Block Energy plc, the production and development company focused on Georgia, has announced its acquisition of a 10% participating interest in the XIQ Production Sharing Contract (PSC).  SourceContinue Reading

Russia’s Black Sea Deal Demands Raise Concerns | 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 – Mar 27, 2025, 12:00 PM CDT Russia has linked the Black...Continue Reading

EU Raw Materials Plan Faces Long Odds Against Global Power Moves | OilPrice.com Cyril Widdershoven Dr. Cyril Widdershoven is a long-time observer of the global energy market. Presently he works as Director of Energy Security and Supply Chains, at Strategy… More Info Related News By Cyril Widdershoven – Mar 27, 2025, 11:30 AM CDT The...Continue Reading

Trump’s Brand New Policy Tool May Upend Oil Trades | OilPrice.com Elias Ferrer Elias Ferrer is the director of a research advisory in Caracas, Venezuela focusing on the country’s oil and gas sector, Orinoco Research. More Info Premium Content By Elias Ferrer – Mar 27, 2025, 11:30 AM CDT On Monday, Trump presented a brand-new...Continue Reading

Saudi Aramco, the world’s top oil firm and single biggest crude exporter, is in discussions to invest in two planned refineries in India, sources in India told Reuters on Thursday. State-owned Indian refiners plan to build several new crude processing plants to meet soaring fuel and petrochemicals demand in the world’s third-largest crude oil importer....Continue Reading

BP Approves Major Trinidad and Tobago Natural Gas Project | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 27, 2025, 10:30 AM CDT BP approved on Thursday the development of the Ginger natural gas project offshore Trinidad and Tobago, which will be one of the...Continue Reading

Aquaterra Energy has secured a multi-million-dollar, multi-year contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention equipment package for a project in Nigeria. SourceContinue Reading

The Railroad Commission of Texas (Texas RRC) reported record-setting volumes in 2024 for both oil and natural gas in the state. “These latest records further demonstrate Texas’s position as a global leader in oil and gas production,” said RRC Chairman Christi Craddick. SourceContinue Reading

Trump Auto Tariffs Threaten Japanese Carmaker Profits | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Mar 27, 2025, 10:00 AM CDT New US tariffs on imported vehicles and auto parts are expected to severely impact Japanese automakers, with some companies facing potential...Continue Reading

World Oil’s Deepwater Development Conference (MCEDD) got underway on March 25 in Madrid, Spain, and has been thriving this week. There is no mistaking the renewed, growing interest in deepwater projects, and the attendance and program confirm it. Attendance is running significantly ahead of last year’s conference, and the list of topics presented/debated is more...Continue Reading