Woodside has signed LNG sale and purchase agreements with Uniper for the supply of 1.0 million tonnes per annum (Mtpa) from Louisiana LNG and up to 1.0 Mtpa from its global portfolio, demonstrating ongoing strong demand for LNG globally. SourceContinue Reading
U.S. crude oil production grew by 270,000 barrels per day (bpd) in 2024 to average 13.2 million bpd, according to a new report from the U.S. Energy Information Administration (EIA). Almost all the production growth came from the Permian region. SourceContinue Reading
Auto Industry Navigates Shifting Tariff Landscape | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Apr 17, 2025, 2:00 PM CDT Automakers are implementing various strategies, including adjusting prices, incentives, and production, in response to the uncertainty and potential impact of tariffs. Deutsche...Continue Reading
The National Ocean Industries Association has issued a statement after Secretary of the Interior Doug Burgum halted construction activities of the Empire Wind offshore wind project and ordered a review of both existing and pending offshore wind permits. SourceContinue Reading
The total number of active drilling rigs for oil and gas in the United States rose this week following the recent price slide, according to new data that Baker Hughes published on Thursday, following a large 7-rig dip in the prior week. The total rig count in the US rose by 2 to 585 rigs,...Continue Reading
In accordance with a halt work order issued by the U.S. government, Empire Offshore Wind LLC (Empire) will safely halt the offshore construction in waters of the outer continental shelf for the Empire Wind project. SourceContinue Reading
Liberty Energy Inc., one of the biggest U.S. fracing companies, expects most producers to stick with their production plans as long as crude prices can hang on near current levels. Denver-based Liberty’s shares are down about 20% since Trump announced tariffs earlier this month. SourceContinue Reading
ReconAfrica has entered into a Memorandum of Understanding (MOU) with ANPG for a joint exploration project in the Etosha-Okavango basin, located onshore in southeastern Angola. ANPG is Angola’s national concessionaire and regulator. SourceContinue Reading
Construction Firms Brace for Increased Costs | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Apr 17, 2025, 1:00 PM CDT President Trump’s administration has implemented new...Continue Reading
India’s Largest Port Operator To Acquire Major Export Terminal in Australia | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 17, 2025, 12:30 PM CDT Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest private port operator, has announced a $2.4-billion non-cash deal to...Continue Reading