The UK government has admitted in court that its approval of the giant Rosebank oilfield off Shetland was unlawful. Government lawyer Chris Pirie KC accepted at an Edinburg court that the previous Conservative administration did not include “the effects on climate of the combustion of oil and gas to be extracted from the fields.”  Controversy...Continue Reading

Oil Jumps on Fuel Inventory Draws | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Nov 14, 2024, 10:10 AM CST Crude oil prices moved higher today after the U.S. Energy Information Administration...Continue Reading

Europe’s Natural Gas Prices Jump to 2024 High | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 14, 2024, 9:30 AM CST Europe’s benchmark natural gas prices surged on Thursday to the highest since November 2023 as Austria’s OMV warned of a potential halt to...Continue Reading

Rubio’s Vision: A Pragmatic Approach to American Foreign Policy | 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 – Nov 14, 2024, 9:00 AM CST Marco Rubio, President-elect...Continue Reading

Norway’s Oil Investment Hits Record High | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 14, 2024, 8:17 AM CST Investments in the oil and gas sector in Norway are set to hit a record high this year, due to higher development activity on new...Continue Reading

IEA Warns of Oil Market Surplus Amid Weak Demand in 2025 | 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 Premium Content By Tsvetana Paraskova – Nov 14, 2024, 7:23 AM CST The IEA raised its 2024...Continue Reading

Ovintiv Expands in Canada’s Montney Shale With $2.4 Billion Deal | 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 – Nov 14, 2024, 7:13 AM CST The oil and gas industry’s mergers...Continue Reading

Germany Warns Import Terminals to Refuse Deliveries of Russian LNG | 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 – Nov 14, 2024, 4:44 AM CST Germany’s economy ministry has warned the...Continue Reading

Saipem Wins Contract for $10-Billion Suriname Oil Project | 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 – Nov 14, 2024, 3:43 AM CST Saipem has won a $1.9-billion contract from TotalEnergies...Continue Reading

Libyan Oil Output Under Threat Amid Fresh Protests | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Nov 14, 2024, 2:40 AM CST Protesters shut down oil distribution valves in response to the...Continue Reading