Lower Oil Prices Drag Down Profits at Chinese Giant CNOOC | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 30, 2025, 11:30 AM CDT CNOOC Ltd, China’s top offshore crude oil and gas producer, on Thursday said its net profit fell by 12.2% from a...Continue Reading

Zimbabwe Opens $9 Billion Power Sector To Private Investors | 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 – Oct 30, 2025, 11:00 AM CDT The government has approved independent power producers (IPPs) and private firms to generate, sell, and...Continue Reading

Global Power Demand to Skyrocket 30% by 2035 | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Oct 30, 2025, 10:30 AM CDT The world’s electricity demand is expected to surge by 30% over the next decade as data centers, electric...Continue Reading

DeepOcean has been selected to deliver a major subsea decommissioning project offshore Western Australia, including the suspension of subsea trees, removal of flowlines, umbilicals, and a disconnectable turret-mooring buoy. The 2026 campaign will be managed from Perth, leveraging Shelf Subsea’s regional expertise. SourceContinue Reading

How Iron-Air Batteries Could Dethrone Lithium | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Oct 30, 2025, 10:00 AM CDT Iron-air batteries use a reversible rusting process to store and release electricity using abundant materials like iron and water. These “100-hour batteries” could solve renewable...Continue Reading

Nigeria Looks to Revive State-Owned Refineries | 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 – Oct 30, 2025, 9:30 AM CDT NNPC, the state-owned Nigerian oil company, is looking to revive...Continue Reading

bp is advancing appraisal planning for its significant Bumerangue hydrocarbon discovery in the pre-salt Santos basin offshore Brazil, confirming a 1,000-meter gross hydrocarbon column with high-quality oil and liquids-rich gas condensate. The company expects appraisal activities to begin in early 2027. SourceContinue Reading

China has agreed to begin the process of buying American energy products, U.S. President Donald Trump said on Thursday after meeting with Chinese President Xi Jinping in South Korea.   Hailing “a truly great meeting” with the Chinese leader, President Trump said in a Truth Social post “We agreed on many things, with others, even of...Continue Reading

U.S. Sanctions Force Lukoil to Divest Global Holdings | 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 – Oct 30, 2025, 8:00 AM CDT Lukoil has agreed to sell its international business...Continue Reading

Shell plc delivered adjusted earnings of $5.4 billion and cash flow from operations of $12.2 billion in Q3 2025, supported by record output from deepwater assets in Brazil and the Gulf of America and robust LNG trading results. SourceContinue Reading