Trump: Putin ‘Destroying’ Russia by Rejecting Ukraine Peace Deal | 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 – Jan 21, 2025, 2:00 PM CST Former President Trump...Continue Reading
Portugal Ditches Russian Gas, Boosts Imports from U.S. and Nigeria | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Related News By Alex Kimani – Jan 21, 2025, 1:30 PM CST Portugal will increase purchases of liquefied natural gas (LNG) from the United States and...Continue Reading
Energy giant ScottishPower has been granted an appeal to allow it to deduct £28m in fines by Ofgem for corporation tax purposes. Investigations by regulator Ofgem found companies within the Scottish Power group had breached regulations between 2013 and 2016, in relation to mis-selling, cost-reflectivity, energy saving and complaints handling. Scottish Power entered into a...Continue Reading
Chinese Refiners Scramble for Oil as Russian Sanctions Bite | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jan 21, 2025, 12:00 PM CST President Trump plans to refill the US Strategic Petroleum Reserve, which was significantly drained under the Biden administration. Sanctions...Continue Reading
European and African Countries Back Green Hydrogen Pipeline Project | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 21, 2025, 11:30 AM CST Italy, Austria, Germany, Algeria, and Tunisia reiterated on Tuesday their intention to develop a pipeline that would carry renewable hydrogen from North...Continue Reading
Mergers in the U.S. upstream sector are set to decline in the current year, Enverus has predicted. Deal-making in the U.S. shale patch hit high gear with the U.S. energy sector leveraging high oil and stock prices to go on a $250 billion buying spree in 2023; however, the wave of consolidations has emptied pocketbooks...Continue Reading
UK Electricity Prices Jump to Two-Year High as Wind Power Plunges | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 21, 2025, 10:30 AM CST Low wind speeds have pushed the UK’s power prices to their highest level in two years on Tuesday, with wind...Continue Reading
Permian Basin Oil and Gas Output Faces Disruption Due to Freezing Temperatures | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jan 21, 2025, 10:00 AM CST Texas is facing a major winter storm with extreme cold and snow, which could lead to...Continue Reading
Saudi Aramco Sees Oil Demand Growth at 1.3 Million Bpd in 2025 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 21, 2025, 9:30 AM CST Saudi Aramco, the world’s largest oil exporter, expects global oil demand to grow by a steady 1.3 million barrels...Continue Reading
Oil Prices Drop on Trump’s First Day in Office | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Jan 21, 2025, 9:00 AM CST Oil prices dropped ahead of Donald Trump’s first day back in office, with expectations of a stronger...Continue Reading