SLB has been awarded a $1.5 billion, five-year integrated development contract by Kuwait Oil Company for the next phase of the Mutriba field, covering HPHT and sour reservoirs. SourceContinue Reading
Politics, Not Barrels, Are Driving Oil Again | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics and later completed an Executive MBA in Energy Transition at the University of Groningen.… More Info Premium Content By Tom Kool – Feb 03, 2026, 9:40 AM CST Oil markets remain hostage to...Continue Reading
Oil Tanker Rates Soar Amid Shipping Shortages and Middle East Tensions | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 03, 2026, 9:15 AM CST Oil tanker rates on the key Middle East-to-China route surged this week to the highest level since November as vessel...Continue Reading
Following the trade deal announced by U.S. President Donald Trump, Indian refiners seek clarification about Russian oil imports from their government, with some pre-emptively halting purchases, sources with knowledge of the matter told Bloomberg on Tuesday. President Trump broke the news of a deal with India on Monday, saying the U.S. would reduce tariffs on Indian...Continue Reading
Qatar Moves to Reclaim Japan’s LNG Market With Major Jera Deal | 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 Related News By Tsvetana Paraskova – Feb 03, 2026, 8:15 AM CST QatarEnergy is expected to announce...Continue Reading
Kuwait Seeks Foreign Majors’ Help to Develop Offshore Fields | 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 Related News By Tsvetana Paraskova – Feb 03, 2026, 7:00 AM CST Kuwait prepares to invite international oil companies...Continue Reading
Ørsted to Sell European Onshore Business for $1.7 Billion | 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 Related News By Tsvetana Paraskova – Feb 03, 2026, 6:00 AM CST Ørsted, the world’s largest offshore wind developer,...Continue Reading
Libya Signals a New Gas Push as Europe Searches for Supply | 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 Related News By Irina Slav – Feb 03, 2026, 5:00 AM CST Libya will step up its natural gas...Continue Reading
BP Shareholders Demand Proof That Fossil Fuel Pivot Will Pay | 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 Related News By Irina Slav – Feb 03, 2026, 3:30 AM CST A group of institutional shareholders in BP, featuring...Continue Reading
India’s Russian Oil Dilemma Threatens to Shake Global Markets | 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 Related News By Irina Slav – Feb 03, 2026, 2:07 AM CST The immediate suspension of crude oil imports from Russia...Continue Reading
