BP boss Murray Auchincloss has defended the company’s move to increase fossil fuel production and ditch its renewable energy commitments. Auchincloss is under mounting pressure from BP investors, who are frustrated at the oil major’s underperforming share price. The executive unveiled plans for a “fundamental reset” two weeks ago, which included ditching a series of...Continue Reading

Whitecap Resources and Veren have agreed to merge in a US$10.4 billion (C$15 billion) deal that will create a leading Canadian light oil and condensate producer, the companies said on Monday. The firms announced that they had entered into a definitive business combination agreement to combine in an all-share transaction valued at approximately US$10.4 billion...Continue Reading

Investors Warn New Vietnam Policy Could Put $13 Billion Green Investment at Risk | 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 – Mar 10, 2025, 8:30 AM CDT Vietnam risk losing...Continue Reading

India’s Coal Imports Drop for Sixth Consecutive Month | 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 – Mar 10, 2025, 7:15 AM CDT India’s thermal coal imports are estimated to have...Continue Reading

U.S. Energy Secretary: Shale Could Boost Production Even at $50 Oil | 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 – Mar 10, 2025, 5:44 AM CDT U.S. shale producers could increase...Continue Reading

Kazakhstan Set to Cut Oil Exports Via Caspian Pipeline | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 10, 2025, 4:30 AM CDT Kazakhstan will reduce the flow oil crude via the Caspian Pipeline Consortium by as much as 70% this month, a senior government...Continue Reading

Russian Forces Use Gas Pipeline to Launch Attack on Ukraine Troops | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 10, 2025, 3:30 AM CDT Russian soldiers used a natural gas pipeline to launch an attack on Ukrainian forces in the Russian region of Kursk...Continue Reading

Oil Prices Start the Week Lower on Tariff Fallout | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Mar 10, 2025, 2:37 AM CDT Crude oil prices began trade this week with a...Continue Reading