UK Farmers Fear for Bioethanol Market Following US Trade Deal | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – May 14, 2025, 2:00 PM CDT A recent...Continue Reading
Oil giant Saudi Aramco has signed agreements with major U.S. companies potentially totaling about $90 billion. The signed MoUs and pacts cover partnerships on LNG, AI, emission-reduction technologies and more, Aramco said in a statement. SourceContinue Reading
Tech Breakthrough Could Upend the $650 Billion Plastics Market | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – May 14, 2025, 12:37 PM CDT For decades, recycling plastic has been a losing game — too slow, too expensive, and too limited...Continue Reading
Libya’s oil sector faces renewed disruptions following the resumption of intense fighting in Tripoli, just hours after a ceasefire was declared by officials. The Sirte Oil Company, a key state-run energy operator, announced the suspension of all land-based fuel and material transport due to escalating security concerns in western Libya, Devidiscourse News reported on Wednesday....Continue Reading
XRG, PETRONAS and the Turkmenistan State Enterprise Hazarnebit have signed a new Production Sharing Contract (PSC) with the State Concern Turkmennebit for the offshore “Block I” gas and condensate fields in Turkmenistan. SourceContinue Reading
Russia and Ukraine Prepare for Direct Peace Talks in Turkey | 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 14, 2025, 11:00 AM CDT Ukraine and...Continue Reading
McDermott has successfully completed fabrication, construction, and offshore floatover of the Scarborough floating production unit (FPU) topside and hull structures for Woodside Energy. SourceContinue Reading
XRG, PETRONAS and the Turkmenistan State Enterprise Hazarnebit have signed a new Production Sharing Contract (PSC) with the State Concern Turkmennebit for the offshore “Block I” gas and condensate fields in Turkmenistan. SourceContinue Reading
ADNOC’s XRG Takes Stake in Offshore Gas Block in Turkmenistan | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 14, 2025, 10:30 AM CDT XRG, the newly created energy investment firm of Abu Dhabi’s national oil company ADNOC, has taken a 38% stake in a...Continue Reading
Crude oil inventories in the United States saw an increase of 4 million barrels during the week ending May 9, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading down prior to the crude data release by the U.S. Energy Information Administration. On Tuesday, the American...Continue Reading