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#oilprice.com. × #Nov.12.2025 Oil Prices Sink 4% as OPEC Moves to Balanced 2026 Outlook | OilPrice.com. Oil prices fell sharply on Wednesday after OPEC said it now expects the global market to be balanced in 2026, abandoning its earlier deficit forecast as non-OPEC production rises and inventories recove
#Business
#oilprice.com. × #Nov.12.2025 China Looks to Expand Renewable Energy Use Beyond Electricity | OilPrice.com. China is launching a new plan to use renewable energy for green hydrogen and ammonia production, aiming to reduce solar and wind power curtailment and expand clean energy use beyond the electricity sec
#Business #China #Asia #Americas
#oilprice.com. × #Nov.12.2025 Oil Prices Plunge 2.5% as OPEC, IEA Outlooks Point to Softer Market | OilPrice.com. Oil prices tumbled over 2.5% as new projections from OPEC and the IEA indicated a more balanced, softer market outlook and political uncertainty in Washington dampened near-term consumption forecasts.
#Business #Americas
#oilprice.com. × #Nov.12.2025 Chevron’s Five-Year Plan Prioritizes Superior Shareholder Returns | OilPrice.com. Chevron's five-year strategic plan focuses on growing free cash flow and boosting returns to shareholders through cost cuts, synergies from the Hess acquisition, and capital discipline, instead of prio
#Business #USA #North America
#oilprice.com. × #Nov.12.2025 India’s Top Refiner Looks to Buy Non-Sanctioned Russian Crude | OilPrice.com. India's top refiner, Indian Oil Corporation, is seeking non-sanctioned Russian crude and looking to replace lost Russian supply with oil from the Americas and West Africa following new U.S. sanctions.
#Business #Africa #Russia #USA #Europe #Asia #North America #India #Americas
#oilprice.com. × #Nov.12.2025 Namibia Plans to Tighten Presidential Grip Over Its Oil Sector | OilPrice.com. Namibia is moving to amend its Petroleum Act to transfer key powers from the energy minister to the president and a new unit in the presidency to consolidate control over its emerging oil industry.
#Business #Namibia #Africa #Americas
#oilprice.com. × #Nov.12.2025 TotalEnergies to Power Google Data Centers in Ohio | OilPrice.com. TotalEnergies has signed a 15-year Power Purchase Agreement to supply Google's data centers in Ohio with renewable electricity from a local solar farm, supporting Google's carbon-free energy strategy a
#Business #Tech #Google
#oilprice.com. × #Nov.12.2025 U.S. Sanctions Widen Russia’s Crude Discount to $20 a Barrel | OilPrice.com. U.S. sanctions on Rosneft and Lukoil have caused the discount of Russia's Urals crude to benchmark Brent to widen to $20 per barrel, the highest level this year.
#Business #Russia #USA #Europe #North America
#oilprice.com. × #Nov.12.2025 Global EV Sales Jump 23% | OilPrice.com. Global EV and hybrid sales rose 23% year-on-year in October to 1.9 million units, with strong growth in China and Europe offset by a sharp U.S. decline following subsidy cuts.
#Business #China #Europe #Asia
#oilprice.com. × #Nov.12.2025 IEA Drops Peak Oil Predictions | OilPrice.com. The International Energy Agency has reversed its earlier forecasts, now expecting oil and gas demand to keep rising until 2050 as global energy needs soar and governments refocus on energy security.
#Business #International Energy Agency
#oilprice.com. × #Nov.11.2025 Putin and Tokayev to Discuss Gas Cooperation, U.S. Sanctions Fallout | OilPrice.com. Russian President Vladimir Putin and Kazakh President Kassym-Jomart Tokayev are meeting in Moscow this week to discuss gas cooperation and the impact of U.S. sanctions on Russian oil majors with operat
#Business #Politics #Russia #Kassym-Jomart Tokayev #Kazakhstan #USA #Europe #Asia #North America #Vladimir Putin
#oilprice.com. × #Nov.11.2025 U.S. Sanctions Push Indian Refiners Away From Russian Crude | OilPrice.com. Following U.S. sanctions on Rosneft and Lukoil, all but two Indian refiners have refrained from placing orders for Russian crude oil for December, prompting a pivot toward the Americas and the Middle E
#Business #Russia #USA #Europe #Asia #North America #India #Americas
#oilprice.com. × #Nov.11.2025 Nigeria Launches 2025 Oil Licensing Round as Regulator Takes the Reins | OilPrice.com. Nigeria will open its 2025 oil licensing round on December 1, as the Upstream Petroleum Regulatory Commission (NUPRC) steps deeper into the role once dominated by the state oil company
#Business #Nigeria #Africa
#oilprice.com. × #Nov.11.2025 Kenya’s Gulf Energy Sets 2026 Target for First Oil | OilPrice.com. Gulf Energy Ltd., a Nairobi-based trader, plans to start producing crude from the South Lokichar Basin by the end of 2026—nearly fifteen years after Tullow Oil’s original discovery.
