The UK’s energy regulator has approved a £24bn investment to upgrade the UK’s energy infrastructure as a part of its green transition. The Office of Gas and Electricity Markets (Ofgem) move comes as the government renews its push for cleaner energy, despite backlash around the impact on prices. Over £15bn is set to be deployed...Continue Reading

Russia’s Oil Exports Stagnate as Prices Sink and Sanctions Bite | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Jul 01, 2025, 12:30 PM CDT Russia’s seaborne crude oil shipments barely budged...Continue Reading

Sustainable Investment Stumbles on Uncertain Pace of Energy Transition | 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 – Jul 01, 2025, 12:00 PM CDT A combination of rising costs, geopolitical shifts,...Continue Reading

Indonesia Wants Drilling Partners to Revive Oil Output from Old Wells | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 01, 2025, 11:30 AM CDT Indonesia’s new energy strategy entails attracting oilfield services providers with the latest technology to help the Southeast Asian country revive...Continue Reading

Russia’s War Economy Faces Imminent Recession | 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 – Jul 01, 2025, 11:00 AM CDT Top Russian economic officials have acknowledged...Continue Reading

India Launches Cobalt and Copper Exploration in Zambia | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 01, 2025, 10:30 AM CDT India is kicking off exploration efforts for cobalt and copper deposits in Zambia by sending a team of geologists to the African country...Continue Reading

Oil Markets Refocus on OPEC as Iran-Israel Conflict Cools | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Jul 01, 2025, 10:00 AM CDT Oil markets are now refocusing on OPEC+ as the Iran-Israel ceasefire continues to hold, with the cartel’s...Continue Reading

OPEC’s second-largest producer, Iraq, was the single biggest supplier of crude from the cartel to the United States in May, per data from the U.S. Energy Information Administration (EIA) cited by Iraqi media outlets Shafaq News and IraqiNews. Iraq ranked first among the 12 OPEC producers in terms of exports to the United States in...Continue Reading

OPEC Tensions Build as Kazakhstan’s Oil Production Hits All-Time High | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Jul 01, 2025, 9:00 AM CDT Kazakhstan’s crude oil output jumped 7.5% in...Continue Reading

U.S. Utilities Face Peak Demand Uncertainty With Data Center Boom | 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 – Jul 01, 2025, 8:15 AM CDT Electric utilities in the United States...Continue Reading