U.S. President Donald Trump likes crude oil prices in the range of $40 to $50 per barrel, Goldman Sachs analysts have said, following an analysis of his social media posts on the topic. The president’s “inferred preference for WTI appears to be around $40 to $50 a barrel, where his propensity to post about oil...Continue Reading
Chemical Breakthrough Could Solve Our Plastic Waste Problem | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – May 13, 2025, 7:00 PM CDT For decades, recycling plastic has been a losing game — too slow, too expensive, and too limited in...Continue Reading
Big Oil Goes Bionic | 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 Premium Content By Tsvetana Paraskova – May 13, 2025, 6:00 PM CDT Oil and gas giants are rapidly adopting AI technologies to boost safety,...Continue Reading
Colombia’s oil and gas association urged authorities to take “urgent action” after a surge in sabotage attacks on critical energy infrastructure. A group broke in and set fire to the Quifa field facilities in central Colombia on Monday, the ACP said in a statement. SourceContinue Reading
Chevron, Shell, BP Target Egypt in LNG Power Play | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – May 13, 2025, 5:00 PM CDT Western energy giants...Continue Reading
Nexos, a leading EPC provider for the offshore energy sector, has announced a strategic expansion into onshore energy projects. The move is bolstered by a 300-person strong onshore services division, positioning nexos as a key player in the energy transition. SourceContinue Reading
Oil Bulls Balk At Surprise Crude Oil Inventory Build | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – May 13, 2025, 4:10 PM CDT The American Petroleum Institute (API) estimated that crude...Continue Reading
Supply Crunch Could Send California’s Gas Prices Past $8 | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – May 13, 2025, 4:00 PM CDT California faces the...Continue Reading
The Next Big Shale Boom Could Be North of the Border | 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 Premium Content By Irina Slav – May 13, 2025, 3:00 PM CDT As Permian growth slows, Canada’s Montney Formation...Continue Reading
Tullow Oil has formerly signed an agreement with Gabon Oil Company to sell 100% of its working interests in Gabon for total cash consideration of $300 million (USD). The agreement follows an announcement made in March 2025 discussing terms of the deal. SourceContinue Reading
