Uncertainty Looms Over Iran’s Nuclear Stockpiles | 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 – Jun 28, 2025, 10:00 AM CDT US and Israeli strikes have targeted...Continue Reading
For the third consecutive day, extreme heat across the eastern half of the U.S. has triggered power grid alerts and emergency warnings, highlighting the fragility of current energy infrastructure. Extremely tight power grids reinforce a core part of our energy thesis: the urgent need for clean, reliable baseload power, and there is no better option...Continue Reading
Equinor has awarded SLB’s OneSubsea venture an EPC contract to supply two satellite subsea systems for Northern Lights phase two, boosting storage capacity off Norway from 1.5 million to at least 5 million tpy starting 2026. SourceContinue Reading
Aliko Dangote plans to list his $20 billion, 650,000 bpd Nigerian refinery by 2026. The IPO could reshape West Africa’s downstream sector as crude runs increase and output reaches aviation fuel, diesel, and gasoline. SourceContinue Reading
TotalEnergies is in talks with potential buyers for its shale oil assets in Argentina’s Vaca Muerta, as international operators look to exit the region amid improved valuations and shifting investment priorities. SourceContinue Reading
UK Car Output Hits 76-Year Low | 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 – Jun 27, 2025, 2:00 PM CDT UK car production in May plunged...Continue Reading
U.S. shale drilling activity declined for the ninth straight week, marking the longest drop since mid-2020. Analysts say recent oil price gains haven’t been enough to reverse cautious spending by producers. SourceContinue Reading
The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data that Baker Hughes published on Friday, following a 1-rig decrease in the week prior. The total rig count in the US fell by 7 to 547 rigs, according to Baker Hughes,...Continue Reading
The Energy Workforce & Technology Council (EWTC) has released a statement praising the Trump Administration’s announcement of a historic offshore lease sale in the Gulf of America, slated to offer nearly 80 million acres for oil and gas development, signaling a clear shift back to American energy dominance. SourceContinue Reading
Oil-Rich Alberta Forecasts Unexpected Budget Surplus | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 27, 2025, 11:30 AM CDT Alberta expects to have booked a budget surplus of about US$4.2 billion (C$5.8 billion) for the fiscal year 2024-2025 that ended in March, as Nate...Continue Reading
