The U.S. Interior Department has approved bp’s Kaskida deepwater development in the Gulf of America/Gulf of Mexico. The project, expected to begin production in 2029, could unlock an estimated 275 MMbbl of oil from bp’s Paleogene discoveries. SourceContinue Reading
Brent crude settled above $100 a barrel for a second straight session as the Middle East conflict disrupts tanker traffic through the Strait of Hormuz and fuels extreme volatility across global oil markets. SourceContinue Reading
The U.S. Interior Department has approved bp’s Kaskida deepwater development in the Gulf of America/Gulf of Mexico. The project, expected to begin production in 2029, could unlock an estimated 275 MMbbl of oil from bp’s Paleogene discoveries. SourceContinue Reading
The U.S. has begun releasing 86 MMbbl of crude from the Strategic Petroleum Reserve as part of a coordinated international effort to ease oil prices following supply disruptions linked to the Iran conflict and halted tanker traffic through the Strait of Hormuz. SourceContinue Reading
Trump Bombs Iran’s Kharg Island and Threatens to Hit Oil Exports | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics and later completed an Executive MBA in Energy Transition at the University of Groningen.… More Info Related News By Tom Kool – Mar 13, 2026, 6:28 PM CDT U.S....Continue Reading
Big Tech’s Push to Make Electricity Cheaper | 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 – Mar 13, 2026, 6:00 PM CDT Google, Tesla, and other firms...Continue Reading
How a Texas Oil Belt Became America’s Next Lithium Frontier | 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 – Mar 13, 2026, 4:00 PM CDT Soaring global...Continue Reading
The Myth of the Oil Glut Is Dead | OilPrice.com Cyril Widdershoven Cyril Widdershoven is a senior maritime, energy, and geopolitical analyst and Senior Advisor at Blue Water Strategy, specialising in the strategic intersection of shipping, ports,… More Info Premium Content By Cyril Widdershoven – Mar 13, 2026, 2:00 PM CDT The Strait of Hormuz...Continue Reading
Venture Global has taken final investment decision (FID) on Phase 2 of its CP2 LNG project and secured $8.6 billion in project financing, bringing total financing to $20.7 billion as the company expands U.S. LNG export capacity. SourceContinue Reading
Bank of America: Sell Oil Above $100 | 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 – Mar 13, 2026, 1:02 PM CDT Bank of America is warning investors not to chase oil...Continue Reading
