China Looks to Squeeze Russia Out of Kazakh Nuclear Deal | 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 29, 2025, 3:00 PM CDT China is making a...Continue Reading

Uncertainty Surrounds Future of Iran Nuclear Agreement | 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 – May 29, 2025, 2:00 PM CDT Nuclear talks between the US...Continue Reading

Chevron Corp. plans to lay off nearly 800 employees in the Permian basin, the company announced in a filing with the Texas Workforce Commission. The bulk of the reductions will come from Chevron’s Midcontinent campus on the outskirts of Midland, Texas. SourceContinue Reading

Is the U.S. Oil Industry Nearing a Tipping Point? | OilPrice.com Osama Rizvi Osama Rizvi is an Economic and Energy Analyst with a special focus on commodities, macroeconomy, geopolitics, and climate change. He has written for various print… More Info Premium Content By Osama Rizvi – May 29, 2025, 1:00 PM CDT Global oversupply is...Continue Reading

Chinese Oil Refiners Boost Exports as Domestic Demand Disappoints | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 29, 2025, 12:30 PM CDT China’s top oil refiners are turning to overseas markets to offset weak domestic demand, pushing ahead with refined product exports despite planned...Continue Reading

First-quarter earnings highlighted the overall trend of producers maintaining spending and production guidance for the year. Based on a peer group of 20 Canadian shale E&Ps, full year spending dropped a mere 0.4%, with output guidance remaining intact. Oil sands operators mirrored a similar story, with the only notable change coming from Canadian Natural Resources...Continue Reading

Kazakhstan Can’t Make Supermajors Cut Oil Production | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 29, 2025, 11:30 AM CDT Kazakhstan cannot reduce its oil production as it has no right to impose output reductions on international firms that are operating more than 70%...Continue Reading

Crude oil inventories in the United States dipped by 2.8 million barrels during the week ending May 23, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading up prior to the crude data release by the U.S. Energy Information Administration. On Tuesday, the American Petroleum Institute...Continue Reading

Galp Expects New Field to Boost Its Production in Brazil by 40% | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 29, 2025, 10:30 AM CDT Portugal-based energy company Galp expects its oil production in Brazil to jump by 40% in the coming years as...Continue Reading

Nuclear Making a Comeback in US, Europe | OilPrice.com Andrew Topf With over two decades of journalistic experience working in newspapers, trade publications and as a mining reporter, Andrew Topf is a seasoned writer specializing in… More Info Premium Content By Andrew Topf – May 29, 2025, 10:30 AM CDT A resurgence in nuclear energy...Continue Reading