“This decline in oil investment is driven by economic uncertainties, lower demand expectations and lower prices,” IEA Executive Director Fatih Birol said in an interview as the agency published its annual World Energy Investment report. SourceContinue Reading
Central Asia’s Resources Spark a New Global Scramble | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Jun 05, 2025, 4:00 PM CDT Italian Prime Minister Giorgia Meloni’s visit...Continue Reading
Höegh Evi and Aker BP have been awarded an Approval in Principle (AiP) from DNV for a liquefied CO₂ (LCO₂) carrier. The vessel, developed in Norway by Höegh Evi, Aker BP and Moss Maritime, is designed to transport captured CO₂ for storage in offshore Norway. SourceContinue Reading
Petronas, Malaysia’s state-owned oil and gas company, will cut about 10% of its workforce in a firm-wide restructuring as it looks to reduce costs due to falling crude prices. The company will reduce headcount by more than 5,000 people, said CEO Muhammad Taufik. SourceContinue Reading
API President and CEO Mike Sommers joined this week’s episode of Veriten’s C.O.B. Tuesday podcast to discuss the state of American energy policy as the Trump administration and Congress continue to make progress on many of the priorities outlined in API’s five-point policy roadmap. SourceContinue Reading
The Energy NL Conference & Exhibition 2025 concluded Thursday after an informative and engaging discussion on the potential of the industry, Indigenous participation in resource projects, trade and market diversification, regulations, and an update on the Bay du Nord Project. SourceContinue Reading
Billions in Trade at Risk for Indian Metals Industry | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Jun 05, 2025, 3:00 PM CDT The U.S. has...Continue Reading
Libya’s Rival Govt Draws Up $13B Budget Amid Oil Revenue Clash | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 05, 2025, 2:30 PM CDT Libya’s eastern-based parliament has approved a 69 billion Libyan dinar ($12.7 billion) budget for its Development and Reconstruction Fund, overseen...Continue Reading
Bulgaria Set to Join Eurozone in 2026 | 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 – Jun 05, 2025, 2:00 PM CDT The European Commission has given...Continue Reading
UK Businesses Struggle with High Energy Costs Due to Net Zero Policies | 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 – Jun 05, 2025, 2:00 PM CDT...Continue Reading
