China has asked its coal-fired power plants to boost stockpiles with domestic supply as authorities aim to push up local demand and prices, anonymous sources familiar with the matter told Reuters on Wednesday. Coal prices in China have been depressed this year, weighing on the profits and profitability of the coal producers. China’s coal prices...Continue Reading
Australia Extends Lifespan of Iconic LNG Plant to 2070 | 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 – May 28, 2025, 7:45 AM CDT After six years of reviews and delays,...Continue Reading
The OPEC+ group could start talks about establishing the baselines for individual members’ production quotas for 2027 as early as today, delegates from the alliance told Reuters on Wednesday. Some big OPEC producers, such as Iraq, the United Arab Emirates (UAE), and Kuwait, plan to raise their oil production capacity in the coming years. These...Continue Reading
Exxon to Sell French Business to Canadian Firm | 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 – May 28, 2025, 6:45 AM CDT ExxonMobil intends to sell its 83% stake in...Continue Reading
Shipping Data: Sanctioned Tankers Involved in Russia-India Oil Trade | 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 – May 28, 2025, 5:44 AM CDT Tankers sanctioned by the United States in...Continue Reading
Trump Will Allow Chevron to Keep Venezuelan Assets | 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 – May 28, 2025, 4:30 AM CDT The Trump administration will grant Chevron the right to keep...Continue Reading
B.C. Port Seeks to Draw More Tanker Traffic | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 28, 2025, 3:30 AM CDT The Vancouver Fraser Port Authority is planning to dredge an inlet in order to be able to accept fuller oil tankers, sparking concern...Continue Reading
Refiners Expect Saudi Arabia to Cut Oil Price | 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 – May 28, 2025, 2:31 AM CDT Saudi Arabia may cut its official selling price for crude...Continue Reading
Venezuela’s Shadow War Over Oil-Rich Essequibo Is Escalating | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – May 27, 2025, 7:00 PM CDT Following ExxonMobil’s massive 2017 oil discovery offshore Guyana, Venezuela has revived and intensified its claim over the Essequibo region. A series of cross-border...Continue Reading
U.S. Battery Production Set To Decline 75% Under Trump’s ‘Big Bill’ | 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 – May 27, 2025, 6:00 PM CDT Council on Clean Transportation: Trump’s big beautiful bill could slash U.S. battery production...Continue Reading
