The UK’s benchmark carbon price surged by more than 8% on Monday after the UK and the EU agreed to link their emission trading systems in the first major reset of trade relations since Brexit. The UK’s government announced on Monday that the UK has secured a new agreement with the EU post Brexit, which...Continue Reading

Galveston Gets First LNG Bunkering Permit on U.S. Gulf Coast | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 19, 2025, 9:30 AM CDT The Galveston LNG Bunker Port (GLBP) on the Texas City Ship Channel has received all necessary permits to operate a small-scale...Continue Reading

Iran Insists It Will Continue to Enrich Uranium With or Without a Nuclear Deal | 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 – May 19, 2025, 9:00...Continue Reading

The agreement grants ADNOC perpetual and exclusive rights to utilize Tubacex’s Sentinel Prime premium tubular joint connection technology, which is critical for completing oil and gas wells while reducing costs and ensuring supply chain resilience. SourceContinue Reading

Norway Bets Big on Offshore Wind | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – May 19, 2025, 7:26 AM CDT Norway announced on Monday a tender for three project areas for floating offshore wind in a highly-anticipated first competition for...Continue Reading

Oil Prices Drop as U.S. Loses Top AAA Rating | 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 – May 19, 2025, 6:59 AM CDT Moody’s downgraded the U.S. credit rating from...Continue Reading

Enrichment Remains Key Sticking Point in U.S.-Iran Negotiations | 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 – May 19, 2025, 6:38 AM CDT The U.S.-Iran talks on a nuclear deal “will...Continue Reading

Germany Shifts Stance on Nuclear Power in EU Policy | 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 – May 19, 2025, 5:00 AM CDT Germany, which has been opposing for years...Continue Reading

EU Set To Spend an Extra €10 Billion on Gas Refill | 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 – May 19, 2025, 2:55 AM CDT The European Union is facing additional costs...Continue Reading

Goldman Sachs analysts have revised their outlook for global oil demand upwards, now expecting growth of 600,000 barrels daily this year and 400,000 barrels daily in 2026. The bank, however, maintained its oil price forecast at $60 per barrel of Brent crude and $56 per barrel of West Texas Intermediate for this year, Reuters reported,...Continue Reading