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America’s Electricity Demand Just Hit Overdrive | 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 Premium Content By Tsvetana Paraskova – Jul 24, 2025, 2:00 PM CDT U.S. electricity generation hit a record high in H1 2025....
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The Trump administration has restored Chevron’s ability to pump oil in Venezuela, according to unnamed sources. Key to the arrangement was an assurance that no royalties or taxes would benefit the government of Venezuela’s socialist leader, Nicolas Maduro. Source
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The Trump administration is reportedly considering granting limited authorizations to a handful of oil companies operating in Venezuela, with Chevron first in line. The move would mark a shift from Washington’s hardline stance earlier this year, when key licenses were revoked and U.S. firms were ordered to wind down all activity with PDVSA, Venezuela’s state...
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TotalEnergies has awarded Tenaris a contract to supply casing and tubing and Rig Direct® services for the GranMorgu project, located about 150 km offshore Suriname. With first oil expected in 2028, GranMorgu represents Suriname’s first major offshore development. Source
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Tripoli Lands U.S. Energy Investment as Dbeibah Seeks $70 Billion Partnership | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 24, 2025, 12:30 PM CDT The United States has reportedly confirmed a?new $235 million infrastructure deal in Libya’s energy sector, reinforcing its presence in a...
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AquaTerra Group been awarded two separate contracts with bp and Ithaca Energy to support a number of their North Sea assets. A three-year contract will see AquaTerra providing specialist access and access led maintenance services across bp’s North Sea portfolio.   Source
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UK and India Ink Monumental £6 Billion Trade Deal | 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 – Jul 24, 2025, 12:00 PM CDT The UK and...
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The methane intensity of oil and gas production in the Permian basin declined by more than 50% during the 2022-2024 period according to a new analysis by S&P Global Commodity Insights. Source
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$20 Billion Mozambique LNG Project Set for Summer Restart | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 24, 2025, 11:30 AM CDT Italian energy services group Saipem expects construction of the $20-billion Mozambique LNG project to restart by the end of the summer after...
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Tesla Share Plunge As Musk Says Company Enters “Transition Period” | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jul 24, 2025, 11:00 AM CDT Tesla shares plunged more than 9% at the cash open on Thursday after CEO Elon Musk lamented the...
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