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Woodside Energy and Aramco have entered into a non-binding collaboration agreement to explore global opportunities, including Aramco’s potential acquisition of an equity interest in and LNG offtake from the Louisiana LNG project. Source
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“The Trump Administration continues to fill important positions within the federal government with outstanding professionals who are committed to increasing American energy dominance,” said IPAA President Jeff Eshelman. Source
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UK Farmers Fear for Bioethanol Market Following US Trade Deal | 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 – May 14, 2025, 2:00 PM CDT A recent...
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Oil giant Saudi Aramco has signed agreements with major U.S. companies potentially totaling about $90 billion. The signed MoUs and pacts cover partnerships on LNG, AI, emission-reduction technologies and more, Aramco said in a statement. Source
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Tech Breakthrough Could Upend the $650 Billion Plastics Market | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – May 14, 2025, 12:37 PM CDT For decades, recycling plastic has been a losing game — too slow, too expensive, and too limited...
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Libya’s oil sector faces renewed disruptions following the resumption of intense fighting in Tripoli, just hours after a ceasefire was declared by officials. The Sirte Oil Company, a key state-run energy operator, announced the suspension of all land-based fuel and material transport due to escalating security concerns in western Libya, Devidiscourse News reported on Wednesday....
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XRG, PETRONAS and the Turkmenistan State Enterprise Hazarnebit have signed a new Production Sharing Contract (PSC) with the State Concern Turkmennebit for the offshore “Block I” gas and condensate fields in Turkmenistan. Source
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Russia and Ukraine Prepare for Direct Peace Talks in Turkey | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – May 14, 2025, 11:00 AM CDT Ukraine and...
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McDermott has successfully completed fabrication, construction, and offshore floatover of the Scarborough floating production unit (FPU) topside and hull structures for Woodside Energy. Source
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XRG, PETRONAS and the Turkmenistan State Enterprise Hazarnebit have signed a new Production Sharing Contract (PSC) with the State Concern Turkmennebit for the offshore “Block I” gas and condensate fields in Turkmenistan. Source
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