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Sintana Energy Inc. has agreed to acquire Challenger Energy Group PLC in an all-share transaction valued at approximately C$83.6 million. The deal expands Sintana’s high-impact offshore exploration footprint in Uruguay and Namibia. Source
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Ukraine’s drone attacks on Russian refineries have resulted in a fuel crunch in Russia, where the shortage is estimated at up to 20% of demand, Ukrainian Volodymyr Zelenskyy said on Thursday.   “According to our data, the enemy’s gasoline shortage is up to around 20% of needs. Estimates vary from 13 to 20%, but it is...
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A new S&P Global Commodity Insights analysis finds absolute greenhouse gas emissions from the Permian basin have fallen nearly 20% since 2022, even as oil and gas production increased by about 500,000 barrels per day. Source
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Ørsted to Cut 2,000 Jobs by 2027 in Strategic Shift | 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 09, 2025, 9:30 AM CDT Faced with numerous headwinds, Ørsted will slash its workforce numbers by 2,000 by 2027, eliminating a...
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Inside the UK’s Energy Price Crisis | 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 09, 2025, 9:00 AM CDT Ofgem has raised the UK’s household...
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BP Launches Sixth Oil and Gas Project in 2025 at North Sea Field | 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 09, 2025, 8:00 AM CDT BP has started...
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bp has started up production from the Murlach field in the UK North Sea—its sixth major upstream project of 2025. The two-well subsea tieback adds about 15,000 boed in peak output to the ETAP hub, advancing bp’s plan to deliver 10 new oil and gas projects by 2027. Source
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Iran and Russia Discuss Boosting Nuclear Energy Cooperation | 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 09, 2025, 7:00 AM CDT Russia and Iran this week discussed boosting their...
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Egypt Defers LNG Import Cargoes on Weaker Demand | 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 09, 2025, 6:00 AM CDT Egyptian Natural Gas Holding Company (EGAS), the state-owned...
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Russian Strikes Curtail 60% of Ukraine’s Natural Gas Production | 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 09, 2025, 4:45 AM CDT Last week’s massive Russian attacks on energy...
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