Is it Just Another Trump Bluff? – Oil Markets Wait to See if Trump’s Russian Oil Tariff Threat is a Bluff

Summary • Trump, mad at Putin, threatens tariffs on buyers of Russian oil• Market would look for OPEC response to any drop in Russian supply, analysts say (Reuters) – Oil…

Washington Tells Repsol its License in Venezuela to be Revoked

President Donald Trump’s administration told Repsol it had until May 27 to wind down its operations in the Southern American country, the spokesperson added. Oil companies Maurel et Prom from…

Chinese Oil Major Discovers New Field

China’s state energy company CNOOC said today it had discovered a new oil field in the South China Sea that could contain over 100 million tons of crude oil, equal…

Trump Threatens Iran With Bombs If Nuclear Deal Fails

President Donald Trump has threatened Iran with bombings and sanctions if the two fail to reach an agreement on a new nuclear deal that would see Iran pledge not to…

North Sea Taskforce Urges Windfall Tax Replacement Before 2030

ByTsvetana Paraskova– Mar 31, 2025, 5:30 AM CDT The UK government needs to replace the current windfall tax on North Sea oil and gas operations as soon as practically possible…

U.S. Scraps Foreign Firms’ Licenses to Operate in Venezuela’s Oil Industry

ByTsvetana Paraskova– Mar 31, 2025, 6:30 AM CDT The U.S. Treasury has revoked a license for French oil firm Maurel & Prom to operate in Venezuela and is no longer…

Oil, Gas Execs Reveal Where They Expect WTI Oil Price to be in the Future

Executives from oil and gas firms have revealed where they expect the West Texas Intermediate (WTI) crude oil price to be at various points in the future as part of…

  • Gas
  • March 31, 2025
Stockholm Exergi moves forward with build for Swedish BECCS project

Sweden-based energy company Stockholm Exergi has cleared Italian engineering firm Saipem to begin work on a large-scale carbon capture project at the Värtaverket biomass power plant in Stockholm. The €600m…

  • Gas
  • March 31, 2025
Carbon Clean partners with Danish heating companies for CO2 capture

Leading Denmark district heating companies Sønderborg Varme and Thisted Varmeforsyning are teaming up with point-source carbon capture business Carbon Clean, headquartered in the UK, to seek a subsidy from the…

  • Gas
  • March 31, 2025
Carbon Clean partners with Danish heating companies for CO2 capture

Leading Denmark district heating companies Sønderborg Varme and Thisted Varmeforsyning are teaming up with point-source carbon capture business Carbon Clean, headquartered in the UK, to seek a subsidy from the…