House Committee Set to Boost Oil and Gas Drilling on Federal Lands | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 06, 2025, 5:00 AM CDT The House Natural Resources Committee is preparing to launch an overhaul of oil and gas drilling legislation in a...Continue Reading

Oil Price Slide Triggers Demand Jump and Slight Rebound | 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 06, 2025, 3:55 AM CDT Low oil prices have done what they always do,...Continue Reading

Shale Major Sees U.S. Oil Production Peaking | 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 06, 2025, 12:59 AM CDT Onshore crude oil production in the United States has peaked, Diamondback...Continue Reading

(WO) – Day one of OTC 2025 kicked off Monday, May 5, in Houston, Texas.  Offshore innovations and industry priorities in the current economic and geopolitical climate led much of the discussion on day one, exemplified in a panel on electrification. SourceContinue Reading

Big Oil Isn’t Backing Down at $60 Oil | 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 05, 2025, 7:00 PM CDT Exxon, Chevron, Shell, and TotalEnergies are sticking to aggressive production...Continue Reading

U.S. Locks in Rare Earth Deal with Ukraine, but Payoff May Take a Decade | 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 05, 2025, 6:00 PM CDT Washington and Kyiv signed a long-awaited minerals agreement. Nearly 40%...Continue Reading

Oil dropped after OPEC+ agreed to another large output increase, raising concern that additional supply could lead to a global glut just as the trade war threatens demand. The drop follows OPEC+’s latest agreement to continue loosening supply constraints. SourceContinue Reading

Big Oil Holds Steady on Dividends Despite Oil Price Slump | 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 Premium Content By Tsvetana Paraskova – May 05, 2025, 5:00 PM CDT Despite market uncertainty and falling oil...Continue Reading

BW Energy has reached final investment decision (FID) for the Maromba development offshore Brazil based on a capex-efficient development with an integrated drilling and wellhead platform (WHP) and a refurbished FPSO. SourceContinue Reading

Russia Backs Iraqi Push To Reopen Key Oil Pipeline To Syria As Gateway To Europe | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – May 05, 2025,...Continue Reading