The Trump administration will purchase 1 million barrels of crude oil to begin replenishing the U.S. Strategic Petroleum Reserve (SPR), marking the first step toward restoring the nation’s emergency supply following years of drawdowns. SourceContinue Reading
A consortium led by DeepOcean — including TotalEnergies, Equinor, Aker BP, Tenaris, and LS Cable & System — has developed FlowHeat, a subsea pipeline heating system that reduces installation costs by 35% and emissions by 30%, extending tieback reach to 30–50 km in deepwater projects. SourceContinue Reading
Will Tech Stocks Blow Up the Stock Market Again? | OilPrice.com Leonard Hyman & William Tilles Leonard S. Hyman is an economist and financial analyst specializing in the energy sector. He headed utility equity research at a major brokerage house and… More Info Premium Content By Leonard Hyman & William Tilles – Oct 21, 2025,...Continue Reading
Kent has been awarded the FEED contract by Al-Khafji Joint Operations (KJO) for the Khafji Desalter and Water Treatment Plant upgrade. The project will sustain 300,000 bpd of crude production and expand treatment capacity to over 500,000 bpd. SourceContinue Reading
U.S. Buys a Token Barrel to Refill the Strategic Reserve | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Oct 21, 2025, 1:30 PM CDT The Trump administration is dipping its toe—barely—into...Continue Reading
Waymo’s UK Launch Sparks Debate on Autonomous Vehicle Laws | 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 – Oct 21, 2025, 1:00 PM CDT The UK is...Continue Reading
The fight over Venezuela’s last major foreign asset just got nastier. Lawyers for Citgo Petroleum and its owner, PDV Holding, told a Delaware court this week that Elliott Management’s affiliate Amber Energy shouldn’t even be in the running for Citgo’s parent company—calling its bid “so low it shocks the conscience.” What began nearly six years...Continue Reading
America’s Auto Industry Faces a Rare Earth Reckoning | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Oct 21, 2025, 12:00 PM CDT U.S. automakers remain heavily...Continue Reading
Galp Energia is expanding upstream exploration in frontier markets such as Namibia and São Tomé and Príncipe amid resilient global oil demand. “The world has changed,” said a board member on Tuesday. “The energy transition is happening, but Europe still needs fossil fuels.” SourceContinue Reading
Halliburton Tops Q3 Earnings Estimates on Solid North American Demand | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 21, 2025, 11:30 AM CDT Halliburton Company (NYSE: HAL) saw its third-quarter earnings top Wall Street expectations on steady drilling and stimulation demand in North America....Continue Reading