SLB has completed its previously announced $7.8 billion acquisition of ChampionX, enhancing its oil production and recovery portfolio. The announcement follows a period of regulatory delays amid competition concerns, with the final regulatory hurdle being cleared yesterday by UK’s Competition and Markets Authority. SourceContinue Reading
Biggest U.S. Grid Operator Issues Alert for July 16 | 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 – Jul 16, 2025, 8:30 AM CDT PJM Interconnection, the operator of the largest...Continue Reading
U.S. Vows to Quit IEA of the Agency Keeps Pushing Green Transition | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jul 16, 2025, 8:07 AM CDT The U.S. is pressuring the IEA to shift focus from climate advocacy back to objective demand forecasting. Energy Secretary...Continue Reading
Slovakia Holds EU Sanctions Hostage Over Russian Gas Exemption | 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 – Jul 16, 2025, 7:29 AM CDT Slovakia would drop its veto on the...Continue Reading
Several Oilfields in Kurdistan Halt Production After Drone Attacks | 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 – Jul 16, 2025, 6:26 AM CDT Several oilfields operated by foreign companies in...Continue Reading
China’s Naphtha Imports Set for Record High in 2025 | 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 – Jul 16, 2025, 4:40 AM CDT Expanding petrochemicals production and uncertainty about imports...Continue Reading
Aramco-Backed MidOcean in Advanced Talks for Major Stake in Canada LNG Unit | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 16, 2025, 3:30 AM CDT MidOcean Energy, the LNG investment platform backed by Saudi Aramco, has emerged as the front-runner to acquire a significant...Continue Reading
China’s July CPI Slows, but Oil Demand Holds as Refiners Tap Surplus | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 16, 2025, 2:30 AM CDT China’s consumer price index (CPI) rose just 0.2% year-on-year in July, undershooting expectations and raising concerns over weak domestic...Continue Reading
Morgan Stanley Sees Slower Oil Stockpile Build and Keeps Brent Outlook at $65 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 16, 2025, 1:00 AM CDT Morgan Stanley expects OECD oil inventories to rise by no more than 165 million barrels over the next...Continue Reading
The Oil Boom No One Wants to Talk About | 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 – Jul 15, 2025, 7:00 PM CDT Several major oil-producing countries—including the UAE, Iraq,...Continue Reading
