Crude oil prices were set to end the week lower than they started it as Israel and Iran stopped bombing each other, alleviating fears of a supply disruption in the Middle East. At the time of writing, Brent crude was trading at $68 per barrel, with West Texas Intermediate at $65.55 per barrel. That’s down...Continue Reading
China Records Hydropower Boom Amid Power Storage Push | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Jun 26, 2025, 7:00 PM CDT China dominates global hydropower storage. Pumped storage remains the world’s top long-duration storage technology. China’s Fengning...Continue Reading
Scientists Pitch $117 Trillion Wind-Solar Super Network | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Jun 26, 2025, 6:00 PM CDT Scientists propose a $117 trillion global wind-solar grid, arguing it could...Continue Reading
Equinor and Partners Approve $2 Billion Fram Sør Project | OilPrice.com Andrew Topf With over two decades of journalistic experience working in newspapers, trade publications and as a mining reporter, Andrew Topf is a seasoned writer specializing in… More Info Premium Content By Andrew Topf – Jun 26, 2025, 5:00 PM CDT A new oil...Continue Reading
The recent commissioning of Brazil’s largest gas-fired thermal plant is set to raise the country’s annual gas consumption for power generation by at least 6 million cubic meters per day (MMcmd) from July to November – representing a 23% year-on-year rise. Gas Natural Acu’s (GNA) 1.7-gigawatt (GW) GNA II power plant began commercial operations on...Continue Reading
UK Scraps $34 Billion Morocco-Linked Subsea Power Cable Megaproject | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 26, 2025, 3:30 PM CDT In a move with significant implications for transcontinental energy trade, the UK government has formally withdrawn support for the $34.4-billion Morocco-UK Power...Continue Reading
The Bureau of Ocean Energy Management has issued a Proposed Notice of Sale for Lease Sale 262, covering about 80 million acres and 15,000 Gulf of America blocks. A 60-day comment period begins June 27, with the auction tentatively set for Dec. 10, 2025. SourceContinue Reading
Tech Giants Sprint Ahead While Apple Walks on AI | 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 26, 2025, 3:00 PM CDT Apple’s progress in...Continue Reading
Oil Tanker Rates Retreat as Middle East Tensions Cool | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Related News By Tom Kool – Jun 26, 2025, 2:30 PM CDT Spot rates for very large crude carriers (VLCCs) sailing from the...Continue Reading
Dräger’s Safety & Health at Work Report 2025 finds that 65 % of UK employees link poor psychological safety to physical risks and 63 % feel too much responsibility is pushed onto staff. The study urges companies to address outdated equipment, mental-health gaps, and cautious AI roll-outs. SourceContinue Reading
