Shell Offshore Inc. and Shell Pipeline Company (SPLC), subsidiaries of Shell plc (Shell), have completed the previously announced agreement to increase their stake in the Ursa platform in the Gulf of America/Gulf of Mexico from 45.39% to 61.35%. SourceContinue Reading

Venezuela Desperate For China To Buy More Oil | 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 01, 2025, 1:30 PM CDT Venezuela’s oil lifeline is unraveling—and it’s not just because...Continue Reading

The Trump administration sued Michigan and Hawaii seeking to block the states from suing oil companies for damage caused by climate change, less than two months after the U.S. Supreme Court rebuffed a Republican bid to derail such legal efforts. SourceContinue Reading

Just one week ago, China seemingly couldn’t get enough of gold, and the price of spot briefly touched a record $3500 as a result of, among other things, staggering inflows into Chinese gold ETFs such as the Huaan Yifu, Bosera and Guotai gold ETFs. But, as with all things momentum-based in China, it’s easy come,...Continue Reading

OPEC Plot Twist? Bloomberg Survey Shows Production Drop in April | 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 01, 2025, 12:30 PM CDT OPEC just pulled a plot twist. Instead...Continue Reading

Europe Increases Metal Imports from Russia Despite Sanctions | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – May 01, 2025, 12:00 PM CDT Despite ongoing sanctions, Russian...Continue Reading

Congress Just Sideswiped California’s EV Crusade | 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 01, 2025, 11:30 AM CDT California’s 2035 gas car ban just got torched by the U.S....Continue Reading

Washington Calls Out Europe’s Energy Fantasy | 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 01, 2025, 11:00 AM CDT The U.S. criticized Europe’s top-down climate mandates. Secretary Chris Wright...Continue Reading

IMF Slashes Growth Forecast for Middle East Exporters as Oil Prices Dip | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 01, 2025, 10:30 AM CDT The International Monetary Fund (IMF) has downgraded its economic growth forecast for the oil exporters in the Middle East...Continue Reading

The Railroad Commission of Texas assessed $1,372,720 in enforcement docket fines against operators and businesses at the Commissioners’ open meeting on Tuesday.  The Commission has primary oversight and enforcement of the state’s oil and gas industry and intrastate pipeline safety. SourceContinue Reading