Uncuffing Iran Could Backfire on Oil Markets | 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 – May 20, 2025, 12:00 PM CDT Lifting U.S. sanctions on Iran could temporarily lower oil prices, but...Continue Reading

SLB has launched Retina™ at-bit imaging, a first-of-its-kind solution which enables identification of formation characteristics. Retina addresses the limitations of traditional imagers, which are often restricted by operational factors like drilling fluid type and wellbore damage, SLB stated. SourceContinue Reading

Putin and Trump Discuss Ceasefire, Trade in Two-Hour Call | 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 20, 2025, 11:00 AM CDT President Trump has...Continue Reading

Kazakhstan Defies OPEC+ Once Again | 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 – May 20, 2025, 10:24 AM CDT Kazakhstan’s oil production rose 2% in May, defying yet another OPEC+ quota...Continue Reading

U.S. officials from the Bureau of Ocean Energy Management (BOEM) have lifted the stop-work order for Equinor’s Empire Wind project, offshore New York. “I would like to thank President Trump for finding a solution that provides for continued investments in energy infrastructure in the U.S.,” said Anders Opedal, President and CEO of Equinor ASA. SourceContinue Reading

ConocoPhillips CEO: U.S. Shale Output to Level Off at $60 Oil | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – May 20, 2025, 10:00 AM CDT ConocoPhillips CEO Ryan Lance stated that U.S. shale production will stagnate in the low $60s and decline in the $50s...Continue Reading

TDI-Brooks has recently finalized a geological evaluation in the Gulf of America/Gulf of Mexico on behalf of Enbridge. For this project, TDI-Brooks utilized the R/V BROOKS MCCALL, executing 38 piston cores (PC), 7 gravity cone penetration tests (gCPTs), and 82 box cores (BC). SourceContinue Reading

The Railroad Commission of Texas recently trained more than 300 employees in Phase I of the agency’s Boots on the Ground initiative. The goal of the program is to bring more consistency across all the agency’s oil and gas districts. SourceContinue Reading

Saudi Arabia Is Prepared for Multiple Oil Price Scenarios | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 20, 2025, 9:00 AM CDT Saudi Arabia’s goal is long-term oil market stability, while the Kingdom is always ready for multiple oil price scenarios, Saudi Minister of...Continue Reading

Oil Prices Remain Rangebound as Geopolitical Catalysts Loom | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – May 20, 2025, 9:00 AM CDT While oil markets have calmed somewhat at the start of this week after a period of intense volatility,...Continue Reading