 2%, trading at $70.09 per...Continue Reading
Italy Plans $3 Billion Aid Package Due to High Energy Prices | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 27, 2025, 9:30 AM CST Italy will announce on Friday measures to support households and small firms most hit by the high energy costs, in...Continue Reading
Saskatchewan Pre-Approves All Pipelines Through Its Territory | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Feb 27, 2025, 9:00 AM CST Saskatchewan Premier Scott Moe announced all pipeline permits in the province would be considered pre-approved. Alberta is exploring ways to align with Saskatchewan’s policy,...Continue Reading
Russian Firms Set to Restart Oil Projects in Kurdistan | 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 – Feb 27, 2025, 8:30 AM CST Russian oil companies will soon be able...Continue Reading
Vermilion Energy Inc. has closed its previously announced acquisition of Westbrick Energy Ltd. The acquisition adds stable annual production of 50,000 boed (75% gas, 25% liquids) and approximately 770,000 net acres in Alberta’s Deep Basin. SourceContinue Reading
Eni Misses Q4 Profit Estimate as Oil Prices and Refining Margins Dip | 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 – Feb 27, 2025, 7:20 AM CST Eni SpA (NYSE: E)...Continue Reading
France’s Engie May Shift Capex Away From U.S. Over Policy Uncertainty | 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 – Feb 27, 2025, 6:15 AM CST French utility giant Engie could...Continue Reading
Eni and Petronas Set to Combine Upstream Assets in Southeast Asia | 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 – Feb 27, 2025, 4:57 AM CST Italy’s Eni and Malaysian state...Continue Reading
Trump Cancels Chevron Venezuela License | 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 – Feb 27, 2025, 3:45 AM CST President Donald Trump has canceled a sanction waiver for Chevron that has allowed...Continue Reading
China’s Solar Growth Set for a Slowdown in 2025 | 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 – Feb 27, 2025, 2:40 AM CST China’s solar power generation capacity growth this year is...Continue Reading
