Armenian Prime Minister Nikol Pashinyan is sending signals designed to place the Armenian-Azerbaijani peace process back on the front burner. In particular, Pashinyan has expressed openness to exploring a modified version of the Zangezur corridor, which would establish a direct link between Azerbaijan proper and the Nakhchivan exclave via Armenian territory. The corridor issue has...Continue Reading
The American Petroleum Institute (API) and Energy Workforce & Technology Council (EWTC) have both issued statements of support following the U.S. Senate’s confirmation of Chris Wright to lead the U.S. Department of Energy. SourceContinue Reading
Back in Iraq: BP Puts $25B On the Table | 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 – Feb 04, 2025, 1:00 PM CST BP is about to make a big bet...Continue Reading
The European Commission last week sent out to EU member states its proposal for the next round of sanctions on Russia and Belarus, with a goal to have the package unanimously agreed by the time of the third anniversary of the full-scale invasion of Ukraine in late February. The proposal, seen by RFE/RL, would mean...Continue Reading
(Bloomberg) – BP Plc is pushing back plans to make renewable fuels on the site of its former Kwinana oil refinery in Australia, amid a broader cost-cutting drive within the company. BP has previously said it was looking at producing green hydrogen at Kwinana in addition to renewable fuels. SourceContinue Reading
(Bloomberg) – ADNOC will transfer stakes in some U.S. assets to its new international investment firm, XRG PJSC. ADNOC’s holdings in a hydrogen venture with Exxon Mobil Corp. and NextDecade Corp.’s LNG export project will move to XRG, according to CEO Sultan Al Jaber. SourceContinue Reading
Steel Industry Braces for Uncertain 2025 | 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 – Feb 04, 2025, 12:00 PM CST Global crude steel production fell by...Continue Reading
ADNOC Moves US Gas and Green Energy Assets to its $80-Billion Investment Firm | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 04, 2025, 11:30 AM CST Abu Dhabi’s ADNOC is moving some of its natural gas and green energy assets in the United States...Continue Reading
Burning More Coal at Home Is Worsening India’s Pollution | 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 – Feb 04, 2025, 11:30 AM CST India reduced its imports of coal in...Continue Reading
Shell has restarted production at the Penguins field in the UK North Sea with a new FPSO facility. Shell UK is the operator, and NEO Energy owns 50% interest. The Penguins FPSO is the first Shell-operated new facility in the North Sea in more than 20 years. SourceContinue Reading