(Bloomberg) – Chevron has completed an expansion at Kazakhstan’s huge Tengiz oil field, which is expected to pump 1 million bpd by mid-2025. The expansion comes as U.S. President Donald Trump this week said he’ll push OPEC and its allies to lower oil prices. SourceContinue Reading

Refinery Throughput at Sinopec Dipped in 2024 Amid Weaker Chinese Demand | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 24, 2025, 9:30 AM CST China Petroleum & Chemical Corporation, or Sinopec, saw its refinery throughput drop by 2.03% in 2024 from a year earlier,...Continue Reading

Europe’s Rush to Secure Natural Gas | OilPrice.com Premium Content By Editorial Dept – Jan 24, 2025, 8:30 AM CST Rare Texas Winter Storm Sends Energy Prices Soaring – An unprecedented winter storm that stretched from Canada all the way to the Gulf of Mexico has sparked another electricity price spike across the United States,...Continue Reading

By Editorial Dept – Jan 24, 2025, 8:30 AM CST Moscow’s newer strategy in occupied Ukraine is all about natural resources, including uranium, lithium, and coal, and its shifting of troops and target areas reflects this mineral grab that shows Washington’s decades-long lack of foresight.  While natural resources did not appear to be forming Moscow’s...Continue Reading

How to Manage a Winning Trade | OilPrice.com Premium Content By Editorial Dept – Jan 24, 2025, 8:30 AM CST As vain as I can be at times, I do realize that not every reader of what I contribute here rushes out and follows my every recommendation. That is as it should be. The picks...Continue Reading

North Korea Is Gearing Up to Send More Troops to Ukraine | OilPrice.com Premium Content By Editorial Dept – Jan 24, 2025, 8:30 AM CST Politics, Geopolitics & Conflict South Korean intelligence reports its suspicions that North Korea is gearing up to send more troops to Russia to fight in Ukraine, despite having suffered what...Continue Reading

Oil Prices Under Pressure as Trump Pressures OPEC to Boost Production | OilPrice.com Premium Content By Editorial Dept – Jan 24, 2025, 8:30 AM CST Oil Prices Under Pressure After Trump Calls on OPEC to Boost Production Crude oil prices faced significant downward pressure this week, driven by President Donald Trump’s direct call for lower...Continue Reading

Exxon Begins Drilling for Natural Gas Offshore Cyprus | 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 – Jan 24, 2025, 8:30 AM CST ExxonMobil and its partner offshore Cyprus, QatarEnergy, on...Continue Reading

Trump Tariff Threats Boost Uncertainty in Oil Markets | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Jan 24, 2025, 8:00 AM CST Oil markets have been fully focused on Trump this week, with particular attention being paid to his tariff...Continue Reading

Japan’s Top LNG Buyer Plans More Purchases From the U.S. | 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 – Jan 24, 2025, 7:15 AM CST JERA, the largest LNG buyer in...Continue Reading