India’s Refiners Brace For Major Disruption to Russian Oil Supply | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 10, 2025, 11:30 AM CST Indian refiners expect their supply of cheaper Russian crude to be severely crippled with imminent U.S. sanctions expected to be slapped...Continue Reading

Shell and Chevron announced the start of oil production from the Whale semisubmersible platform in the deepwater U.S. Gulf of Mexico. Chevron owns 40% working interest in Whale, with Shell owning 60% interest as operator. Estimated peak production from the Whale development is 100,000 gross boed. SourceContinue Reading

OMV Set to Supply Romanian Gas to Germany From 2027 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 10, 2025, 10:30 AM CST The Romanian business of Austria’s energy giant OMV has reached an agreement with German firm Uniper to supply natural gas to...Continue Reading

Oil Prices Skyrocket 4.5% as U.S. Targets Russian Tankers | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jan 10, 2025, 10:00 AM CST New US sanctions targeting Russian oil tankers and maritime insurance providers have caused oil prices to surge to a...Continue Reading

Subsea 7 has secured a contract with Equinor for a front-end engineering and design (FEED) study with EPCI option for the Fram Sør development project, offshore Norway. SourceContinue Reading

Asia Diversifies Its Oil Supply as More Iran and Russia Sanctions Loom | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 10, 2025, 9:30 AM CST The top buyers of Russian and Iranian crude in Asia, China, and India, have been buying more crude from...Continue Reading

The Oil Bulls Are Back as Brent Breaks $80 | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Jan 10, 2025, 8:53 AM CST Bullish sentiment is well and truly back in oil markets, with Brent breaking $80 and WTI trading...Continue Reading

Slovakia’s PM Claims Putin Promised to Keep Sending Russian Gas | 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 – Jan 10, 2025, 8:30 AM CST Vladimir Putin has pledged to Slovakia...Continue Reading

By Editorial Dept – Jan 10, 2025, 8:30 AM CST With a major security vacuum left in the wake of the overthrow by rebels of Syria’s Assad, followed almost immediately by a massive Israel airstrike campaign that has decimated any strategic/military capabilities, we expect prolonged instability in Syria as external actors prepare to stake their...Continue Reading

Venezuela’s Opposition Leader Kidnapped and Then Released | OilPrice.com Premium Content By Editorial Dept – Jan 10, 2025, 8:30 AM CST Politics, Geopolitics & Conflict South Sudan resumed oil exports on January 8 following Sudan’s decision to lift force majeure on a vital pipeline damaged during Sudan’s civil conflict. Prior to the halt in February...Continue Reading