bp today announced an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America/Gulf of Mexico. This discovery underscores bp’s renewed focus on upstream exploration, part of its strategy reset announced in February 2025. Chevron co-owns the Far South prospect with 42.5% interest. SourceContinue Reading

bp today announced an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America/Gulf of Mexico. This discovery underscores bp’s renewed focus on upstream exploration, part of its strategy reset announced in February 2025. Chevron co-owns the Far South prospect with 42.5% interest. SourceContinue Reading

South Bow, operator of the Keystone pipeline, aims to resume Keystone Pipeline operations by Tuesday, April 15, following a leak near Fort Ransom, North Dakota, that spilled an estimated 3,500 barrels of crude oil last week.  The 2,687-mile pipeline, which moves over 600,000 barrels per day from Alberta, Canada, to U.S. refineries in Illinois, Oklahoma,...Continue Reading

EU to Seek LNG Purchase Deal With Trump in Trade Talks | 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 – Apr 14, 2025, 8:30 AM CDT The European Union is considering...Continue Reading

BP Makes Deepwater Oil Discovery in Gulf of Mexico | 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 – Apr 14, 2025, 7:30 AM CDT BP has made an oil discovery in...Continue Reading

BP Makes Deepwater Oil Discovery in Gulf of America | 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 – Apr 14, 2025, 7:30 AM CDT BP has made an oil discovery in...Continue Reading

China’s Oil Imports Hit 20-Month High as Iran and Russia Flows Rebound | 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 – Apr 14, 2025, 5:47 AM CDT Chinese crude oil imports...Continue Reading

China’s Coal Imports Dip 6% as Local Prices Slump | 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 – Apr 14, 2025, 4:37 AM CDT Weak demand and domestic prices at four-year...Continue Reading

G7 Considers Reducing Russia’s Oil Price Cap | 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 – Apr 14, 2025, 3:30 AM CDT G7 and the UK are discussing a reduction of the price...Continue Reading

Goldman Sachs Cuts Oil Price Outlook Once Again | 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 – Apr 14, 2025, 2:30 AM CDT Goldman Sachs has reduced its outlook for oil prices for...Continue Reading