Russian gas producer Novatek has rerouted approximately 70,000 metric tons of gas condensate to the Black Sea port of Novorossiisk due to a shutdown at its Ust-Luga gas condensate complex, sources told Reuters. The disruption traces back to a drone attack on August 24 that ignited a fire at the Ust-Luga facility, incapacitating all operations,...Continue Reading
Octopus Energy Splits Off Kraken to Fast-Track Global 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 – Sep 18, 2025, 2:00 PM CDT Kraken, Octopus Energy’s...Continue Reading
Monday saw a brief global outage of Elon Musk’s satellite internet service Starlink impact tens of thousands of people, including Ukrainian military forces across the entire frontline. Despite such occasional hiccups, Ukraine has long successfully relied on Starlink throughout the conflict, especially to run its fleet of attack drones. Russia is working on its own...Continue Reading
Citgo Refineries at Risk After U.S. Court Decision | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 18, 2025, 12:30 PM CDT A U.S. federal judge has ruled that defaulted bonds issued by Venezuela’s state oil company PDVSA in 2016 remain valid, strengthening creditors’ claims...Continue Reading
Silicon Valley’s Embrace of Defense Tech | 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 – Sep 18, 2025, 12:00 PM CDT Global conflicts and rising defense budgets...Continue Reading
CEO Woods: Exxon Has No Plans to Return to Russia | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 18, 2025, 11:30 AM CDT ExxonMobil doesn’t plan a return to the Russian oil industry, the U.S. supermajor’s chief executive Darren Woods told the Financial Times...Continue Reading
Russia’s revenues from oil and gas are expected to plunge in September by 23% from a year earlier, as international crude prices have declined and the Russian currency has strengthened, calculations by Reuters showed on Thursday. The decline is not good news for Russia, which is currently planning its 2026 budget and continues to spend...Continue Reading
Ukraine Strikes Deep Into Russia as Energy War Escalates | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Related News By Michael Kern – Sep 18, 2025, 10:30 AM CDT Ukraine launched fresh drone attacks on Russian energy assets Thursday, hitting two refineries including Gazprom’s giant Neftekhim...Continue Reading
Is Russia Weaponizing Natural Gas Against Armenia? | 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 – Sep 18, 2025, 10:00 AM CDT Gazprom announced a 10-day suspension of gas...Continue Reading
ExxonMobil CEO Slams EU Climate Rules | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Related News By Michael Kern – Sep 18, 2025, 9:30 AM CDT The penalties proposed in the European Union’s climate and social responsibility legislation would be bone-crushing to any company, ExxonMobil’s chief...Continue Reading