White House Proposes Relaxed Vehicle Efficiency Rules in Bid to Lower Car Prices | 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 – Dec 04, 2025, 5:00 PM CST Trump has scrapped Biden-era fuel economy rules, slashing required fleet averages...Continue Reading

The American Petroleum Institute (API) is praising the Trump administration’s proposal to revise U.S. Corporate Average Fuel Economy (CAFE) standards, arguing the move will preserve consumer choice and support stable domestic energy demand. SourceContinue Reading

Chevron is continuing routine flights to Venezuelan oil sites despite U.S. airspace warning, with the company stressing full regulatory compliance and prioritizing worker safety amid heightened regional navigation risks. SourceContinue Reading

Pemex’s Debt Spiral Becomes a National Test for Mexico | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Dec 04, 2025, 4:00 PM CST Mexico created $12B in off–balance sheet P-Caps plus a $13B investment vehicle to help Pemex manage its massive debt load. Pemex’ debt...Continue Reading

Congo is accelerating its upstream expansion, ramping LNG output and boosting oil production toward 500,000 bpd. New projects, fast-paced LNG development and pro-investment reforms are positioning the country as a rising hub in Central Africa’s energy future. SourceContinue Reading

Chevron has unveiled a 2026 capex budget of $18–$19 billion, with major spending directed toward U.S. shale, offshore growth in Guyana and the Gulf, and lower-carbon investments. SourceContinue Reading

Congress Reopens More of Alaska’s Arctic Refuge to Oil Leasing | 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 – Dec 04, 2025, 3:00 PM CST Congress just overturned a Biden-era rule that...Continue Reading

The AI Revolution Reshaping the Global Mining Industry | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Dec 04, 2025, 3:00 PM CST The global AI in mining market is projected to reach $9.93 billion by 2032, driven by the dual challenges of complex extraction and...Continue Reading

Kazakhstan’s oil output has fallen sharply after damage at the Caspian Pipeline Consortium (CPC) export terminal disrupted flows, tightening supplies from one of OPEC+’s largest non-core contributors and forcing operators to curtail production, Reuters reported on Thursday.  Output dropped in the first two days of December after storms and structural damage limited loading capacity at...Continue Reading

European automaker shares rose sharply on Thursday after President Donald Trump moved to roll back U.S. fuel economy limits established under Joe Biden, according to Reuters. The administration framed the proposal as a way to lower consumer costs by making it easier for companies to sell gasoline-powered vehicles. By mid-morning, Porsche shares were up more than 5%,...Continue Reading