A new wave of consolidation is on the horizon for small- and medium-sized US shale producers, largely driven by an appetite for scale in a merger and acquisition (M&A) environment that is getting increasingly competitive. Scale and efficiency are key catalysts for exploration and production (E&P) players who are seeking favorable business valuations, with acquisitions...Continue Reading
Chevron In Talks With Trump Administration on Venezuela | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Related News By Alex Kimani – Dec 10, 2025, 11:45 AM CST Chevron Corp. (NYSE:CVX) is currently engaged in talks with the Trump administration over its Venezuelan operations,...Continue Reading
Chevron CEO Mike Wirth says the company is in discussions with the Trump administration to ensure continued compliance with U.S. sanctions while maintaining operations in Venezuela, where Chevron remains the last U.S. oil major operating. SourceContinue Reading
INA has confirmed new offshore gas reserves in Croatia’s Northern Adriatic after early production testing delivered 120,000 cu m/day from a new development well. The project marks the start of a broader offshore drilling campaign planned through 2026. SourceContinue Reading
Ukraine Open to Wartime Elections if Security Can Be Guaranteed | 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 – Dec 10, 2025, 11:00 AM CST Zelenskyy said...Continue Reading
New Rules Make German Electricity Grid Investment More Appealing | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Related News By Michael Kern – Dec 10, 2025, 10:30 AM CST Germany’s networks regulator, Bundesnetzagentur, expects 1.4% higher revenues for electricity distribution network operators from 2029 onwards as...Continue Reading
Crude oil inventories in the United States decreased by 1.8 million barrels during the week ending December 5, after adding a modest 600,000 barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 425.7 million barrels according to government data,...Continue Reading
Senegal Moves to Seize Kosmos Offshore Gas Project | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Related News By Michael Kern – Dec 10, 2025, 9:30 AM CST Senegal looks to nationalize an offshore natural gas project, currently operated by U.S.-based Kosmos Energy, to meet its...Continue Reading
Trafigura Warns of “Super Glut” as Oil Supply Surges | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Dec 10, 2025, 9:00 AM CST Trafigura’s chief economist says accelerating supply growth and softening demand will create a global crude “super glut” in 2026....Continue Reading
NPDP has taken final investment decision on the Sea Lion oil field offshore the Falkland Islands, clearing the way for first oil in 2028. Phase 1 will include 11 subsea wells tied back to an FPSO, with peak production of 50,000 bpd and additional development phases planned. SourceContinue Reading
