The U.S. Chamber’s Global Energy Institute issued a statement regarding the Biden Administration’s plans to restrict offshore oil and natural gas drilling, calling on Congress and the incoming administration to reverse the policy. SourceContinue Reading

Top Gas Turbine Maker Bets on Taiwan as Country Phase Outs Nuclear | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 06, 2025, 11:30 AM CST One of the top natural gas turbine makers in the world, GE Vernova, sees big opportunities in Taiwan, which...Continue Reading

TGS, a global provider of energy data and intelligence announced today the launch of the Dawson Phase III 3D multi-client seismic survey in the Western Canadian Sedimentary Basin. SourceContinue Reading

Venezuela’s oil exports managed a notable 10.5% climb in 2024, hitting their highest levels since 2019. State oil company PDVSA and its joint venture partners have deftly maneuvered through shifting U.S. sanctions and a domestic economy teetering on chaos. The result? A respectable 772,000 barrels per day (bpd) average export volume for the year. Much...Continue Reading

Halliburton and Coterra Energy announced the launch of autonomous hydraulic fracturing technology in North America with the Octiv® Auto Frac service, which is part of the ZEUS platform. SourceContinue Reading

Sudan Lifts Force Majeure on Oil Flows to Red Sea Port | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 06, 2025, 10:30 AM CST Following new security arrangements and improved security conditions, Sudan has lifted the 10-month-long force majeure on the pipelines transporting South...Continue Reading

The Race Is On Between West And East For Control In Syria | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Jan 06, 2025, 10:00 AM CST...Continue Reading

Biden Bans Oil Drilling in Huge Coastal Areas Ahead of Trump Inauguration | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 06, 2025, 9:30 AM CST The Biden Administration on Monday put more than 625 million acres of the U.S. coastal areas off limits for...Continue Reading

Samantha Dart, co-head of global commodities research at Goldman Sachs, said colder-than-average weather across the EU “is a stronger driver” than the halt in Russian NatGas exports via Soviet-era pipelines running through Ukraine, which will, in turn, pressure EU NatGas prices higher. By Friday, EU NatGas prices reached levels not seen in over a year,...Continue Reading

India Looks to Expand Strategic Petroleum Reserve Sites | 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 – Jan 06, 2025, 8:30 AM CST India has issued a tender to private companies...Continue Reading