Woodside to Cut Over 500 Jobs
Brent Falls to $100 as Traders Bet on a U.S.-Iran Deal
Fire Shuts Equinor’s Visund Platform in Norwegian North Sea
Oil Crashes 9% as Trump and Vance Blame Iran War for Midterm Rout
Nigeria’s Oil and Gas Output Rises to 3.04 Million Boepd
European Gas Prices Fall 2% as Traders Wait on Trump’s Next Move in Iran
UAE-Controlled Moeve Sells Algerian Upstream Assets
Dangote Breaks Ground on $2.5 Billion Namibia Fuel Hub for Southern Africa
Ohio ethanol producer to acquire biofuels firm HLCP for $915m
Bosch’s new semiconductor division targets €5bn sales by 2030
Elliott Builds $5 Billion Stake in BP, Financial Times Reports
Elliott is trying to push the British oil company to cut spending on renewables and make big divestments, the FT report said. BP’s shares fell 1.3% to 462.5 pence after…
Hedge Fund Elliott Commands Attention in C-suites as Relentless Activist
Now, storied oil giant BP is in Elliott’s sights. The investment firm, which manages $70 billion, has not disclosed the size of its stake in BP or what changes it…
Trump Hostility to US Offshore Wind Reverberates Through Supply Chain
Summary • Researcher now expects 25 gw of offshore wind by 2030, not 30 gw• Ship builders, steelmakers hit as industry needs fewer vessels• Italy’s Prysmian drops plan for Massachusetts…
Exelon Boosts Capex plan by $3.5 Billion, Mostly to Bolster Power Lines
Many U.S. power companies have revised up capex plans over the past year as the proliferation of AI data centers and the electrification of industries like transportation grow power consumption.…
Chevron Set to Lay Off 20% of Global Workforce
Chevron will pay off between 15% and 20% of its global workforce as it seeks to reduce costs after the megadeal that will see it combine with Hess Corp.—as soon…
Oil Prices Down on Potential Ukraine Peace Deal
Crude oil prices moved lower on Thursday on the prospect of a peace deal for Ukraine, following a statement by President Donald Trump who said the presidents of both Russia…
EPA Chief Launches Offensive to Reclaim Billions in Climate Finance
The new head of the U.S. Environmental Protection Agency has declared the EPA will pursue the entities that received billions in dollars in the final weeks of the Biden administration’s…
UAE’s ADNOC Signs Up to $9-Billion LNG Supply Deal With Indian Oil
UAE’s ADNOC Signs Up to $9-Billion LNG Supply Deal With Indian Oil | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Feb 13, 2025, 6:30 AM CST ADNOC Gas, a…
India takes first steps into CCS
India Energy Week 2025 has heard plenty on LNG and fossil fuel development, alongside upbeat forecasts for green hydrogen as the country looks to transform itself into a major clean…
WHO publishes medical oxygen scale up guidance
The World Health Organization (WHO) has published new . The guidance, following extensive global collaboration, is available via the WHO website or MAGICapp. Enhanced features include ‘practical info’ boxes to…
