Vista Energy has acquired Petronas’ 50% stake in the Vaca Muerta shale basin in a deal valued at $1.5 billion USD. Vista estimates that the area, known as La Amarga Chica (LACh) could potentially hold 400 new well locations to be drilled in its inventory (at 100% working interest). The remaining 50% of LACh is...Continue Reading

Crude oil inventories in the United States saw an increase of 500,000 barrels during the week ending April 11, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading up in a rare show of strength prior to the crude data release by the U.S. Energy Information...Continue Reading

Venture Global Begins Contracted Calcasieu Pass LNG Deliveries | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 16, 2025, 9:15 AM CDT U.S. LNG exporter Venture Global has started contractual deliveries from its first LNG export project, Calcasieu Pass, to its long-term customers amid an...Continue Reading

Gold Surges on China’s Economic Data Release | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Apr 16, 2025, 9:00 AM CDT China’s latest economic data, including GDP growth and retail sales, has exceeded expectations, despite concerns about potential impacts from US tariffs....Continue Reading

Thailand Joins Countries Looking to Hike U.S. LNG Imports to Avoid Tariffs | 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 16, 2025, 8:08 AM CDT Thailand is the latest...Continue Reading

The eight OPEC+ countries that have been cutting oil production will have to compensate 4.57 million barrels per day (bpd) in overproduction so far, and the compensation plans entail offsetting all above-quota output by June 2026. Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman have submitted their individual compensation plans...Continue Reading

Egypt and Azerbaijan Consider Strategic Oil and Gas Partnership | 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 16, 2025, 6:30 AM CDT Senior executives from Azerbaijan’s state oil firm...Continue Reading

Lower Clean Energy Output Boosts Europe’s Power Emissions | 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 16, 2025, 5:30 AM CDT Carbon emissions from Europe’s power generators jumped in...Continue Reading

China Coal Generation Declines in Q1 | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Apr 16, 2025, 4:30 AM CDT China’s thermal power generation, which mainly uses coal and also some natural...Continue Reading

Trump Considers Tariffs on Critical Mineral Imports | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Apr 16, 2025, 3:30 AM CDT President Trump has tasked the Department of Commerce with studying the...Continue Reading