The United States and Ukraine have not agreed yet on any draft of a minerals deal, Ukrainian officials said on Friday amid reports that the U.S. pushes for an agreement to have all income from Ukraine’s mineral resources contributed to a joint fund. The U.S. has revised its original proposal, according to a summary of...Continue Reading

A federal district judge on Thursday ruled against a Biden administration sale of oil and gas drilling rights in the Gulf of America, faulting the government with failing to sufficiently analyze its possible effects on the climate and endangered whales.  SourceContinue Reading

Woodside has entered into an agreement with Perenco to divest its Greater Angostura assets in Trinidad and Tobago for $206 million. The divestment is inclusive of Woodside’s interest in the shallow water Angostura and Ruby offshore oil and gas fields, associated production facilities and the onshore terminal. SourceContinue Reading

Russia’s Far East Crude Price Slumps as China’s State Refiners Cut Imports | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 28, 2025, 9:37 AM CDT The price of Russia’s ESPO crude blend, the flagship grade exported from the Russian Far East, slumped to the...Continue Reading

By Editorial Dept – Mar 28, 2025, 9:30 AM CDT The next conflicts will be directly over ports and waterways, and the Red Sea has only brought that into clearer focus. From the wildly coveted Horn of Africa’s access to the Gulf of Aden. But this week, we’re looking at a backdoor port deal that’s...Continue Reading

Significant Movement in Sudan’s Civil War | OilPrice.com Premium Content By Editorial Dept – Mar 28, 2025, 9:30 AM CDT Politics, Geopolitics, & Conflict Sudan’s army intensified its offensive on the city of Omdurman (across the Nile from Khartoum) in an attempt to rout the Rapid Support Forces (RSF) paramilitary forces after having declared victory...Continue Reading

U.S. Tariffs Spark Oil Supply Worries | OilPrice.com Premium Content By Editorial Dept – Mar 28, 2025, 9:30 AM CDT Traders Eye Supply Tightness and Tariff Pressures Light crude oil is posting a solid weekly gain, closing near $69.90 on Thursday, up roughly 2.4%, as traders responded to tightening global supply and rising geopolitical risks....Continue Reading

This Stock Has Served Long Term Investors Well, But The Time to Sell Has Come | OilPrice.com Premium Content By Editorial Dept – Mar 28, 2025, 9:00 AM CDT When it comes to investing, I am not a big believer in the “buy and hold forever” strategy. No market ever moves up or down in...Continue Reading

India is weighing the option to scrap its import tax on American liquefied natural gas to increase U.S. LNG imports and reduce its trade surplus with the United States, sources from Indian industry and government have told Reuters. Since taking office in January, U.S. President Donald Trump has been on the offensive to impose tariffs...Continue Reading

The Railroad Commission of Texas assessed $1,888,364 in enforcement docket fines against operators and businesses at the Commissioners’ open meeting on Wednesday.  The Commission has primary oversight and enforcement of the state’s oil and gas industry and intrastate pipeline safety. SourceContinue Reading