A government -backed fund is pledging more than £2 for a carbon capture project. Energy secretary Ed Miliband has said that workers in “Britain’s manufacturing heartlands” will benefit from the investment in the Peak Cluster works. Peak Cluster is working towards a pipeline that will take carbon emissions from cement and lime companies in the...Continue Reading
State-owned Indian Oil Corporation, the biggest refiner in India, expects international crude oil prices to stabilize in the $65 to $70 per barrel range for the rest of the fiscal year, with potential dips below $65 a barrel, IndianOil chairman AS Sahney told the NDTV Profit outlet on Monday. “There is still some room for...Continue Reading
U.S. Energy Giants Set to Sign $34 Billion Worth of Deals With Indonesia | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 07, 2025, 9:30 AM CDT U.S. supermajors ExxonMobil and Chevron, Indonesia’s state energy firm Pertamina, and other companies from the two countries are...Continue Reading
OPEC+ to Complete Unwinding of Oil Output Cuts With Big September Hike | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jul 07, 2025, 8:44 AM CDT OPEC+ plans to fully unwind its 2.2 million bpd production cuts by September, much faster than originally scheduled. The...Continue Reading
China’s Refiners Face a Major Jet Fuel Glut | 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 – Jul 07, 2025, 8:30 AM CDT The bad news for China’s refiners doesn’t seem...Continue Reading
Shell Expects Weaker Trading and Lower Natural Gas Output in Q2 | 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 – Jul 07, 2025, 7:15 AM CDT Shell expects to have booked...Continue Reading
Goldman Sachs Expects Another OPEC+ Superhike in September | 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 – Jul 07, 2025, 5:50 AM CDT The OPEC+ producers are expected in August to...Continue Reading
Carney: New Canadian Oil Pipeline Is ‘Highly Likely’ | 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 – Jul 07, 2025, 4:51 AM CDT A new oil pipeline to Canada’s Pacific coast...Continue Reading
BRICS Says West Should Pay for Global South’s Energy Transition | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 07, 2025, 3:33 AM CDT The world’s wealthiest countries should finance the energy transition of poorer countries, BRICS said in a joint statement during a gathering...Continue Reading
Ship Attacked in the Red Sea | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 07, 2025, 2:19 AM CDT A bulk carrier came under fire in the Red Sea this weekend, with gunfire, missiles, and drones used against it by crews on small boats,...Continue Reading
