In a conference Thursday, OPEC+ was expected to simply remind errant members to respect output limits, ahead of confirming its existing plan to gradually raise production. Instead, they delivered a major shock — increasing supply by three times the planned amount in May in what delegates described as a deliberate effort to drive down prices....Continue Reading

Schlumberger AI Drilling Deal Could Change Deepwater Extraction Forever | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Apr 03, 2025, 5:00 PM CDT The awarding of the contract for an ultra-deepwater Trion project offshore Mexico is more than...Continue Reading

Global Underwater Hub (GUH) and Subsea Innovation Cluster Australia (SICA) have signed a Memorandum of Understanding to work together to grow the subsea sector in both hemispheres.   SourceContinue Reading

Oil Executives Voice Concern Over Trump Energy Policies as Prices Plummet | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Apr 03, 2025, 4:00 PM CDT Oil executives...Continue Reading

U.S. Seeks Higher Spending Pledges from NATO Members | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Apr 03, 2025, 3:00 PM CDT US Secretary of State...Continue Reading

In a bid to bolster significant global investment and competitiveness within Africa’s oil and gas sector, national oil companies (NOCs) in Nigeria and Angola are progressing with long-anticipated initial public offerings (IPOs). SourceContinue Reading

Nuttall: Oil Fundamentals Support OPEC+ Decision To Ease Output Cuts | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Apr 03, 2025, 2:16 PM CDT Oil market fundamentals support the OPEC+ decision...Continue Reading

Trump’s Tariffs: Trade War Goes Global | 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 Premium Content By Irina Slav – Apr 03, 2025, 2:00 PM CDT It’s official: President Donald Trump has announced sweeping tariffs on friends and...Continue Reading

GCC Bourses Rack Up Losers as OPEC+, Tariffs Send Oil Tanking | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 03, 2025, 2:00 PM CDT Gulf Cooperation Council (GCC) nations saw their bourses plunge on Thursday following U.S. President Donald Trump’s unveiling of sweeping ‘Liberation...Continue Reading

UK Prepared for Economic Challenges in Changing World | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Apr 03, 2025, 1:00 PM CDT The UK Prime Minister...Continue Reading