Reports are circulating in Armenia that a US delegation will soon travel to Yerevan to work out the details of a transit corridor that is a key element of the provisional Armenian-Azerbaijani peace deal brokered by US President Donald Trump. Armenian news accounts, citing “well-informed government sources,” say the US delegation will arrive at some...Continue Reading

China-Russia Pipeline Seen Displacing One-Third of LNG Imports, Analysts Warn | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 08, 2025, 12:30 PM CDT China’s planned Power of Siberia 2 pipeline with Russia could displace the equivalent of one-third of the country’s LNG imports and...Continue Reading

Strathcona Resources Ltd. increased its bid for oil sands producer MEG Energy Corp., seeking to break up the oil sands producer’s sale to larger Canadian rival Cenovus Energy Inc. SourceContinue Reading

Treasury Secretary Brushes Off Warnings of U.S. Jobs Recession | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Sep 08, 2025, 12:00 PM CDT Treasury Secretary Scott Bessent rejected claims the U.S. is entering a “jobs recession,” arguing noisy data and pending revisions...Continue Reading

Global crude oil flows would be disrupted if the U.S. imposes more sanctions on buyers of Russian oil, one of the world’s biggest independent commodity traders says. “President Trump is serious about going for much tougher sanctions,” Frederic Lasserre, global head of research and analysis at commodity trading giant Gunvor, said at the APPEC energy...Continue Reading

Expro has set a new benchmark for deepwater well construction, achieving the heaviest casing string deployment to-date for a major operator in the Gulf of America/Gulf of Mexico. SourceContinue Reading

Chevron Outlines Diversified Refining and Petrochemicals Strategy | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 08, 2025, 10:30 AM CDT Chevron plans to have a balanced portfolio of refineries across Asia, Brant Fish, president of International Products at the U.S. supermajor, said on Monday. “There’ll...Continue Reading

Chevron to Boost Investment in South Korea’s Refining and Petrochemicals | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Sep 08, 2025, 10:30 AM CDT Chevron plans to invest heavily in petrochemicals and heavy oil upgrading in South Korea as part...Continue Reading

Oil Prices Defy OPEC+ Cut Rollback, Rally on Asian Demand Signals | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 08, 2025, 10:16 AM CDT Oil prices rose on Monday despite OPEC+ confirming at its Sunday meeting that it will wind down more than 1...Continue Reading

The EU is weighing options to impose fresh sanctions on Russia’s oil industry and exports by sanctioning major energy firms and erecting more barriers to Russian oil trade, sources with knowledge of the plans told Bloomberg on Monday.   EU officials are set to travel to Washington this week to discuss potential coordinated joint EU-U.S. sanctions...Continue Reading