Perenco has announced a successful drilling operation for its Onyx well, encountering significant columns of natural gas in two separate geological compartments. The Onyx field is an undeveloped gas discovery located within the TSP license, offshore Trinidad. SourceContinue Reading

The Return of Peak Oil | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – May 15, 2025, 10:00 AM CDT U.S. oil production may have peaked, signaling...Continue Reading

UK-headquartered Score, a global provider of advanced engineering technology services in the fields of valve and emissions management, gas turbines and surface technologies has announced two major multi-million-dollar acquisitions as part of its strategic growth plan. SourceContinue Reading

Top Japanese Refiners Step Back From Low-Carbon Investments | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 15, 2025, 9:30 AM CDT Japan’s biggest oil refiners are following the latest trend among Big Oil to return to focus on fossil fuel supply. The top oil...Continue Reading

Significantly lower oil prices in April sent Russia’s oil export revenues down to the lowest level in nearly two years as the price of Russian grades fell alongside the benchmark international prices, which lost about $10 per barrel last month. Russia’s revenues from oil exports slumped to $13.2 billion in April, the lowest level since...Continue Reading

Tariff Uncertainty Forces Engie to Reassess American Energy Ventures | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – May 15, 2025, 8:00 AM CDT French energy giant Engie has started to slow down approvals for new renewable energy projects in the...Continue Reading

IEA Sees Oil Demand Growth Slowing on Economic Headwinds | 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 – May 15, 2025, 6:50 AM CDT Economic headwinds and record electric vehicle sales...Continue Reading

Eni In Talks to Sell 20% of Its $13-Billion Low Carbon Unit Plenitude | 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 – May 15, 2025, 5:32 AM CDT Eni has launched...Continue Reading

Oil prices dipped by 4% early on Thursday after U.S. President Donald Trump said the United States were close to a nuclear deal with Iran, while a top Iranian officials hinted at Tehran abandoning uranium enrichment if the U.S. lifts the economic sanctions.  In Asian and early European trade on Thursday, the U.S. oil benchmark,...Continue Reading

Asia’s Fuel Imports Slump to Five-Year Low | 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 – May 15, 2025, 4:33 AM CDT Asia’s imports of refined petroleum products plunged in April...Continue Reading