Oil Rises 3% After U.S. Bombs Iranian Nuclear Sites | 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 – Jun 22, 2025, 5:32 PM CDT While many were expecting the oil market to open for electronic...Continue Reading

Middle Eastern Oil Giants Go On LNG Buying Spree | 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 – Jun 22, 2025, 4:00 PM CDT Gulf oil giants like Saudi Aramco, ADNOC, and QatarEnergy are investing billions to nearly double...Continue Reading

Ivory Coast expects its oil output to increase more than fivefold in the next decade, boosted by recent discoveries and the start of production at two offshore fields. “By 2035, crude-oil production is expected to reach at least 500,000 bpd,” said the Minister of Petroleum. SourceContinue Reading

Canadian oil producer Strathcona Resources stood by its offer for MEG Energy after having the $4.1-billion takeover bid rejected by MEG’s board. While MEG called the offer “inadequate and opportunistic,” Strathcona continues to try to win over MEG shareholders. SourceContinue Reading

Oil traders are preparing for an oil-price surge when trading reopens, with the focus on whether Tehran’s retaliation to U.S. airstrikes will lead to a disruption in crude flows that have been largely unaffected so far. SourceContinue Reading

Why a Water-Powered Car is Scientific Nonsense | 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 – Jun 22, 2025, 2:00 PM CDT The widespread claim of a...Continue Reading

Angola’s national oil company Sonangol has signed two agreements with the Massachusetts Institute of Technology (MIT) aimed at strengthening cooperation and knowledge-transfer in the fields of oil, gas and critical minerals. SourceContinue Reading

According to TIPRO’s analysis, direct Texas upstream employment for May totaled 208,200, an increase of 2,200 industry positions from April employment numbers, subject to revisions. This represented an increase of 600 jobs in the services sector and 1,600 jobs in oil and gas extraction.  SourceContinue Reading

Danos has secured a contract renewal with Eni to provide production labor for its Gulf of America/Gulf of Mexico assets. The agreement includes approximately 50 offshore positions, such as production operators, instrumentation and electrical technicians, mechanics and electricians. SourceContinue Reading

Trump Policy Threatens Residential Solar Industry | 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 – Jun 22, 2025, 12:00 PM CDT The latest draft of the “One...Continue Reading