Saudi Arabia’s Next Move Could Hit Oil Prices Hard | 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 13, 2025, 4:00 PM CDT OPEC+ is accelerating its oil output increases by adding 411,000 barrels per day in May....Continue Reading
Energy NL, Canada’s energy industry association, has issued a statement with details on its Budget 2025. CEO Charlene Johnson announced $90 million to be located over three years for offshore oil and gas exploration. SourceContinue Reading
Via Metal Miner Construction work is tentatively due to start on a dual-gauge rail line between China and the Republic of Mongolia. Reports indicate that the rail line will increase coking coal transport by up to 30%. Current estimates say the project will begin in April, with completion scheduled for 2028. Dual-Gauge Rail System...Continue Reading
The number of U.S. rigs drilling for crude fell by nine to 480 this week, the biggest drop since June 2023. Domestic oil prices have been hovering around the low $60s-a-barrel, below levels that energy executives have said they need to make new drilling profitable. SourceContinue Reading
Chevron Corp. was ordered to return nearly 1 million barrels of Venezuelan oil to Petroleos de Venezuela SA in a blow to the oil major, which was working to secure crude before wrapping up operations in the country when a U.S. sanctions deadline hits in May. SourceContinue Reading
California Nuclear Plant Integrates AI for Efficiency | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Apr 13, 2025, 10:00 AM CDT The Diablo Canyon nuclear power...Continue Reading
Turkey, Pakistan To Explore World’s Fourth Largest Oil & Gas Reservoir | OilPrice.com Andrew Topf With over two decades of journalistic experience working in newspapers, trade publications and as a mining reporter, Andrew Topf is a seasoned writer specializing in… More Info Premium Content By Andrew Topf – Apr 12, 2025, 6:00 PM CDT Newly...Continue Reading
