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Canada’s oil sands are seeing renewed growth as U.S. shale output plateaus, with production hitting record highs following the Trans Mountain pipeline expansion. Improved heavy-oil pricing and rising U.S. investor interest are driving a resurgence among major oil sands producers through 2030. Source
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TotalEnergies has signed a €5.1 billion all-stock agreement to acquire a 50% stake in EPH’s flexible power generation platform, marking one of the company’s most significant moves yet to scale its gas-to-power integration strategy across Europe. Source
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Another Russian overnight massive drone and missile attack on Ukraine has had some serious spillover effects, as the Turkish flagged LPG tanker “Orinda” carrying thousands of metric tons of liquefied petroleum gas was reportedly struck at the port of Izmail in Odesa. The Turkish vessel was reportedly struck directly by a Russian drone, prompting the immediate evacuation of...
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The price of Russia’s flagship Urals crude at the Black Sea plunged to as low as $36.61 per barrel at the end of last week, the lowest in nearly three years, as the U.S. sanctions on the two biggest Russian producers and exporters, Rosneft and Lukoil, are slated to take effect from Friday.  On Thursday...
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Poland’s Oil Giant Orlen Plugs Into EV Charging Market | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Nov 17, 2025, 9:30 AM CST Orlen, the largest refiner in Poland and eastern Europe, is venturing into superfast electric vehicle charging and...
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Zelenskyy Launches Sweeping Purge of Ukraine’s Energy Sector | 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 – Nov 17, 2025, 9:00 AM CST Zelenskyy vows to replace...
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Petrobras has made another offshore discovery in Brazil’s Campos Basin, confirming high-quality post-salt oil at the Sudoeste de Tartaruga Verde block. The new well, drilled in 734 m of water, extends the company’s recent exploration momentum as lab analysis now moves forward to assess full reservoir potential. Source
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TGS has kicked off its Pelotas Norte Phase I 3D multi-client survey offshore southern Brazil, covering 14,800 km² of largely unheld acreage ahead of upcoming bid rounds. A Ramform Titan-class vessel using GeoStreamer® technology will acquire data through Q3 2026. Source
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Kazakhstan Drags Big Oil to Swiss Court in $166 Billion Lawsuit | 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 – Nov 17, 2025, 8:00 AM CST Kazakhstan has filed for arbitration...
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TotalEnergies Boosts Power Business with $5.9 Billion Europe Deal | 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 – Nov 17, 2025, 7:00 AM CST TotalEnergies is expanding its power business in...
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