Taiwan’s Energy Crisis Could Prove to Be Existential | 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 – May 08, 2025, 1:00 PM CDT Taiwan’s isolated energy grid...Continue Reading
Core Laboratories Inc. has opened a new Unconventional Core Analysis Laboratory in Saudi Arabia. Developed in collaboration with Abdulla Fouad Group, the facility underscores the company’s commitment to advancing reservoir evaluation technologies in the Middle East. SourceContinue Reading
Refiners Defy Oil Price Slump With Strong Q1 Profits on Solid Margins | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 08, 2025, 12:30 PM CDT Despite slumping oil prices, global refiners are turning in strong first-quarter earnings, thanks to a sharp rebound in profit...Continue Reading
Kazakhstan, which has created tensions within OPEC+ by consistently breaching its production limit, has no plans to cut oil output in May. The country’s Energy Ministry said in an email that it plans to pump the same levels of crude as in April. SourceContinue Reading
Houston-based oil giant ConocoPhillips cut its spending outlook by 3.5% to $12.45 billion, while leaving its production view unchanged, it said Thursday in a statement announcing first-quarter results. SourceContinue Reading
The Energy Workforce & Technology Council has released its April 2025 jobs report, indicating a steady employment trend in the energy services sector despite broader market transitions and ongoing global trade uncertainty. SourceContinue Reading
U.S. Sanctions Disrupt Chinese Teapots’ Purchases of Iranian Oil | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 08, 2025, 11:30 AM CDT Independent Chinese refiners have started to experience difficulties in procuring cheap Iranian crude oil while others have stopped purchases from Iran, after...Continue Reading
China’s Clean Energy Boom Spells Trouble for Central Asia’s Gas Giants | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – May 08, 2025, 11:00 AM CDT China is rapidly...Continue Reading
Oil prices have risen by 3%, with Brent crude nearing $63 and WTI approaching $60, buoyed by optimism around upcoming U.S.-China trade negotiations. U.S. Treasury Secretary Scott Bessent is set to meet with China’s top economic official on May 10 in Switzerland to address the ongoing trade war that has been impacting global markets. According...Continue Reading
ConocoPhillips Beats Q1 Profit Estimates as Output Jumps | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 08, 2025, 10:30 AM CDT ConocoPhillips (NYSE: COP) reported on Thursday slightly better-than-expected earnings for the first quarter, as higher oil and gas production volumes more than offset...Continue Reading
