Economic Standoff Between China and United States Intensifies | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Apr 08, 2025, 11:00 AM CDT The United States has...Continue Reading

The sudden plunge in oil prices begs the question, what if WTI prices go as low as $50 per barrel? At that level, U.S. Lower 48 onshore crude oil production could decline by more than 1 million bpd over 12 months, according to S&P Global Commodity Insights. SourceContinue Reading

SPIE Global Services Energy, a subsidiary of SPIE, has announced the signing of a five-year contract with Sonangol Exploração & Produção for the general maintenance of the Block 3/05 oil complex in Angola. SourceContinue Reading

Trump: EU Must Buy $350 Billion in Energy Goods From the U.S. | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Apr 08, 2025, 10:00 AM CDT President Trump demands the EU buy $350 billion in U.S. energy to remove tariffs. The EU has offered zero-for-zero...Continue Reading

AIQ, the Abu Dhabi-based artificial intelligence (AI) champion developing innovative solutions for the energy sector, has entered a Strategic Collaboration Agreement with Gulf Energy Information (Gulf) to enhance the development of ENERGYai by integrating Gulf’s vast energy sector data assets with AIQ’s advanced AI capabilities. SourceContinue Reading

Phillips 66 Puts Up Fight Against Elliott Campaign for Changes | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 08, 2025, 9:30 AM CDT U.S. refiner Phillips 66 told shareholders on Tuesday that Elliott Investment Management’s demands for breaking up the company are misguided, based...Continue Reading

Job Numbers Rise in Alaska’s Arctic Thanks to Oil Projects | 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 Related News By Tsvetana Paraskova – Apr 08, 2025, 8:30 AM CDT The development of oil projects in...Continue Reading

Oil Price Plunge Could Severely Impact Russia’s Economy | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Apr 08, 2025, 8:06 AM CDT Russia’s Central Bank warns that falling oil prices and tariff wars threaten the Russian economy. The price of Russia’s Urals crude is nearing...Continue Reading

Woodside has entered into a binding agreement with Stonepeak for the sale of a 40% interest in Louisiana LNG Infrastructure LLC. The transaction significantly reduces Woodside’s capex profile and is a step towards readiness for a final investment decision. SourceContinue Reading

Striving to increase production and reverse natural declines in mature oilfields, Ghana is promoting new investment across its upstream oil and gas sector through national upstream regulator the Petroleum Commission of Ghana. SourceContinue Reading