The total number of active drilling rigs for oil and gas in the United States fell by 1 this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US  to 548 this week, according to Baker Hughes, down 41 from this same time last year. The...Continue Reading

Hungary Signs Gas Supply Deal with Azerbaijan | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Dec 12, 2025, 11:30 AM CST Hungary has secured an agreement to receive natural gas from Azerbaijan for the next two years, Hungarian Foreign Minister...Continue Reading

Fermi America announced their first potential tenant for the Project Matador data center campus terminated their $150 million Advance in Aid of Construction agreement (i.e., lease). The stock has plunged as much as 50% in premarket trading in what is a wild overreaction with unprecedented demand for data center space (especially data centers named after the president)...Continue Reading

India Greenlights First-Ever Coal Exports Policy | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 12, 2025, 10:30 AM CST India’s government approved on Friday auctions for coal that buyers could use for industrial activity and exports in yet another reform in the vast coal...Continue Reading

Oil Sinks Despite Rate Cuts and Tanker Seizures | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics and later completed an Executive MBA in Energy Transition at the University of Groningen.… More Info Premium Content By Tom Kool – Dec 12, 2025, 9:30 AM CST Oil sentiment has turned...Continue Reading

Historic Bill Opens India’s $214 Billion Nuclear Sector to Private Firms | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 12, 2025, 9:30 AM CST India’s government on Friday approved the landmark Atomic Energy Bill, which would allow private companies to invest in its nuclear...Continue Reading

A Fragile Calm Brings Ships Back to the Red Sea | OilPrice.com Premium Content By Editorial Dept – Dec 12, 2025, 9:00 AM CST Politics, Geopolitics & Conflict This week, Washington has again increased the pressure on Venezuela with the first seizure of a sanctioned tanker off the Venezuelan coast, and preparations for more, in...Continue Reading

The Rapid Support Forces (RSF), the paramilitary bloc that broke from the Sudanese army and now dominates most of Sudan’s western belt, has moved on the Balila facility in West Kordofan, and it is already affecting the energy corridor. Balila feeds directly into the GNPOC line carrying South Sudan’s Dar blend to Port Sudan, and...Continue Reading

A Challenging and Volatile Year for U.S. Shale | OilPrice.com Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Premium Content By Rystad Energy – Dec 12, 2025, 9:00 AM CST Oil had a weak...Continue Reading

Russia’s Oil and Gas Revenues Set to Plunge 50% to Five-Year Low | 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 – Dec 12, 2025, 8:00 AM CST Falling oil prices and...Continue Reading