American and British vessels are cautiously returning to the Red Sea as the Gaza truce and prisoner exchange deal continues to hold. Starting last week Yemen’s Houthi movement made clear that it would honor the ceasefire, and refrain from attacking international vessels in the Red Sea so long as Israel bides by the ceasefire. However,...Continue Reading

Cummins and Liberty Energy have announced that the industry’s first natural gas variable speed, large displacement engine to power Liberty’s digiPrime hydraulic fracturing platform will be deployed in the first half of 2025. SourceContinue Reading

North Dakota Native Landowners Seek Changes To Oil Tax Sharing  | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Jan 29, 2025, 1:30 PM CST Native American landowners in North Dakota are pursuing changes to a historic oil and...Continue Reading

(Bloomberg) – Oil edged lower as traders weighed the possible fallout from President Trump’s planned tariffs on major U.S. crude supplier Canada and other countries. The market was also watching reports OPEC will evaluate potential changes to America’s energy policy. SourceContinue Reading

Via Metal Miner Specialty and stainless longs producer Swiss Steel recently reached an agreement on a plan to reduce the workforce at its production site in Lucerne Canton, in central Switzerland. The move represents another blow to the European steel industry, which continues to struggle. The Lucerne-headquartered company now plans to reduce up to 50...Continue Reading

DEEP Earth Energy Production Corp. (DEEP) has announced a strategic collaboration with SLB to drive the development of Canada’s first next-generation geothermal project, located in southeast Saskatchewan. SourceContinue Reading

Enverus Intelligence® Research (EIR) has published its summary of Q4 and full-year 2024 upstream M&A activity, reporting $105 billion in U.S. upstream deals closed in 2024, the third highest total tracked by Enverus analysts. SourceContinue Reading

Reelwell AS has secured a multi-year contract with Vår Energi ASA to deploy its DualLink powered digital drill pipe technology. The milestone agreement will see the DualLink deployed offshore on the Norwegian Continental Shelf (NCS) for the first time. SourceContinue Reading

Suriname’s Economy Forecast To Grow 55% In 2028 With First Oil | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Jan 29, 2025, 12:30 PM CST Suriname’s GDP will expand at a brisk 55% annual clip in 2028 when...Continue Reading

China’s Search for a New Economic Engine | 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 – Jan 29, 2025, 12:00 PM CST China is shifting its economic...Continue Reading