Vår Energi Commits $15 Billion to New Norway Offshore Projects | 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 – Dec 18, 2025, 5:00 AM CST Vår Energi plans to invest around...Continue Reading

Japanese Company Buys U.S. Shale Assets for $1.3 Billion | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 18, 2025, 2:30 AM CST Japan’s JAPEX has struck a deal to buy shale oil and gas asset owner Verdad Resources Intermediate Holdings for $1.3 billion, Reuters...Continue Reading

bp has named Woodside Energy CEO Meg O’Neill as its next chief executive, effective April 1, 2026, as Murray Auchincloss steps down. The leadership change signals a new phase for the supermajor focused on tighter financial discipline and accelerated strategic execution. SourceContinue Reading

Venezuela May Have to Start Shutting Oil Wells Soon | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 18, 2025, 1:00 AM CST Venezuela may be forced to start shutting in oil production as it runs out of storage space amid the U.S. tanker blockade,...Continue Reading

DNO ASA has secured North Sea oil offtake agreements with subsidiaries of Exxon Mobil and Shell, unlocking up to $410 million in related financing facilities effective January 2026. The agreements strengthen DNO’s balance sheet and support continued growth amid volatile markets. SourceContinue Reading

A New Solar Material Is Pushing Efficiency Beyond Theoretical Limits | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Dec 17, 2025, 7:00 PM CST Perovskite solar cells offer much higher efficiency than silicon. Cambridge researchers have developed a...Continue Reading

How Far Can Brent and WTI Fall in an Oversupplied Market? | 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 Premium Content By Irina Slav – Dec 17, 2025, 6:00 PM CST Oil prices have fallen to multi-month lows...Continue Reading

Baker Hughes has secured a multi-year contract with Kuwait Oil Company to deploy advanced ESP artificial lift systems integrated with digital production technologies, strengthening its long-standing role in enhancing output from Kuwait’s oilfields. SourceContinue Reading

Big Oil Shuns Mexico as Pemex’s Struggles Continue | 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 – Dec 17, 2025, 5:00 PM CST Pemex remains financially strained, with nearly $100 billion...Continue Reading

SBM Offshore has signed a contract extension to continue leasing and operating the FPSOs Mondo and Saxi Batuque on Angola’s Block 15 through 2032, with life-extension and refurbishment work set to begin in 2026. SourceContinue Reading