Angola is courting investment in its oil industry to stave off a further decline in output. It quit OPEC in 2023, after 16 years of membership, because of production quotas set by the group and has been trying to maintain output above 1 million bpd since then. SourceContinue Reading
The African Energy Chamber (AEC) has officially opened an international office in Shanghai, China, aimed at strengthening cooperation between African governments and energy companies and their counterparts in China. SourceContinue Reading
Russia and India are interested in collaborating on joint energy projects, including oil and gas production in Russia’s Far East and Arctic shelf, Russian Foreign Minister Sergei Lavrov said on Thursday after meeting with his Indian counterpart in Moscow. Earlier this month, the United States announced an additional 25% tariff on India over its imports...Continue Reading
Libya’s eastern parliament is poised to let Turkey explore for energy in the North African nation’s waters, according to people familiar with the matter, in what would be a sign of warming ties between Ankara and the region. SourceContinue Reading
Ukrainian Arrested in Italy for Nord Stream Pipeline Explosions | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 21, 2025, 1:30 PM CDT German prosecutors confirmed Thursday that a Ukrainian national has been arrested in Italy on suspicion of coordinating the 2022 sabotage of the...Continue Reading
US National Security Probe Targets Wind Industry | 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 – Aug 21, 2025, 1:00 PM CDT The Commerce Department just opened a Section 232 “national security”...Continue Reading
Ukraine Begins Work on Military Security Guarantees | 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 – Aug 21, 2025, 1:00 PM CDT Ukrainian officials confirmed work is...Continue Reading
MedcoEnergi has received approval from the Government of Thailand for an extension of the production period for the Bualuang Oil Field (Block B8/38) in the Gulf of Thailand. SourceContinue Reading
Why the World’s Biggest Banks Are Ditching Net Zero Goals | 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 – Aug 21, 2025, 12:00 PM CDT Major global...Continue Reading
Kent plc has signed a binding agreement to acquire Exceed (XCD) Holdings Limited, a leader in well management, subsurface and decommissioning engineering services. The acquisition marks Kent’s strategic expansion in the fast-growing global decommissioning market. SourceContinue Reading
