Equinor’s Giant New Arctic Find Starts Pumping to Recoup $8B in 2 Years | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 31, 2025, 12:30 PM CDT Equinor’s Johan Castberg oilfield in the Arctic Barents Sea began production on Monday to a great deal of...Continue Reading
Vitol-Carlyle Group Buys Swedish Refiner to Boost Biofuels Business | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 31, 2025, 11:30 AM CDT Varo Energy, owned by the world’s biggest independent oil trader, Vitol, and the Carlyle Group, has reached a deal to buy Swedish...Continue Reading
U.S. benchmark crude oil prices soared 2.65% on Monday, with West Texas Intermediate (WTI) hitting $71.20, up $1.84 at 11:47 a.m. ET on fears Trump will follow through on more tariff threats for buyers of Russian oil, combined with the prospect of a military response to Iran. Brent crude was also climbing on Monday, up...Continue Reading
South Africa Allows Some Coal Plants to Top Emissions Limits | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 31, 2025, 10:30 AM CDT South Africa has allowed eight coal-fired power plants run by state-owned utility Eskom to exceed air pollution and emissions limits this...Continue Reading
Norway’s 86 billion kroner ($8.1 billion) Johan Castberg oil development in the Barents Sea has started pumping oil. The project, developed by Equinor ASA and partner Var Energi ASA, will reach peak production of about 220,000 bpd. SourceContinue Reading
Human Creativity Prevails in the Age of AI | 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 – Mar 31, 2025, 10:00 AM CDT The economy is shifting...Continue Reading
Equinor Starts Up Arctic Oilfield Johan Castberg | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 31, 2025, 9:30 AM CDT Following several months of delays due to inclement winter weather in the waters in Norway’s Arctic, Equinor started up the Johan Castberg oilfield on...Continue Reading
Trump Threatens Russia With Oil Tariffs | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Mar 31, 2025, 9:00 AM CDT President Trump has threatened Russia with...Continue Reading
Analysts Don’t See Too Much Upside for Oil Prices | 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 – Mar 31, 2025, 8:30 AM CDT The OPEC+ group’s production increase and expectations...Continue Reading
SLB has been awarded a major drilling contract by Australian independent Woodside Energy for its ultra-deepwater Trion development project, offshore Mexico. SLB will oversee the delivery of 18 ultra-deepwater wells using an integrated services approach and AI-enabled drilling capabilities to improve operational efficiency and well quality. SourceContinue Reading
