Modernizing UK and EU Relationship Key to Future Growth | 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 12, 2025, 12:00 PM CDT The UK has...Continue Reading
Kazakhstan’s CPC Exports To Fall In May | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 12, 2025, 11:30 AM CDT Kazakhstan’s oil exports via the Caspian Pipeline Consortium (CPC) are poised for a significant decline in May, with daily shipments of CPC Blend crude...Continue Reading
What The Endgame in Gaza Means For Middle East Security And Oil Prices | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – May 12, 2025, 11:00 AM...Continue Reading
Höegh Evi has signed a 10-year time charter agreement with Egyptian Natural Gas Holding Company (EGAS) for the deployment of Hoegh Gandria as a floating storage and regasification unit (FSRU) in Egypt. SourceContinue Reading
NRG Energy to Buy $12 Billion Worth of Assets Amid Power Demand Supercycle | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 12, 2025, 10:30 AM CDT NRG Energy will buy a portfolio of gas-fired power generation facilities valued at $12 billion from LS Power...Continue Reading
Prosafe has been declared the winner of a bidding process for a four-year contract by Petrobras for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil. SourceContinue Reading
TWMA* has secured a contract with bp to provide drilling waste management services in the UK North Sea. The scope of work will utilize TWMA’s RotoMill** technology for the safe and efficient processing of drilling waste directly at the wellsite. SourceContinue Reading
U.S. House Republicans have introduced the Budget Reconciliation Bill, which will include funding to begin refilling the Strategic Petroleum Reserve (SPR)—a key promise of President Donald Trump. The bill proposes $1.321 billion to acquire, by purchase, petroleum products for storage in the Strategic Petroleum Reserve, and another $218 million for maintenance of, including repairs to,...Continue Reading
China Bolsters Export Controls on Critical Minerals | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 12, 2025, 9:30 AM CDT China is bolstering export controls on the entire supply chain of critical minerals as it seeks to keep its dominant position in the sector....Continue Reading
The momentum sparked by the U.S.-China tariff reduction agreement fueled gains across the energy sector, with major oil companies posting significant advances. Marathon Petroleum led the pack, surging 5.73%, followed closely by ConocoPhillips at 5.63%. Chevron saw a solid 3.09% increase, while BP gained 2.32%. European majors also joined the rally, with Equinor up 1.52%,...Continue Reading
