Leaders from both the American Petroleum Institute (API) and National Ocean Industries Association (NOIA) issued statements Monday after the House Energy and Commerce Committee released its proposed markup of the 2025 tax reconciliation bill, which includes a 10-year pause of the EPA’s Waste Emissions Charge (WEC). SourceContinue Reading

Commodity Traders are the Market Makers of a New Era | OilPrice.com Jose Chalhoub Jose is an energy and political risks analyst for Jose Parejo Associates. He worked for 13 years at Venezuela’s PDVSA. Jose has a degree in… More Info Premium Content By Jose Chalhoub – May 12, 2025, 5:00 PM CDT Through arbitrage...Continue Reading

Assassination of Militia Leader Sparks Chaos in Tripoli | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Related News By Tom Kool – May 12, 2025, 4:50 PM CDT Tripoli descended into chaos Monday following the reported assassination of Abdel Ghani...Continue Reading

Slowing global oil demand amid extreme uncertainty about the future of U.S. trade and a coming supply surplus are expected to hobble U.S. oil production growth later this year and could lead to an annual decline in output in 2026, according to a new analysis by S&P Global Commodity Insights. SourceContinue Reading

“We (the Trump administration) need to ensure that (U.S.) resources are secure, abundant and reliable. And we need energy of all kinds.” That is the message that Ryan Peay, the newly installed Deputy Assistant Secretary in the U.S. Department of Energy, brought to an OTC audience on the afternoon of Day 2 at OTC. SourceContinue Reading

American Petroleum Institute (API) President and CEO Mike Sommers issued a statement Monday after the House Energy and Commerce Committee released its proposed markup of the 2025 tax reconciliation bill, which includes a 10-year pause of the EPA’s Waste Emissions Charge (WEC). SourceContinue Reading

U.S. Shale Industry Braces for Increased Saudi Oil Production | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – May 12, 2025, 4:00 PM CDT Saudi Arabia is...Continue Reading

U.S. Tariffs Risk Disrupting Ukraine Arms Supply | 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 – May 12, 2025, 3:00 PM CDT Bullet Point Summary: The escalation...Continue Reading

The Case Against Fixing the Grid (Again) | OilPrice.com Leonard Hyman & William Tilles Leonard S. Hyman is an economist and financial analyst specializing in the energy sector. He headed utility equity research at a major brokerage house and… More Info Premium Content By Leonard Hyman & William Tilles – May 12, 2025, 2:00 PM...Continue Reading

Equinor ASA got no new signals that the Trump administration would reconsider the halt imposed on the Empire Wind project when its CEO met with a top White House official last week. Now the company must decide whether it will kill the project.  SourceContinue Reading