#Business #Kenya #Africa
#oilprice.com. × #Nov.11.2025 U.S. Sanctions Force Russian Move to Relinquish Control of Key Serbian Oil Asset | OilPrice.com. The Russian majority owners of Serbia’s sole refinery, NIS, are negotiating to cede control to a third party and have requested a U.S. license extension as sanctions halt crude supply and payment proce
#Business #Russia #USA #Serbia #Europe #North America
#oilprice.com. × #Nov.11.2025 China Opens State Energy Projects to Private Investment | OilPrice.com. China has issued a landmark directive encouraging private investment in major state-led energy and infrastructure projects, potentially allowing private investors to hold stakes of 10% or higher to boo
#Business #China #Asia
#oilprice.com. × #Nov.11.2025 Iran’s Deputy Foreign Minister Calls for New Nuclear Talks | OilPrice.com. Iranian deputy foreign minister Saeed Khatibzadeh stated Iran is open to a "peaceful" nuclear deal with the US, even as key disagreements over uranium enrichment remain and US sanctions continue under
#Business #USA #Asia #North America #Iran #Americas
#oilprice.com. × #Nov.11.2025 China's CO2 Emissions Have Been Flat for 18 Months Straight | OilPrice.com. A new analysis shows that China's carbon dioxide emissions have remained flat or falling for 18 consecutive months, driven by the rapid uptake of electric vehicles and a massive surge in renewable ener
#Business #Weather #China #Asia #Americas
#oilprice.com. × #Nov.11.2025 Shell Takes Venture Global LNG Arbitration Loss to NY Supreme Court | OilPrice.com. Shell has challenged an arbitration ruling against Venture Global in the New York Supreme Court, alleging the U.S. LNG exporter wrongfully withheld contracted supply to sell on the higher-priced spot m
#Business #USA #North America #Americas
#oilprice.com. × #Nov.11.2025 India’s ONGC Net Profit Slips 18% as Oil Prices Drop | OilPrice.com. ONGC’s second-quarter profit fell 17.8% year-on-year due to weaker crude prices, even as India’s top oil and gas producer pushed ahead with new discoveries and production growth efforts.
#Business #PublicHoliday #New Year's Eve #New Year #Asia #India
#oilprice.com. × #Nov.11.2025 Nigeria Eyes 1.7 Billion Barrels in New Oil Supply | OilPrice.com. Nigeria has approved 43 new oil and gas field development plans worth $20 billion, aiming to boost output and reverse years of decline caused by theft and vandalism.
#Business #Nigeria #Africa
#oilprice.com. × #Nov.11.2025 Sanctions and Ice Hinder Russia’s Arctic Oil Exports | OilPrice.com. Russia’s crude oil exports to Asia via the Northern Sea Route fell by 4.2% in 2025 as early ice and sanctions hindered Arctic shipping operations.
#Business #Russia #Europe #Asia
#oilprice.com. × #Nov.11.2025 Oil Prices Slip Despite Lukoil Declaring Force Majeure in Iraq | OilPrice.com. Oil prices fell despite Lukoil declaring force majeure on its Iraqi operations after new U.S. sanctions, as traders focused on signs of global oversupply ahead of key OPEC and IEA reports.
#Business #Asia #Iraq
#oilprice.com. × #Nov.10.2025 Lukoil Declares Force Majeure at Huge Iraqi Oilfield After U.S. Sanctions | OilPrice.com. Russian oil giant Lukoil declared force majeure at Iraq's 400,000-bpd West Qurna-2 oilfield following new U.S. sanctions, which also led to Iraq halting payments and the collapse of Lukoil's planned $2
#Business #Russia #USA #Europe #Asia #North America #Iraq #Americas
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